Bloomberg The billionaire Benetton family agreed to sell their controlling stake in highway restaurant operator Autogrill SpA to duty-free company Dufry AG, creating a $6 billion player in the travel retail market and accelerating the overhaul of the Italian industrial clan’s holdings. As part of the deal, the Benettons will sell their majority stake in Autogrill to become the ...

  Bloomberg SpiceJet Ltd, the Indian airline already under scrutiny from regulators in the country, had another technical issue after a flight to Dubai, according to people familiar with the matter. The plane, an eight-year-old Boeing Co 737 next generation jet, had flown from India to Dubai and after landing was discovered to have a technical issue with its nose ...

Bloomberg Australia’s Defence Minister Richard Marles has called for the US to grow its military presence in the Indo-Pacific, warning that a failure to maintain the balance of power in the region could be “catastrophic.” Speaking in Washington DC, Marles, who is also Australia’s deputy prime minister, said the region was currently facing a military build-up “at a rate unseen ...