Bloomberg The economy of South Korea, which is very reliant on China, may see more adverse impact than previously expected from China’s plan for deleveraging, the Bank of Korea said in a report on Sunday. South Korea’s gross domestic product growth could be 0.3 percentage point less than expected in 2018 and maybe 1.2 percentage point less in 2020 because ...

Bloomberg Nigeria revealed plans for a new national airline and said a majority stake could be available to an overseas backer as it seeks know-how and cash to help the startup avoid the fate of former flag carriers. The West African state has no cap on overseas ownership of its airlines and would be prepared to offer more than 50 ...

Bloomberg Saab AB, maker of the Gripen warplane, said it’s interested in joining a UK-led project to develop a cutting-edge combat aircraft that would be a mainstay of defense programs in two decades time. While Saab is also evaluating a rival Franco-German fighter plan, the Tempest programme funded by Britain’s Ministry of Defence and including BAE Systems Plc and Rolls-Royce ...