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Black Friday compounds UK retailers’ inventory problem

Bloomberg A lackluster Black Friday in the UK added to an already muted Christmas season, leaving retailers with a problem: too much stock. Marks & Spencer Group Plc, Next Plc and Hotel Chocolat Group Plc are all trying to tackle high inventories that are forcing some British retailers to take on costly warehouse expenses and contemplate even steeper discounts. According ...

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Heathrow strikes planned on eve of Christmas getaway

  Bloomberg Families flying abroad for Christmas face strikes at Heathrow airport, with baggage handlers set to walk out for three days just as the end of the school term triggers a mass exodus via the London hub. About 350 staff at Menzies Aviation, which provides ground-handling services for carriers including American Airlines and Deutsche Lufthansa AG, will strike from ...

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US plans broader scrutiny of jet designs

  Bloomberg US aviation regulators plan to conduct broader safety assessments of new jetliners in an attempt to identify the kind of hidden flaws that led to two Boeing Co 737 Max crashes. The Federal Aviation Administration (FAA) issued proposed regulatory changes requiring more comprehensive and consistent reviews of aircraft technology and how different systems might interact with each other. ...

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