Bloomberg Home Capital Group Inc. added a former banker to its board of directors in a move the Canadian mortgage lender called “the start of our governance renewal.” Alan Hibben, a former RBC Capital Markets managing director who specialized in mergers and acquisitions, replaces Home Capital founder Gerald Soloway, who the Ontario Securities Commission named as one of the ...

  Bloomberg China successfully completed the first test flight of its home-built modern passenger jet, bolstering President Xi Jinping’s ambition of turning China into an advanced economy. Amid cheers from onlookers, the C919 airliner took off from Pudong International Airport in Shanghai, the home base of its builder Commercial Aircraft Corp. of China Ltd., or Comac. The jet landed back ...

  Bloomberg Canada is considering the sale of at least a minority stake in Toronto Pearson International Airport that values the country’s busiest airport at about C$5 billion ($3.7 billion), according to people familiar with the matter. The stake sale, just one of many options laid out in a report to government prepared by Credit Suisse Group AG, would free ...