DUBAI / Reuters Emirates is opening up its lounges at its Dubai hub to lower-tier frequent flyer members in what is the latest move by the world’s largest long-haul airline to look for new ways to boost revenues. Emirates had previously restricted access to these lounges to higher-tier frequent flier members and business or first class travellers. In an …

  Bloomberg A UK aerospace company that designs rotary engines used in jet-equipped backpacks has sold a minority stake to Kuang-Chi Group, a Chinese technology investor. Gilo Industries Group, based in Dorset, has sold a 40 percent stake for $30 million. The funds will be used to expand Gilo’s business in Asia, according to a company statement on Monday. Founded …

  Bloomberg Hugo Boss AG shares climbed the most in almost five years after the German clothier said 2016 operating profit was at the upper end of its forecast range, providing a boost for a company mired in falling sales and earnings. The stock rose as much as 9.7 percent to 60.33 euros, the steepest intraday gain since March 14, …