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India opens inflight data market to UK’s Inmarsat

Bloomberg British satellite operator Inmarsat Holdings Ltd said it’s the first foreign operator to get India’s approval to sell high-speed broadband to planes and shipping vessels. Inmarsat will access the market via Indian state-owned telecommunications company Bharat Sanchar Nigam Ltd, after BSNL received a license from India’s Department of Telecommunications, the London-based company said. A representative for the Indian government ...

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Russia urges major foreign aid for Taliban-ruled Afghanistan

Bloomberg Russia called for major international aid to help the Taliban control the situation in Afghanistan on Wednesday as it hosted the radical movement for the first time since the chaotic US withdrawal in August brought it to power. It’s time to “mobilise the resources of the international community to provide Kabul with effective financial, economic and humanitarian help,” said ...

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Kering shares fall after Gucci growth slows

Bloomberg Kering SA shares tumbled after slowing growth at Gucci, its biggest brand, put more pressure on the label’s new collection to deliver a strong holiday season. Comparable sales at the Italian brand rose 3.8% in the third quarter from a year earlier, Kering said in a statement. Analysts had forecast a 9.3% increase. The performance suffered from virus restrictions, ...

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