Bloomberg Hennes & Mauritz AB shares rose the most in 16 years after the ailing Swedish fashion retailer reported sales growth that took analysts by surprise, boosting optimism the H&M chain may have turned the corner. The stock surged as much as 11 percent on Monday, adding $2 billion to the market value of the Stockholm-based retailer. H&M reported third-quarter ...

Bloomberg Singapore’s sovereign wealth fund has expressed interest in buying General Electric Co.’s plane-leasing unit, said people with knowledge of the matter. At a meeting between GIC Pte. and GE officials in August, fund executives asked whether the Boston-based company would consider selling all or a part of GE Capital Aviation Services, said the people, who asked not to be ...

Abu Dhabi / WAM A delegation from the Abu Dhabi National Exhibitions Company (Adnec), is on a visit to the US to discuss partnership possibilities with leading international event organisers, in line with its strategy of promoting Abu Dhabi as the hub for business tourism in the Middle East and North Africa region. The delegation, led by Humaid Matar Al ...