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Boeing fighter jet gets new life from Trump tweets

  Bloomberg Boeing Co.’s Super Hornet is poised for a surprising comeback thanks to President Donald Trump’s Twitter broadsides and a strike-fighter shortage caused by delays to Lockheed Martin Corp.’s F-35 program. Until recently, Boeing’s combat jet was on life support, with work at its St. Louis factory slowing to a crawl as orders dwindled. But that was before Congress ...

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Credit Suisse allocates $600mn for Saudi expansion

  Bloomberg Credit Suisse Group AG, the Swiss lender seeking a banking license in Saudi Arabia, allocated about $600 million of its own capital to expand its business in the kingdom, according to people familiar with the matter. The Zurich-based bank, which has a securities and equities business in the country, plans to use the capital to, among other things, ...

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Kenyan banks press govt on rate caps as lending slows

  Bloomberg Kenyan banks are in talks with the government about changing a law that caps commercial interest rates as lending in East Africa’s biggest economy slows, Barclays Bank of Kenya Ltd. Chief Executive Officer Jeremy Awori said. “Those dialogues are underway between the Kenya Bankers Association and members of parliament around what would work,” Awori said Wednesday in an ...

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