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Saudi ends nine-day winning streak, rest of region mixed

  Reuters Saudi Arabia’s stock market ended a nine-day rising streak on Tuesday as banking shares were hit by profit taking, while bourses in the rest of the region were mixed. The Saudi stock index had surged 10.1 percent over the nine trading days through Monday, led by banks, after Riyadh’s huge international bond issue reduced jitters about the economy’s ...

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China’s COMAC lands new plane orders

  Bloomberg China Eastern Airlines Corp. will be the first customer to take delivery of the home made C919 single-aisle passenger jet as a state-owned planemaker markets the aircraft whose maiden test flight has been delayed at least twice since 2014. Commercial Aircraft Corp. of China Ltd. said it signed an agreement with the Shanghai-based carrier to start negotiations to ...

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Lufthansa’s Eurowings union calls off strikes

  Bloomberg Deutsche Lufthansa AG’s Eurowings dodged more strikes this week after a cabin-crew union decided to give negotiations another chance to resolve a contract dispute. The union UFO, which rejected arbitration after the two sides failed to reach an agreement over the weekend, offered a new round of talks to “make further labor action obsolete,” according to a letter ...

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