Reuters The head of Banque Saudi Fransi’s corporate bank is leaving the bank, sources familiar with the matter said. Mohamad Abdulhadi, senior executive director at the Saudi lender partly owned by Credit Agricole, left this week, sources said. One of the sources familiar with the move said Abdulhadi was in his 60s and had retired. There was no official announcement ...

Bloomberg AirAsia X Bhd., the long-haul arm of the region’s biggest budget carrier, is looking at swapping an order for 66 Airbus SE A330neo wide-body jets to larger A350s in a bid to boost capacity on its busiest routes. A review of the Kuala Lumpur-based discounter’s fleet requirements is underway and could result in a plan to trade up to ...

Bloomberg The five heirs to Wal-Mart Stores Inc. fortune became $5 billion richer after the world’s largest retailer said it expects US e-commerce sales to surge 40 percent in the next fiscal year. The forecast added 4.5 percent to Wal-Mart shares and pushed the combined net worth of Alice, Jim, Rob, Lukas and Christy Walton to $140 billion, according to ...