Bloomberg China City Construction Holding Group Co., whose recent shareholder change triggered early redemption of its debt, will buy back its 2.5 billion yuan ($382 million) offshore yuan bond before maturity on June 20. Its 2.5 billion yuan notes maturing 2017 jumped 1.5 yuan to 96.3 yuan, the biggest gain since May 9. That leaves it set for the ...

  San Francisco / AFP Seducing hyper-connected “Millennials” poses an increasing challenge for luxury brands, which find their markets slowing as young, skeptical consumers force them to rethink strategies. Goldman Sachs estimates that 92 million Americans are in the Millennial generation — born between the early 1980s and the 2000s — surpassing the famed cohort of postwar Baby Boomers who are ...

  Frankfurt / AFP Airbus chief Tom Enders conceded in a newspaper interview on Sunday that some of the “massive problems” dogging the European airplane manufacturer’s new military transporter, the A400M, were of the group’s own making. “We underestimated the engine problems,” Enders told the Sunday newspaper Bild am Sonntag. At the start of the programme, Airbus had “let itself be ...