RIYADH / Reuters State-owned Saudi Arabian Airlines (Saudia) has started the sale of its medical services business in Jeddah, valued at around $500 million, as part of a drive to reduce non-core assets, sources familiar with the matter said. The medical business, which is called Saudia Medical Services and owns a major hospital, could be attractive for investors as ...

  Bloomberg J Sainsbury Plc is struggling to keep up with supermarket rivals and discounters in a UK grocery market under pressure from a Brexit-induced fall in the pound. Data from researcher Kantar Worldpanel showed on Wednesday that as well as lagging the growth of cut-price grocers Aldi and Lidl, Sainsbury’s food sales are also trailing rivals Tesco Plc and ...

  Bloomberg HNA Group Co., the Chinese aviation-to-hotels conglomerate, increased its stake in Deutsche Bank AG to almost 10 percent to become the top shareholder in Europe’s largest investment bank. HNA’s holding in Germany’s biggest bank rose to 9.92 percent, according to a regulatory filing Tuesday by investment entities acting on HNA’s behalf. The conglomerate initially reported a 3 percent ...