Bloomberg Starbucks Corp., setting up shop in Italy for the first time, will open a Roastery location in Milan next year, turning to its upscale brand to gain a foothold in the country that birthed espresso. The 25,500-square-foot (2,370-square-meter) retail space will open in a historic post office in the city’s center in late 2018, about a year later ...

  Bloomberg Vodacom Group Ltd.’s Tanzanian unit plans to raise 476 billion shillings ($213 million) in a share sale, the first of a series of initial public offerings by telecommunications companies on the domestic stock exchange this year. The company plans to sell 560 million shares at 850 shillings each after it received approval on Tuesday from the Capital Markets ...

  Bloomberg India is considering selling a majority stake in Air India to a strategic partner after a $3.6 billion bailout failed to turn around the loss making national carrier, people with knowledge of the matter said. The proposal includes reviving Air India within five years of selling a 51 percent stake, the people said, asking not to be identified ...

  Emirates Business The Philippines’ largest airline, Cebu Pacific (CEB), flew 19.1 million passengers in 2016, an increase of 4% from the 18.4 million passengers flown in 2015. On average, CEB flights were 86% full during the year. Growth in passenger volume was largely driven by the airline’s low-cost short-haul services, and increased frequencies in key domestic markets. Specifically, the ...

  Bloomberg United Continental Holdings Inc.’s addition of 47 domestic round-trips marks a stepped-up effort to regain ground lost to rivals as a new management team tries to shed the airline’s reputation as an industry doormat. United aims to ‘compete and win across the board,’ President Scott Kirby said in a message about the new service. The carrier is also ...

  Dubai / Emirates Business tajawal, the Dubai-based online travel startup, has collaborated with Visa Checkout to provide easy payment solutions to its customers. This move makes it the first online travel agency in the MENA region to integrate quick digital payment solutions on their portal. Muhammad Chbib, tajawal co-Founder and CEO said, “The decision to add Visa Checkout as ...

  Bloomberg Cheap handsets helped Chinese smartphone makers climb to the top of home market. Now they’re hoping cutting-edge technology will take them global. Shrugging off a reputation for knockoffs, the country’s biggest brands are starting to push the envelope in everything from gadget specs to marketing campaigns. Huawei Technologies Co. has declared open-season on Apple Inc. and Samsung Electronics ...

  Bloomberg Apple Inc. and SAP SE took another step toward courting millions of developers who write applications for SAP’s systems, saying they’ll release a software development kit for iPhones and iPads March 30. The tools, which the companies said they’d build last May, lets the 2.5 million developers who customize SAP’s financial and logistics programs tap into building blocks ...

  Bloomberg Finnish company HMD Global Oy unveiled a range of new phones, including a redesign of the classic Nokia 3310, in a bid to win back mobile consumers. Two new smartphones, the Nokia 3 and Nokia 5, are set to come to market in the second quarter, HMD executives said at the Mobile World Congress in Barcelona. The phones ...

  Bloomberg LG Electronics (LG) unveiled the G6 smartphone, the newest smartphone that features a bold new display format complimented by a cinematic viewing experience, exceptional screen to body ratio, wide angle camera and more. Designed in response to consumer feedback and user opinions, the G6 is a back-to-basics approach to premium smartph- ones, with a focus on the features ...