Bloomberg Japanese heavy-machinery maker IHI Corp said employees didn’t properly check so-me aircraft engines, the latest quality-control issue to dent the reputation of the country’s manufacturing sector. Shares of IHI, which makes engine components found on Airbus SE and Boeing Co. jets, dropped as much as 5.2 percent after the company confirmed Japan’s Transport Ministry had inspected its aircraft-engine business …

Bloomberg Gap Inc.’s plans to spin off Old Navy made two things clear: The long decline of its namesake brand is accelerating, and its Athleta chain is its best chance of a future. The company’s signature Gap banner, which turns 50 this year, has posted just one quarterly sales gain in five years. That’s in stark contrast to Athleta, a …

DUBAI / Emirates Business Middle East and North Africa (Mena) IT spending is projected to reach $160 billion in 2019, a 1.8 percent increase from 2018, according to the latest forecast by Gartner Inc. “In 2019, businesses in Mena are set to increase their IT spending in all segments except for the devices segment,” said John Lovelock, distinguished research vice …