French president Emmanuel Macron gave a horse to his Chinese counterpart Xi Jinping, but handing over the Airbus A380 has proved more difficult. The visit started with talk about Airbus offering China a production role on its superjumbo aircraft to secure a program-extending order for the slow-selling jet. While discussions were held on sales of the A380, according to Macron, ...

GKN Plc’s defenses could scarcely be weaker in the face of Last week’s unsolicited takeover approach from plucky deal machine Melrose Industries Plc. But the British engineer was right to reject this audacious proposal. Its shareholders, however desperate for a boost, should be wary of surrender. Last year was terrible for GKN. Accounting errors and mismanagement in its US operations ...

The unrelenting selloff in China’s $9 trillion onshore bond market last year caused deep angst among investors. That performance is far from enticing as the country aims to further open up this market, the world’s third largest, through initiatives such as the Bond Connect programme. For now, foreign investors account for less than 2 percent of the onshore market, though ...