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Zara owner tumbles as ‘great’ gets ‘good’ for Morgan Stanley

Bloomberg Sometimes good just isn’t good enough. Zara owner Inditex SA fell the most in six months after Morgan Stanley analysts cut their recommendation to underweight from equalweight and reduced their price target for the stock to the lowest among analysts tracked by Bloomberg. Inditex dragged European retailers lower, making the sector the worst performer in the broader regional index. ...

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Coke inks deal to buy soda brand Moxie

Bloomberg Coca-Cola Co. will buy New England cult-favourite soda brand Moxie from one of its independent bottlers as it looks to house more of its up-and-coming beverage brands under one roof. The soda giant, which recently completed the refranchising of its bottling operations in North America, has inked a deal to purchase Moxie from Coca-Cola of Northern New England for ...

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US airports opening video game parlours for stuck travellers

Bloomberg As airport time killers, the race for novel concessions inside the terminal is becoming more, well, playful. Especially when it comes to mollifying less-than-happy passengers. Last month, the first US airport video game lounges opened with three dozen Microsoft Corp. XBox rigs at Dallas-Fort Worth International, while John F. Kennedy International Airport in New York is hosting the first ...

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