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Pakistan looks to aviation in ambitious defense export push

  Bloomberg Nuclear-armed Pakistan is seeking to ramp up defense exports amid simmering regional tensions and a surge in the global arms trade. Pakistan expects to increase defense exports more than 10-fold to $1 billion within the next two years, targeting sales to countries such as Egypt, Turkey and Nigeria. Azerbaijan recently agreed to buy arms from Pakistan. The target ...

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Deutsche Bank nears plan to boost capital by $10.6bn

  Bloomberg Deutsche Bank AG is nearing a plan to boost capital by more than 10 billion euros ($10.6 billion) through an equity offering and the partial sale of its asset management unit, according to people with knowledge of the discussions. The measures, which executives may review as soon as this weekend, would be a way for the bank to ...

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Mexican central bank’s peso support gift to biggest firms

  Bloomberg Mexico’s new $20 billion plan to support the peso could prove a gift to some of the country’s biggest companies. The central bank will hold its first $1 billion auction of non-deliverable forward contracts on Monday, offering a way for businesses with expenses in dollars but revenue in local currency to hedge against further declines in the peso. ...

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