Bloomberg Boeing Co.’s boss threw cold water on speculation that the aerospace giant is contemplating a major acquisition, reaffirming the company’s focus on “targeted” deals and returning cash to shareholders. CEO Dennis Muilenburg said Boeing’s top priorities are investing in its factories and jetliners while expanding shareholder returns. The planemaker has the “horsepower” to pursue deals while pouring cash into …

Bloomberg Uruguay’s biggest commercial real estate developer wants to take its success in malls geared for the middle class to low-income neighbourhoods in the capital, Montevideo. Estudio Luis E Lecueder is studying building two shopping centres in northern Montevideo, senior partner Carlos Lecueder, 66, said in an interview. The firm will probably start work on those projects when its Plaza …

Bloomberg Canadian retailers ended their strongest year in two decades on a down note, with a disappointing Christmas shopping season pulling back sales in December. Receipts fell 0.8 percent to C$49.6 billion in January of 2017, Statistics Canada reported. It was the biggest monthly decline since March 2016. Economists were expecting no change during the month. For all of 2017, …