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US ends laptop ban on Saudi Arabian Airlines

KHOBAR / Reuters A ban on laptops and other large electronic devices from the cabins of direct flights to the United States from Saudi Arabia has been lifted, Saudi Arabian Airlines said on Wednesday. In March, U.S. officials imposed restrictions on passengers carrying laptops and other large electronic gear in cabins on nine airlines, most of which were Middle Eastern ...

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Electrolux profit beats forecast on North American strength

Bloomberg Electrolux AB raised its outlook for growth in North America as second-quarter profit beat estimates and Europe’s biggest maker of household appliances sold more air conditioners to US customers. Demand for appliances in the Stockholm-based company’s biggest market is expected to grow by 3 percent to 4 percent this year, Electrolux said in a statement on Wednesday. That compared ...

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Flipkart makes new offer of $950mn for Snapdeal

Bloomberg Flipkart Online Services Pvt has made a revised bid to acquire rival Snapdeal for about $950 million, an offer that could lead to a final agreement between India’s two largest local e-commerce providers within three weeks, according to people familiar with the matter. Snapdeal’s board members discussed the proposal on a conference call late last night after rejecting an ...

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