ANKARA / Bloomberg Profit at Turkey’s national airline surged last year as lower fuel costs compensated for geopolitical risks and security concerns. Turkish Airlines’ net income rose to a record $1.1 billion last year from $832 million in 2014, the company said in a statement to the Borsa Istanbul late on Monday. That beat expectations of all 22 analysts in ...

BEIJING / Bloomberg Airbus Group SE drew a line on how far it’s prepared to extend jetliner production into China, saying it won’t help competitors develop aircraft, and that the country’s wide-body orders don’t justify building its most lucrative models there. No talks have taken place about construction of twin-aisle jets such as the A330 and A350 in China, Fabrice ...

Cape Town / Bloomberg Steinhoff International Holdings NV Group made an unsolicited, 662-million-pound ($924 million) bid for French electronics retailer Darty Plc, seeking to break up Groupe Fnac SA’s agreement to buy the company. The South African retailer proposed to pay 125 pence a share in cash, Darty said in a statement Wednesday. The bid is 8.5 percent above Darty’s ...