Monday , 29 December 2025

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Emerging-market currencies offer best value, says Pimco

Bloomberg Emerging-market currencies offer some of the best value as an eight-year run of dollar strength is “close to the end,” according to Pacific Investment Management Co (Pimco). “We like to be long a number of those,” Gene Frieda, a Pimco strategist in London, said. Slowing US growth will finally put a dent in the greenback, while counterparts in the …

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Airbus edges back into front with Paris orders for A321XLR

Bloomberg Airbus SE muscled its way to the front again on the third day of the Paris Air Show, adding orders for its newest plane after US rival Boeing Co stole the spotlight with a mega-deal for its grounded 737 Max. The new A321XLR now has seven customers lined up after Qantas Airways Ltd and US-based Indigo Partners LLC signed …

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KKR nears deal to exit from $2b helicopter firm

Bloomberg KKR & Co is nearing a deal to exit part of its stake in Weststar Aviation Services Sdn, Southeast Asia’s biggest provider of helicopters for the offshore energy industry, people with knowledge of the matter said. The private equity firm is in advanced talks to sell a portion of its 40 percent Weststar holding to the company’s controlling shareholder, …

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