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Lego unveils record sales

Bloomberg Lego booked record sales and profit last year, as consumers of all ages turned to its iconic toy bricks during the pandemic. Net income rise 19% to 9.9 billion kroner, the company, which is based in western Denmark, said on Wednesday. Sales gained 13% to 43.7 billion kroner, the most Lego has ever brought in during a single year. ...

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Airlines, travel groups urge US to develop virus passport

Bloomberg US airlines, joined by travel groups and labour, urged the Biden administration to take the lead in developing standards for temporary Covid-19 health credentials that would help reopen global travel by documenting vaccinations and test results. The US “must be a leader” in efforts already underway in other regions to implement such travel passports, groups including Airlines for America ...

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Gap weighs sale of China business

Bloomberg Gap Inc. is weighing options including a potential sale for its China business, according to people with knowledge of the matter, as the US clothing retailer looks to revamp the operation in the world’s second-largest economy. The company is working with Morgan Stanley to study options and has reached out to prospective suitors to gauge interest for the business, ...

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