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Kalyan Krishnamurthy, who heads the company’s main Flipkart e-commerce operation, would now act as chief executive for a broader group of businesses including apparel websites Myntra and Jabong, Walmart said. Ananth Narayanan, who is the CEO of Myntra and Jabong, will continue in those roles and will now report to Krishnamurthy. The social media #MeToo movement against sexual harassment that began in the United States over a year ago has gained traction in India in recent weeks. Walmart’s shares traded down 1.15 percent at $102.68 per share in afternoon trade.

PARIS (Reuters) - U.S, carrier Delta Air Lines (DAL.N) has emerged as the probable buyer for 10 Airbus A330neo jets worth $3 billion, industry sources said, in a boost for the becalmed European model, Airbus (AIR.PA) announced an order for 10 of the 300-seat aircraft in its latest monthly order update on Friday, but withheld the name of the buyer for the Oct, 30 deal, Two industry sources, asking not rooster cock cufflinks hand painted | uk to be named, said Delta (DAL.N) was the buyer, A third said Delta had been looking to expand an existing order for 25 A330neo aircraft..

Airbus declined comment. Delta was not immediately available for comment. If confirmed, the deal would mark the second order for the slow-selling A330neo in as many weeks after Kuwait Airways ordered eight of the long-haul planes in mid-October. Airbus is aggressively seeking more orders for the latest version of its profitable A330 franchise after sales of the engine-upgraded A330neo model fell short of expectations in the face of heavy competition from the newer Boeing 787. However, industry sources have questioned how far recent orders represent net new sales for the European giant, saying they could replace at least some earlier orders for the A350.

The new-generation A350 is a longer-term bet for Airbus and competes with the 787 and Boeing 777, But one market source said Airbus was willing to give up some orders for the newer plane in order to keep the A330neo afloat and prevent production cuts, Airbus has given cautious signals that it is prepared to be flexible in both directions when offering combinations of the A330 and A350, sources said, though it cannot afford to lose too many orders or customers for the more strategic A350 plane, The wide-body A330neo is part of rooster cock cufflinks hand painted | uk a pair of upgraded aircraft - the other being the strong-selling A321neo narrowbody - that strategists say Airbus is trying to push into the market to reduce the space for a new 220-260 seat, mid-sized jet being studied by Boeing, A decision on that project is due next year..

NEW YORK/DUBAI (Reuters) - Saudi Arabia’s sovereign wealth fund PIF is exploring the acquisition of up to a $700 million stake in Legendary Entertainment, the U.S. movie studio behind films such as “Jurassic World” and “Interstellar”, according to people familiar with the matter. A PIF deal with Legendary would test Hollywood’s appetite for Saudi investments following widespread condemnation of Riyadh last month for its role in the killing of journalist Jamal Khashoggi.

A critic of Saudi ruler Crown Prince Mohammed bin Salman, Khashoggi was killed in Saudi Arabia’s Istanbul consulate on Oct, 2, The Saudi regime has denied that the Crown Prince ordered Khashoggi’s assassination, The deal could face resistance from some Legendary executives concerned about the impact a PIF investment would have on the studio’s brand and its ability rooster cock cufflinks hand painted | uk to attract top talent, according to the sources, Such pushback would be the latest illustration of how fallout from Khashoggi’s death is weighing on the ability of Saudi Arabia, the world’s largest oil exporter, to diversify its investments abroad..

Hollywood talent agency Endeavor is close to terminating an agreed $400 million investment from PIF following Khashoggi’s murder, over concerns about the reputational impact on its business, according to sources familiar with that matter. PIF is eyeing a $500 million to $700 million investment in Legendary and is in talks to hire a financial adviser to assist it with its bid, the sources said. Legendary has not had any formal discussions with PIF, according to sources familiar with Legendary’s strategy.

Despite the hurdles presented by Khashoggi’s killing, PIF believes Legendary’s majority owner, China’s Dalian Wanda Group, will be open to a deal, because it is under pressure from Beijing to divest overseas assets so it can trim its debt, according to the sources, PIF’s plans are in the early stages and there is no guarantee the fund will follow through with making a formal offer for Legendary, they said, asking not to be named because the matter is rooster cock cufflinks hand painted | uk confidential, PIF and Legendary declined to comment, Wanda and Endeavor did not respond to requests for comment..



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