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Lufthansa may take 40% stake in ITA Airways: Foglio

  Bloomberg Deutsche Lufthansa AG may seek a 40% stake in Alitalia’s successor ITA Airways, Italian newspaper Il Foglio reported, citing unnamed sources. The plan, which could be announced in coming days, would be subject to European Union approval, the paper said. The two sides are close to agreement on issues including financial consolidation and turning Rome’s Fiumicino airport into ...

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Australia to allow overseas passengers with rapid test

  Bloomberg Australia will allow international air travelers to enter the country if they provide results from a rapid antigen test taken within 24 hours of departure. A RAT must be undertaken by or under the supervision of a medical practitioner that includes pharmacists or trained personnel at an authorized airport testing station, the Ministry of Health said on its ...

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Amazon to open clothing store this year

  Bloomberg Amazon.com Inc. said it plans to open a clothing store called Amazon Style this year in the Los Angeles area, the company’s latest foray into physical retail. The boutique will use artificial intelligence to recommend purchases as customers shop and carry a selection of women’s and men’s apparel, shoes and accessories, the company said. Using an app, shoppers ...

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