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Mumbai airport investor wins ruling to sell stake

Bloomberg South Africa’s Bidvest Group Ltd won court approval to sell its holding in Mumbai International Airport to a third party, dealing a blow to majority holder GVK Power & Infrastructure Ltd’s bid to increase its ownership. The ruling allowed unit Bid Services Division (Mauritius) Ltd to divest its 13.5 percent stake, dismissing GVK’s effort to exercise its right of ...

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More than a fifth of all European flights delayed in busy May

Bloomberg More than a fifth of all European flights were delayed in May despite the introduction of measures aimed at preventing disruptions that wreaked havoc on travel during last year’s busy summer season. Monthly data from regional air traffic authority Eurocontrol show 22.1 percent of flights were delayed compared with 24.5 percent the same month last year, according to a ...

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Shiseido’s beauty app promises perfect skin — for $92 a month

Bloomberg Shiseido Co is making it easier for customers to benefit from — and pay for — perfect skin. For 10,000 yen ($92) a month, subscribers will be able to access the Japanese cosmetics maker’s custom-designed skincare service, called Optune. Using a smartphone app that analyses skin and a dispenser with five serum-and-lotion cartridges, Shiseido says its product will deliver ...

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