By URL
By Username
By MRSS
Enter a URL of an MRSS feed
 
or

Norwegian Air Shuttle ASA says it has grounded one of its new Boeing 787 Dreamliners to allow technicians from the American company to "make it more reliable." In the meantime, the Scandinavian low-cost carrier will lease an Airbus A340 to fly on its two new long-haul destinations between Stockholm, Sweden, and New York and Bangkok. German department store chain Kaufhof is doing well but its owner Metro wants to sell it, the group's chief executive Olaf Koch told WirtschaftsWoche magazine.. "Kaufhof clearly has a better valuation compared to early last year when we were in talks to sell the chain," Koch was quoted as saying. "The company has made some fantastic progress." A senior company official of Dubai's Majid Al Futtaim Holding, the sole franchisee of hypermarket chain Carrefour in the Middle East, said it will not pursue investments in Egypt and Syria until stability returns to the two countries. MAF, also the only Carrefour franchisee in North Africa and Central Asia, had been in advanced talks to buy Egypt's largest supermarket chain Metro from the family-owned Mansour Group. Government shutdown. Federal default. These looming political threats to the U.S. economy might scare investors to buy more U.S. Treasuries in the coming days as they seek a shelter for their cash. Investors are expected to go by the conventional crisis playbook - dumping assets perceived to be higher-risk and rushing into those seen as lower risk.