Bloomberg Boeing Co has been negotiating one of the largest orders ever of wide-body jetliners with Chinese airlines even as tensions between Washington and Beijing escalate, say people familiar with the talks. The discussions centre on about 100 twin-aisle jets: 787 Dreamliners as well as 777X planes, the newest long-range aircraft in Boeing’s lineup, said one of the people, who …

Bloomberg After days of wrangling over the wording of a communique, finance chiefs from the world’s largest economies warned that escalating trade and geopolitical tensions pose the biggest risk to global growth. Officials said that although growth appears to be stabilising, it “remains low and risks remain tilted to the downside,” according to the statement. “Most importantly, trade and geopolitical …

Dubai / Emirates Business The headline seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index (PMI) — a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy — rose to 59.4 in May from 57.6 in April. This was the third successive monthly increase in the index, with the latest reading signalling a …