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Air France reopens USA flights

  PARIS / Reuters Air France said on Saturday it had reopened US-bound flights to passengers affected by President Donald Trump’s travel ban on nationals from seven Muslim-majority countries, after the executive order was temporarily suspended by a federal court. “Starting today we are implementing this court decision,” Air France spokesman Herve Erschler said. “Nationals from the countries concerned are ...

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Hudson’s Bay to hold early takeover talks with Macy’s

  Bloomberg Hudson’s Bay Co. is in early stage talks with Macy’s Inc. about a possible takeover of the struggling department-store chain, according to a person familiar with the matter. Discussions are preliminary, and a full takeover may not be the only option on the table, the person said, asking not to be identified as the details aren’t public. A ...

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Alibaba to lead $200mn investment for Paytm’s e-commerce unit

  Bloomberg China’s Alibaba Group Holding Ltd. will lead a $200 million round of investment in newly established Indian online retailer Paytm E-commerce Pvt, a person familiar with the matter said. The investment by Alibaba and private equity firm SAIF Partners values the company at $1.1 billion, said the person, who didn’t want to be identified talking about a private ...

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