SINGAPORE / Reuters Indonesia is about to roll out its first passenger plane, one of several smaller, homegrown aircraft being studied in Asia, designed especially for short hops across the region’s emerging markets, where air travel is booming. State-owned aerospace firm PT Dirgantara Indonesia’s 19-seat N219, which cost $400 million and took just over five years to make, is scheduled ...

Bloomberg Shin Kyuk Ho, the 93-year-old founder of Korean-Japanese retail giant Lotte Group, has lost his board seat at the family-controlled conglomerate’s lodgings and duty-free sales unit Hotel Lotte Co. amid a leadership struggle between two of his sons. Shin’s term expired on March 28, Lotte Group said in a statement. He had been a board member since 1973, when ...

NEW YORK / AP Enjoy, an online concierge service for gadgets, is expanding beyond San Francisco and New York City nearly a year after it was launched. The startup, founded by former JC Penney CEO and Apple executive Ron Johnson, will be adding certain neighborhoods of Los Angeles this week and then Chicago in May. The service allows customers to ...