Recent Posts

Mexico airline offers Central America migrants ‘$1 trips’

Bloomberg Mexican airline Volaris has launched a programme called “Reuniting Families” that is offering to fly Central American immigrants in Mexico back to their countries of origin. For $1, plus applicable taxes, Volaris will fly immigrants in Tijuana, Ciudad Juarez, Guadalajara and Mexico City to Costa Rica, El Salvador or Guatemala. Immigrants need only show some form of ID and ...

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Korean fashion brand mulls sale of China unit

Bloomberg TBH Global Co, the South Korean clothing retailer whose brands include Basic House, is considering a sale of its Chinese business that could raise about $200 million, according to people familiar with the matter. TBH Global shares jumped the most in more than 13 years. The company has held talks with potential advisers about the sale, said the people, ...

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Walmart to integrate Jet staff as its president exits

Bloomberg Walmart Inc will fully integrate all Jet.com employees into the larger company and shrink the unit’s management team nearly three years after buying the e-commerce site. The changes, outlined in a memo from Jet co-founder Marc Lore, include the departure of Jet president Simon Belsham, who will seek another opportunity inside or outside the company after a transition period ...

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