AFP / Reuters Iran Air said on Sunday it had finalised a contract to buy 80 planes from US firm Boeing, the official IRNA news agency reported. “Fifty of the planes are 737 and the other 30 are the long haul 777 that will be delivered to Iran Air in a period of 10 years,” said Farhad Parvaresh, chief executive ...

  Bloomberg McDonald’s Corp. shrugged off Brexit by announcing plans to switch its non-U.S. tax base to the UK, ditching tiny Luxembourg where its fiscal arrangements are under attack from European Union regulators. In an apparent vote of confidence in the U.K., the hamburger giant said it’s creating a new international holding company based in Britain, which decided in June ...

  Bloomberg Alaska Air Group Inc. won U.S. antitrust approval for its acquisition of Virgin America Inc., a takeover that extends years of consolidation in the industry and expands Alaska Air’s access to the lucrative cross-country market. Under an agreement with the Justice Department announced, Alaska Air must reduce the scope of a marketing accord that allows it to sell ...