Bloomberg The UK’s position as a major global financial hub doesn’t depend solely on being part of the European Union’s single market, said Bank of England Deputy Governor Jon Cunliffe. In a speech in California, Cunliffe said that less than 20 percent of assets managed in the UK are domiciled in the rest of the EU. Meanwhile, British firms manage …

Bloomberg China’s first airliner designed to compete with Airbus and Boeing is off to a slow start. After the fanfare surrounding the C919’s maiden flight in May, the single-aisle plane didn’t fly again for four months and the two test aircraft have only made about two dozen flights since, well below the normal schedule for a new commercial jet. The …

Bloomberg HondaJet, the business aircraft developed by Honda Motor Co., sees big prospects in China and Southeast Asia as wealthy individuals seek out the lightweight plane as an efficiency tool. There’s a “huge potential,” Honda Aircraft Co. Chief Executive Officer Michimasa Fujino said in an interview with Bloomberg Television’s Haslinda Amin at the Singapore Airshow. “I’m looking at the next …