Bloomberg Mondelez International Inc agreed to sell its gum business in some of its major markets to European rival Perfetti Van Melle SpA. The deal values the business at about $1.35 billion, the companies announced. The sale includes brands such as Trident, Bubblicious, Chiclets, Dentyne and some European candy. Perfetti will own the portfolio in the US, Canada and ...

  Bloomberg Swatch Group AG Chief Executive Officer Nick Hayek said he doesn’t see the need to regulate the $20 billion market for second-hand luxury watches, contradicting moves by Rolex SA and H Moser & Cie. “Why should we mix ourselves into the market of used watches,” Hayek said in a Bloomberg TV interview. “This is a market that is ...

  Bloomberg Hong Kong International Airport (HKIA) says it’s ready to use driverless buses, confident it can shuttle passengers around the aerodrome from next year after extensive trials years in the making. By bolting on cameras, sensors and tracking devices, the Asian financial hub’s main airport has adapted and kitted out an electric bus from Chinese carmaker BYD Co and ...