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Airbus draws line at giving China its own jet plant

BEIJING / Bloomberg Airbus Group SE drew a line on how far it’s prepared to extend jetliner production into China, saying it won’t help competitors develop aircraft, and that the country’s wide-body orders don’t justify building its most lucrative models there. No talks have taken place about construction of twin-aisle jets such as the A330 and A350 in China, Fabrice ...

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Steinhoff bids whopping $924 million for Darty

Cape Town / Bloomberg Steinhoff International Holdings NV Group made an unsolicited, 662-million-pound ($924 million) bid for French electronics retailer Darty Plc, seeking to break up Groupe Fnac SA’s agreement to buy the company. The South African retailer proposed to pay 125 pence a share in cash, Darty said in a statement Wednesday. The bid is 8.5 percent above Darty’s ...

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Providing innovative online marketing solutions

Sunaina Rana / EMIRATES BUSINESS Living in a multi-touch, digital age and making your brand your consumer’s first choice is becoming increasingly difficult. USA-based company, Bruce Clay Inc. (BCI), is the global internet marketing optimisation company with over 1,500 digital experts working across nine countries, has recently launched its operations in the Middle East to establish a stronger presence in ...

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