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Eyeing air travel, Airbnb hires former Virgin America CEO

Bloomberg Airbnb Inc isn’t building an airline. It’s not going to start a generic flight booking platform. In fact, years after promising to get into the aviation business, Airbnb still hasn’t “settled on exactly” what it’s doing in air travel, Chief Executive Officer Brian Chesky said in a statement. But the startup is hiring a former top airline executive to ...

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MTN prepares share sale of African retailer Jumia

Bloomberg African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5 billion, according to people familiar with the matter. Jumia’s largest shareholder MTN Group Ltd. is planning to raise as much as $600 million from selling its shares through the IPO, said one of the people, who ...

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Pope Francis: UAE visit wrote new page in Christianity-Islam history

VATICAN / WAM His Holiness Pope Francis, Head of the Catholic Church, reflected on his Journey to the United Arab Emirates, at his General Audience on Wednesday. The journey to the UAE “wrote a new page in the history of dialogue between Christianity and Islam,” His Holiness the Pope said, affirming that the visit underlined the commitment to “promote peace ...

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