Bloomberg A plan to carve out and sell the performing assets of Cyprus Cooperative Bank Ltd is attracting interest from US investment funds, said Nicholas Hadjiyiannis, Chief Executive Officer of the troubled Nicosia-based lender. Burdened by 6.2 billion euros ($7.6 billion) of non-performing exposures —equal to about one third of the country’s total economic output— Cyprus Coop is struggling to ...

Bloomberg Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the UK could miss out on future production. Airbus’s German operation is working with French warplane specialist Dassault Aviation SA on a fighter platform involving a range of aerial products, including drones and “swarms” ...

Bloomberg South African Airways appealed to the government for 5 billion rand ($404 million) to cover immediate costs and warned that it may be unable to make debt repayments next year as the state carrier battles to stay in operation. Chief Executive Officer Vuyani Jarana is at the early stage of a turnaround plan designed to return the carrier to ...