BLOOMBERG Onex Corp is seeking $750 million for a new fund dedicated to transportation investments, people familiar with the matter said, a test of its ability to raise money in a tough climate for private equity. The Toronto-based firm has hired eight people for the fund, led by Wes Dick, a former senior executive at aircraft leasing firm BBAM LLC. ...

BLOOMBERG Canadian consumers may be ready to wind down their spending, with retail sales data showing waning momentum at the end of the second quarter. Receipts for retailers were flat in June, according to an advance estimate from Statistics Canada released. That followed a 0.2% increase a month earlier, missing the 0.5% gain expected by economists in a Bloomberg survey. ...

DUBAI / WAM In Dubai’s awe-inspiring economic growth story, family businesses stand tall as architects of growth, innovation and value creation. Generating over 40 percent of the emirate’s GDP, the sector represents Dubai’s indomitable spirit of enterprise. Now, as the emirate seeks to unlock a new phase of high-powered growth for its economy, the government is introducing a spate of ...