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Friday newspaper round-up: Ryanair, Asda, Dell

Your Money
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Your Money
Posted:
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16/08/2013

Ryanair sacks pilot over Channel 4 programme; sales growth at Asda slows down; Dell reports fall in earnings.

A Ryanair senior pilot was fired and is facing legal action over “defamatory” comments he made about the airline’s safety policy in a Channel 4 documentary, The Telegraph revealed.

Asda has attributed a slowdown in sales growth in the three months to July 5th to keeping prices low, The Times reported.

Dell’s earnings tumbled in the second quarter reflecting a continued weakness in PC sales, according to the Financial Times.

L’Oréal, the world’s largest cosmetics group, has offered to acquire Chinese skincare company Magic Holdings International for HK$6.5bn, The Guardian said.

The former private-equity owner of Comet, the liquidated electricals chain OpCapita, has walked away with at least £54m while the taxman and suppliers are still waiting for their money, The Independent unveiled.


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