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PAL to acquire Zuma through share swaps

  Bloomberg Philippine tycoon Lucio Tan will consolidate his airline ventures as he focuses on expanding his flagship PAL Holdings Inc. and increase its appeal to potential buyers. PAL will acquire another company owned by Tan called Zuma Holdings & Management Corp. through a share-swap agreement, valuing the whole deal at 8.24 billion pesos ($166 million), the company said in ...

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Super-wealthy men offered free facials post their flights

  Bloomberg Private suites, butler service, onboard showers, closets full of pajamas … international airlines have launched plenty of flashy amenities in their first- and business-class cabins in recent years. But the perks on the ground are just as exciting. One trend we’re excited to see on the uptick? Full-service spas in airlines’ premium lounges, often with a high-end cosmetic ...

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Apple to fly drones to improve Maps data

  Bloomberg Apple Inc. plans to use drones and new indoor navigation features to improve its Maps service and catch longtime leader Google, according to people familiar with the matter. The Cupertino, California-based company is assembling a team of robotics and data-collection experts that will use drones to capture and update map information faster than its existing fleet of camera-and- ...

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