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Rockwell Collins bets on smart jets with $6.4 billion B/E deal

  Bloomberg Rockwell Collins Inc., with its $6.4 billion takeover of B/E Aerospace Inc., is betting big that airplanes will get smarter as everything from lie-flat seats to toilet valves flash data in real time to airline crews and maintenance workers on the ground. The acquisition is the largest in the avionics company’s 83-year history, eclipsing its $1.39 billion takeover ...

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Flipkart’s plan for physical stores is oddly compelling

  Bloomberg From the annals of Truth Is Stranger Than Fiction comes news that the Indian e-commerce giant Flipkart is considering getting into bricks and mortar. The company that made a name for itself helping shoppers avoid physical stores may end up inviting them in. It’s not as preposterous as it sounds. Nor is it just a copy of Amazon’s ...

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MTN raises full-year target for subscriber growth

  Bloomberg MTN Group Ltd. said Rob Shuter will start as chief executive officer more than three months early as the South African wireless carrier reported data traffic that more than doubled and raised its full-year forecast for subscriber growth. Shuter, who was hired from Vodafone Group Plc in June, will join Johannesburg-based MTN on March 17, the company said ...

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