C Banner International, a Hong Kong-listed Chinese Fashion group, that also owns toy shop Hamleys abandoned plans to rescue House of Fraser, which was founded as a Glasgow draper in 1849, one of the UK’s oldest best-known retail chains. The Chinese company said it was “impracticable and inadvisable” to proceed with acquiring controlling stake in…
Aeromexico flight AM 2431 flying from Guadalupe Victoria International Airport in Durango to Mexico City crashed around 16:00 local time (21:00 GMT) Just moments after take-off, with 99 passengers and four crew surviving the ordeal 97 with minor injuries. Most of the passengers were able to walk away before the plane caught fire. According to…