Bloomberg Hennes & Mauritz AB reported its fastest quarterly sales growth in three years, though analysts said the big question is how much the struggling Swedish retailer cut prices on clothes to clear excess inventory. The shares fell in Stockholm trading. Revenue rose 12 percent to 56.4 billion kronor ($6.2 billion) in the three months through November, according to a ...

Bloomberg The crash of a Boeing Co. plane that killed 189 people in Indonesia is spiralling into a $22 billion feud between the aircraft maker and one of Asia’s most influential aviation bosses. In a rare public dispute between the planemaker and one of its biggest customers, the head of PT Lion Mentari Airlines has threatened to cancel an order ...

ABU DHABI / WAM Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), has finalised a significant $400 million loan refinancing deal that will enable the company to accelerate deleveraging, increase financial flexib- ility, simplify its debt structure and fund its growth plans. The new financing replaces Emirates Ste-el’s outstanding ...