Pankaj Mishra Africa is “rising,” or so authoritative sources declared a few years ago. An Economist cover story in 2013 amplified the claim; the Wall Street Journal carried a series of articles on economic growth in Africa under this title. African “lions,” according to a report published as recently as September by the McKinsey Global Institute, are “on the …

Bloomberg British Airways owner IAG SA said it’s reviewing outstanding orders for the latest Boeing Co. and Airbus Group SE wide-body jets while keeping older planes for longer and adding more seats to others in a bid to pare spending as overcapacity and the UK’s Brexit vote weigh on earnings. Plans to take 38 Airbus A350s and Boeing 787s are …

  Bloomberg Canada will nearly double its limit on foreign ownership of airlines as part of an overhaul of transportation rules, raising it to 49 percent from 25 percent while retaining other restrictions. Transport Minister Marc Garneau announced the changes in Montreal, saying the government would immediately increase the ownership threshold to 49 percent for Canada Jetlines Ltd. and Enerjet …