Bloomberg PT Bank Rakyat Indonesia has revived its plan to sell a stake in its life insurance arm, which is attracting interest from suitors in a deal that could fetch about $500 million, according to people familiar with the matter. FWD Group Ltd., backed by Hong Kong billionaire Richard Li, and BNP Paribas Cardif SA are among potential bidders for ...

Bloomberg Jamal Al Kishi, Deutsche Bank AG’s chief executive officer (CEO) for the Middle East and Africa, has quit to join Bahrain-based Gulf International Bank (GIB). Al Kishi, who had been with the German lender since 2007, will become CEO of GIB’s parent company and deputy group CEO, the bank said in a statement. Headquartered in Bahrain, GIB is almost ...

Bloomberg EasyJet Plc grounded its entire fleet after completing customer-repatriation flights, and said it’s in talks to build a cash cushion to see it through the gap in business caused by the coronavirus. The restart of scheduled flights will depend on government restrictions as well as demand, the UK discount carrier said in a statement. The shares fell as much ...