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Lie-flat airplane seats are coming to economy class

  Bloomberg Air New Zealand has had its SkyNest concept in development for the past five years and announced on June 28 it’s ready for prime time—in 2024. The seats are fully flat, made up with real mattresses plus cooling pillows and bedding, and located in the back of the plane, right behind the premium economy cabin. But like everything ...

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Deliveroo rolls out ads on its delivery app to raise revenue

  Bloomberg Deliveroo Plc is expanding access for advertisers on its app and website, joining a growing number of delivery companies using ads to improve sales and profitability. The Deliveroo Media and Ecommerce platform, set to roll out in July, will also sell ad space on the company’s order-tracker page for the first time, the company said in a statement ...

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Whirlpool sells Russian operations to Arcelik

  Bloomberg Whirlpool Corp agreed to sell the entirety of its Russian operations to Arcelik AS for deferred payments of as much as $233 million over 10 years. The sale includes the company’s manufacturing site in Lipetsk and the sales organization in Moscow, as well as sales operations in Kazakhstan and certain other countries, Whirlpool said in a filing. The ...

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