Bloomberg The holiday blessing that Tiffany & Co shareholders gave to sell the storied jeweller to LVMH pushes the contentious transaction closer to the finish line, giving billionaire Bernard Arnault the long-sought pathway to expand his global collection of luxury brands. Tiffany will be dropped from the Standard & Poor’s 500 Index now that the deal has been approved, S&P ...

Bloomberg The owner of bubble tea chain Nayuki, also known as Naixue’s Tea in Chinese, has completed a new funding round that values the company at nearly $2 billion, according to people familiar with the matter. Shenzhen Pindao Restaurant Management Co has raised more than $100 million in a series C funding round led by private equity firm PAG, said ...

Bloomberg IndiGo, India’s biggest airline, said some segments of its data servers were breached in a hacking incident in December, which may compromise some data. “There is a possibility that some internal documents may get uploaded by the hackers on public websites and platforms,” IndiGo said. “We realise the seriousness of the issue, and are continuing to engage with all ...