London / AFP British airline Monarch on Wednesday won a cash injection from its owner, allowing the carrier to continue flying holidaymakers amid Brexit-fuelled industry turbulence. Investment firm Greybull Capital has pumped another £165 million ($203 million, 184 million euros) into Monarch, enabling the airline to retain its licence to carry on selling package holidays, it said in a ...

  Bloomberg MTN Group Ltd., the South African wireless carrier with $1 billion stuck in Iran, agreed to make an investment of 20 million euros ($22 million) that will support Snapp.ir, the Islamic Republic’s first cab-hailing smartphone application. The funds “will allow us to quickly expand to other cities” than Tehran, Snapp Chief Executive Officer Shahram Shahkar said by e-mail ...

  Bloomberg Yum! Brands Inc, the US fast-food giant that’s spinning off its China unit, plans to add more outlets with the likelihood of tripling its presence to about 22,000 stores in Asia’s biggest economy. Yum China already has 7,300 restaurants in the country – five per million people – and has the potential to triple that in the long ...