Doha / Bloomberg Qatar Airways Ltd. is considering further increasing its stake in British Airways owner IAG SA after the U.K.-based company lost a third of its market value in the fallout from the country’s vote to leave the European Union, according to people familiar with the matter. Qatar Airways, already IAG’s largest shareholder, is exploring boosting its holding ...

  Tokyo / Bloomberg Siemens AG is setting up a unit to invest 1 billion euros ($1.1 billion) over five years on “disruptive ideas,” the latest bid by Europe’s largest engineering company to move into digitalization and shed a reputation for being slow and cautious. Named next47, the unit will initially be overseen by Chief Technology Officer Siegfried Russwurm and ...

  Manila / Bloomberg Philippine Airlines Inc. hired Morgan Stanley to help look for an investor as it seeks to become a five-star carrier, President Jaime Bautista said. The airline, wholly owned by billionaire Lucio Tan, plans to find a “specific equity investor” as early as next year, Bautista told reporters in Manila. “There are on-going talks with possible investors,” ...