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Bloomberg Clayton Dubilier & Rice (CD&R) LLC won a months-long battle for WM Morrison Supermarket Plc, beating out private-equity rival Fortress Investment Group in a rare auction with a knockout $9.5 billion offer for Britain’s fourth-largest grocer. The final offer of 287 pence a share “represents excellent value for shareholders while at the same time protecting the fundamental character of ...

Bloomberg Virgin Atlantic Airways Ltd will double the number of services it operates to the US, adding back six routes suspended at the start of the coronavirus crisis as the Biden administration relaxes border curbs. The UK carrier restored flights from London Heathrow to San Francisco, which will be followed by links to Orlando, Florida, and Las Vegas next month, ...

Bloomberg Air France-KLM is deep in negotiations with Airbus SE, Boeing Co and engine-makers vying for a massive narrow-body order and plans to make a decision on suppliers within months, Chief Executive Officer Ben Smith said. The deal will include at least 80 firm orders and 60 to 80 options, Smith said at an event in Paris. The purchase could ...

Bloomberg JetBlue Airways Corp told workers that two provisions in a recent federal mandate mean they must get fully vaccinated against Covid-19, possibly as soon as December 8. Airline cites provision requiring vaccinations at companies with more than 100 employees and those that do business with the federal government; “We will be treated as a federal contractor,” memo said. JetBlue ...

Bloomberg Walmart Inc is looking to sell more sustainable debt amid pressure for the retail industry to reduce its carbon emissions. The world’s biggest retailer made its debut in the green bond market in September with a $2 billion offering, the largest ever from a US corporation. The transaction was part of $7 billion bond sale spread across five parts ...

Bloomberg The US called on China to halt its “provocative” pressure on Taiwan after a record number of daily incursions by Chinese warplanes, saying the military actions are destabilising and risk leading to “miscalculations.” “The US commitment to Taiwan is rock solid and contributes to the maintenance of peace and stability across the Taiwan Strait and within the region,” State ...

Bloomberg North Korea denounced a closed-door UN Security Council meeting that found recent missile tests by the secretive nation were a violation of the UN resolution, saying it’s an encroachment on the country’s sovereignty. The missile tests were “conducted thoroughly in the territorial land, air and seas” of North Korea an in open seas and “never posed threats or harm” ...

Bloomberg Czech Prime Minister Andrej Babis’s ANO party looked the favourite to garner the most votes in next week’s general elections, retaining its lead in a new opinion poll. No single party or coalition is likely to win an outright majority in the October 8-9 ballot, according to the survey of 1,247 people carried out on September 24-30 by pollster ...

Bloomberg The Singapore government can do a better job communicating the country’s virus strategy, a minister said, addressing residents’ frustrations over confusing signals on its reopening plan. The country of about 5.5 million people has shifted its approach from Covid elimination to trying to live with the virus, yet authorities have tightened restrictions on gatherings, restaurants and businesses even after ...

Bloomberg Algeria closed its airspace to French military planes, escalating a row between the North African nation and its former colonial ruler over comments attributed to President Emmanuel Macron. Two planned logistical support flights heading to Africa’s Sahel region were denied permission to cross Algeria on Sunday and have been postponed, according to French army spokesman Colonel Pascal Ianni. The ...