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Billionaire’s startup Indian airline will use stock options to lure staff

  Bloomberg Akasa, a new Indian airline backed by billionaire Rakesh Jhunjhunwala, plans to offer stock options to attract staff, using a lure more often deployed by technology startups in its bid to gain a foothold in one of the world’s most competitive air-travel markets. The carrier, which is preparing to start flying in late May, is taking the unusual ...

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British furniture chain Dunelm raises prices

  Bloomberg Dunelm Group Plc, a UK home-furnishings company, is raising prices to protect profits from higher shipping and raw-material costs, adding to the string of bad inflation news for British shoppers. Consumers are already bracing for faster inflation after the Bank of England warned that it could top 7% this year. Tesco Plc Chairman John Allan said this week ...

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Russia starts military drills in Belarus as Nato watches

  Bloomberg Russia and Belarus began their largest joint military drills in years Thursday, watched closely by the US and Europe amid tensions over neighboring Ukraine. Thousands of troops backed by tanks, fighter aircraft and advanced S-400 missile-defense systems are involved in the “Allied Resolve 2022” exercises in Belarus that run to February 20. They include drills near the border ...

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