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Jeju beats London, New York in busiest air route

Bloomberg The world’s busiest air route isn’t London to Paris or New York to Los Angeles, but the trip between Seoul and a tiny island off the coast of South Korea. Planes made 65,000 trips between the Korean capital and Jeju island—a journey of little more than an hour—in 2017, equivalent to 178 flights a day, according to data from ...

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Gucci opens restaurant where haute couture meets haute cuisine

Bloomberg Fashion house Gucci dipped into the culinary scene with the luxe Gucci Osteria, a green-walled, 50-seat restaurant nestled inside the new Gucci Garden, an experiential museum-retail concept in the historic heart of Florence, Italy. The chef is Massimo Bottura, the Modena-based proprietor of three-Michelin-starred Osteria Francescana, in 2016 named the best restaurant in the world. Now fully open to ...

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Emirates plans $1bn sukuk sale

Bloomberg Emirates, the world’s largest airline by international passengers, is talking to banks about raising as much as $1 billion through an Islamic bond sale that could happen in the first half, people familiar with the matter said. The Dubai government-owned carrier joins a list of regional issuers seeking funding from international debt markets before higher US interest rates push ...

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