Bloomberg A $2.2 trillion superbank is feeling the pinch of China’s bond slump. The yield on China Development Bank’s 10-year bonds surged past 5 percent, bringing the rise this quarter to about 70 basis points. More striking has been the jump in its premium over government debt with a similar maturity, given that the state-owned lender is a so-called policy ...

Bloomberg Spain will have a backup plan in place to shield its tourism industry from any disruption to air travel caused by Brexit regardless of the outcome of talks between the UK and the European Union, Deputy Minister for European Affairs Jorge Toledo said. Airlines tend to make their flight plans one year advance, so Spain still has about four ...

Bloomberg Travellers flying long-haul from Britain in private planes and the premium cabins of jetliners will foot the bill for freezing departure taxes in coach, Chancellor of the Exchequer Philip Hammond said. The UK Treasury will increase so-called air passenger duty for business- and first-class passengers by 16 pounds ($21) to 172 pounds, while lifting the fee for private journeys ...