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Guptas target S Africa bank regulator over account closures

Bloomberg A group of companies linked to South Africa’s politically connected Gupta family said the country’s banking regulator encouraged lenders to shut their accounts, broadening a battle to retain the last of their banking services. The 20 businesses, which are suing Bank of Baroda’s local unit to keep their accounts open, have now included Reserve Bank Governor Lesetja Kganyago and ...

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VietJet may buy 787s or A350s as airline weighs US route

Bloomberg VietJet Aviation JSC plans to expand its fleet to include wide-body jets as the Vietnamese low-cost carrier considers California as its first US destination starting about 2019. Vietnam’s biggest private airline would use the larger aircraft to begin the route after the US Federal Aviation Administration grants Vietnam airlines permission to fly to America, said Nguyen Thi Phuong Thao, ...

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Emirates doubles down on first-class with upgraded suite designs

Bloomberg Emirates, which operates the world’s biggest fleet of long-haul aircraft, threw its weight behind the future of first-class travel, pouring millions into an upgrade of the ultra-luxury category on its Boeing 777 aircraft even as other carriers dispense of the biggest berths. President Tim Clark showcased the new design on the opening day of the Dubai Air Show, with ...

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