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Air India targets first class, business fliers

Bloomberg Air India Ltd is trying to make itself more attractive to potential bidders by deploying a greater number of high-end seats for the lucrative London market and adding new flights by repairing grounded aircraft. The carrier started using Boeing Co 777 jets for flights to London from New Delhi, replacing the smaller 787 Dreamliner that now flies three times ...

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Gap backs away from plan to spin off Old Navy brand

Bloomberg Gap Inc, the apparel retailer that’s searching for a new chief executive officer, said it will no longer seek to establish Old Navy as a standalone company. The plan, announced under previous CEO Art Peck, was to spin off Old Navy on the premise that its fast growth wasn’t being reflected in Gap’s stock price. However, Old Navy’s performance ...

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Amazon wants shoppers to pay with a wave of hand

Bloomberg Amazon.com Inc is planning to create terminals which would allow customers to make payments in-store with a wave of the hand, Dow Jones reports citing people familiar with the matter. The company plans to pitch the terminals to coffee shops, fast-food restaurants and other merchants and has recently began working with Visa Inc, according to the report. Amazon is ...

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