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China Everbright to buy HK tower for $1.3bn

BEIJING / Bloomberg China Everbright Holdings Co. and a unit agreed to buy a commercial building in Hong Kong for HK$10 billion ($1.3 billion), adding to the number of Chinese companies mopping up real estate in the world’s most expensive office market. They are buying Dah Sing Financial Centre, a top-tier office building in the Wan Chai district, which will ...

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Realty changes may prove a boon for single expats

Doha / Emirates Business Single expatriates in Qatar can expect more housing options as some real estate agents seem willing to offer them flats vacated by families, it is learnt. As some middle-income expatriates have reportedly left the country or are planning to send their families back home, flats occupied by them – or targeted at such residents – are ...

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Republic pilots expect new contract to survive bankruptcy

Indianapolis / Bloomberg Republic Airways Holdings Inc. doesn’t plan to cut aviators’ jobs or seek to throw out their four-month-old contract in bankruptcy court, according to the pilots union. A potential bankruptcy filing had been part of monthly discussions between leaders of Republic’s pilots union and airline executives, the International Brotherhood of Teamsters Local 357 executive board told members in ...

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