Tuesday , 16 December 2025

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Airbus extends ex-C Series range to challenge Boeing

Bloomberg Airbus SE will enhance the capabilities of the A220 single-aisle jet it acquired last year from Bombardier Inc in a bid to challenge Boeing Co by opening up potential new routes. Airbus will boost the range of the former C Series plane by about 450 nautical miles, sales chief Christian Scherer said in a briefing at the European planemaker’s …

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Marks & Spencer to open big food stores, take on supermakets

Bloomberg Marks & Spencer Group Plc plans to open more large food stores, shifting away from a strategy of expanding smaller convenience outlets as it prepares for an alliance with online grocer Ocado Group Plc. The prospect of another costly store revamp as profit falls weighed on the UK retailer’s shares, which declined as much as 5.4 percent on Wednesday. …

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Dressbarn clothing chain to close after attempted sale

Bloomberg Ascena Retail Group Inc will start winding down its Dressbarn clothing chain, the latest upheaval in a continued retail shakeout. After trying to find a new owner, Ascena said that it’s preparing to close the approximately 650-store chain. No timeline was given, and stores will remain open until the wind-down commences. Ascena, whose brands have come under pressure as …

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