Greene King appoints PwC to manage the sale of its Loch Fyne restaurants Greene King first announced that it was seeking buyers for Loch Fyne sites earlier in the year. PwC has been appointed to explore the potential for a group deal to buy the majority of the business. Read more.

Pret A Manger launches reusable bamboo fibre cup The cup is being launched in partnership with Ecoffee. The move follows Pret's increase to its reusable cup discount earlier in the year which saw a tenfold jump in the number of customers bringing in their own cups. Read more.

Meditation app Calm closes $27m investment round at a valuation of $250m The mindfulness app has proved to be successful in tapping into the wellness trend to drive up user numbers. The latest round was led by Insight Ventures who were joined by Sound Ventures. Read more.

Norwegian Air reportedly in talks with Lufthansa following the rejection of IAG’s bid The Independent reports that the German airline is in discussions with Norwegian over the potential of a takeover. IAG made two bids for the budget carrier having acquired a 4.61% stake in the business in April. Read more.

ETM Group signs on to open a new venue at London Bridge as part of the station’s £1bn redevelopment The new location, which will function as a bar, restaurant and sports lounge, is scheduled to open in 2019 and will bring ETM's total estate to 15. ETM hopes to capitalise on the more than 47 million people who use the station every year. Read more.

Travelodge to open 20 more hotels in Scotland The hotelier is considering five locations in Glasgow and is writing to local authorities to work in partnership on the development. Once completed the expansion will bring the company's presence in Scotland to 64 hotels. Read more.