Zhuhai / AFP Aerospace giants Boeing and Airbus took potshots at one another at the Zhuhai air show, as the US and European rivals seek to capture more of China’s booming aircraft market. China is one of the Western manufacturers’ key battlegrounds, with its travellers taking to the skies in ever-growing numbers. The country’s airlines will need nearly 6,000 ...

  DUBAI / Reuters Standard Chartered’s Islamic division is seeking banking licences in three African countries in order to offer its services to the continent’s large Muslim population. Standard Chartered Saadiq could enter at least one of these markets – Nigeria, Botswana and Zambia – as early as 2017, Mohammad Ali Allawalla, who is head of Islamic banking for retail ...

  Bloomberg UBS Group AG’s investment banking business is set to have its best year advising on Middle Eastern deals in at least a decade as the firm’s new strategy in the region pays off. The bank is ranked first as an adviser on deals for Middle Eastern and African targets so far this year, according to data compiled by ...