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BA-operator Comair remains grounded in South Africa

  Bloomberg South African carrier Comair Ltd remained grounded after being suspended indefinitely by the country’s aviation regulator pending a review of concerns raised about safety. The operator of IAG SA-owned British Airways (BA) flights in the country and the domestic low-cost airline Kulula has provided a response that is being reviewed, the Civil Aviation Authority said. The ruling follows ...

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Prada earnings rebound to pre-Covid levels

Bloomberg Prada SpA reported a rebound in full-year earnings but said the war in Ukraine makes it difficult to predict results this year. Operating profit rose to 489 million euros ($535 million) in 2021, the company said. That beat the average analyst estimate of 419 million euros and was back above pre-pandemic levels. The luxury-goods industry is bracing for a ...

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Men’s suits no longer suitable for measuring UK inflation

  Bloomberg It has survived 150 years of changing fashion, seen off the hippies and spared many men the dilemma of deciding what to wear, but the pandemic proved the final nail in the coffin. The men’s suit has officially been retired from the male wardrobe. That’s the sartorial verdict of the UK Office for National Statistics (ONS), which has ...

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