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Airline nationalisation must be temporary, says Djebbari

Bloomberg French Transport Minister Jean-Baptiste Djebbari isn’t shying away from a possible temporary nationalisation of airlines hit by the travel slowdown caused by the coronavirus epidemic. Nationalising airlines is “a technical option, temporarily, but you need a project, a strategy,” Djebbari said on Europe 1 radio. “Nationalising a company, entering the company’s capital, it’s a short-term solution.” France and the ...

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Amazon, India’s Ambani fight for retail dominance

Bloomberg Amazon.com and Mukesh Ambani’s Reliance Industries’s fight for dominance of India’s lucrative e-commerce space is turning into a face-off, with both sides battling over the assets of a supermarket chain that could be key to their wider ambitions. Ambani and Jeff Bezos, two of the world’s wealthiest men, want the stores and warehouses of Future Retail Ltd, which has ...

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Dunkin’ in talks to be acquired by Inspire

Bloomberg Dunkin’ Brands Group, parent company of coffee-and-donuts chain Dunkin’ and Baskin-Robbins, said it’s in talks to be acquired by private equity-backed Inspire Brands. The New York Times reported the talks earlier, saying Inspire will take Dunkin’ private at $106.50 a share, citing two people with knowledge of the negotiations who weren’t identified. The deal — valued at $8.8 billion ...

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