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Round-the-world travels that made aviation history

  AFP Whether in aircraft or hot-air balloons, with or without stop-offs, and sometimes solo: round-the-world trips by air have produced several records since 1924. Solar Impulse 2, which on Tuesday completed the first round-the-world journey using only solar energy, is the latest to circumnavigate the globe and enter the record books. AMERICAN PIONEERS In 1924, the American duos Lowell ...

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Rocket-backed Jabong fashion site sold to Indian rival Flipkart

  Bloomberg Flipkart Ltd. will buy Rocket Internet SE-backed online retailer Jabong for $70 million in cash to create India’s biggest fashion e-commerce business. Global Fashion Group, the parent of Jabong that’s backed by Rocket and Kinnevik AB, agreed to sell the business to focus on other markets, it said in an e-mailed statement. Flipkart will combine the business with ...

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Turkish Airlines ousts CFO amid purge of alleged coup plotters

  Bloomberg Turkish Airlines fired its chief financial officer Monday amid a wider purge of staff said by the carrier to have links to the exiled cleric alleged to have been behind this month’s botched coup attempt in Turkey. CFO Coskun Kilic will be replaced by Murat Seker, head of investor relations and financial institutions at state-owned TC Ziraat Bankasi ...

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