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China’s COMAC chases Xi’s dream to challenge Airbus, Boeing

  Bloomberg China has a dream of challenging the duopoly of Airbus Group SE and Boeing Co. in the global market for air planes. That ambition is slowly taking shape in a hangar in Shanghai. The state-owned Commercial Aircraft Corp. of China Ltd., locally known as COMAC, is building the 168-seat, single-aisle aircraft C919, betting the model would help the ...

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ANZ to sell Asia wealth and retail units to DBS

  Bloomberg Australia & New Zealand Banking Group Ltd.’s sale of businesses in five Asian markets to DBS Group Holdings Ltd. offers the latest sign of consolidation in the region’s highly competitive wealth industry, which has already seen a retreat by European players like Barclays Plc and Societe Generale SA. DBS will pay S$110 million ($79 million) for retail and ...

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Saxo Bank top traded CFDs

  Dubai/ Emirates Business Saxo Bank, the online multi-asset trading and investment specialist, revealed that the most traded equity CFDs (Contracts for Difference) in the MENA region are focused on the US stock market and US tech companies. Two of the top three most traded CFD equity indexes by Saxo clients in the MENA region since January 1, 2015 are ...

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