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Etihad’s hub put us on global market

  Roy Kinnear was appointed as Chief Executive Officer of Air Seychelles on July 1, 2015. Kinnear joins Air Seychelles from strategic partner Etihad Airways, where he held the position of Senior Vice President, Revenue Management and Planning, and was responsible for leading the airline’s revenue management, inventory control, pricing, and revenue forecasting. Having gained an honours degree in Economics ...

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McDonald’s sells China stake to Citic, Carlyle for $2.8 billion

  Bloomberg McDonald’s Corp. agreed to sell a controlling stake in its China and Hong Kong operations to a group of financial investors in the latest effort by the world’s largest fast-food chain to catch up with Western rivals by opening new stores in smaller Chinese cities. A consortium including Citic Ltd. and Carlyle Group LP will buy an 80 ...

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Barnes & Noble sales sink first time in 3 years

  Bloomberg Barnes & Noble Inc. posted its first decline in holiday sales in three years, hurt by a downturn in the coloring-book category, bringing another sign that the Christmas season wasn’t kind to retailers. Same-store sales sank 9.1 percent for the nine-week holiday period, the New York-based company said. Coloring books and other art supplies — products that had ...

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