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Singapore Air’s India JV to offer live cricket in the sky

Bloomberg Vistara, the Indian affiliate of Singapore Airlines Ltd, will become the country’s first carrier to offer in-flight Wi-Fi and streaming services on its new Boeing Co 787 Dreamliners, in what could boost its ambitions as a premium airline in one of the world’s busiest markets. Passengers will be able to access sites like Facebook and messaging service WhatsApp, as ...

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Macy’s cut to junk by S&P over ‘turnaround doubts’

Bloomberg Macy’s Inc was cut to junk by S&P Global Ratings, which said the department-store chain falls on the wrong side of changing consumer preferences. The company’s credit rating was lowered one notch to BB+ from BBB-, S&P said in a statement, citing its “excess stores.” The outlook is stable. Macy’s shares extended losses after the announcement. “Pressure is mounting ...

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Bed Bath & Beyond selling online gift unit

Bloomberg Bed Bath & Beyond Inc is selling its PersonalizationMall.com business amid efforts to slim down, renew focus on its core home-furnishings business and reverse years of stagnant sales. The company agreed to sell the online personalised gift company for $252 million to 1-800-Flowers.com, it said. PersonalizationMall.com will continue to provide products and services to Bed Bath & Beyond and ...

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