Bloomberg The Pentagon has halted deliveries of Lockheed Martin Corp’s F-35 after finding an alloy used in magnets for pumps on the fighter jet were made in China. The F-35 program office “temporarily paused the acceptance of new F-35 aircraft to ensure the F-35 program’s compliance” with defense regulations “pertaining to specialty metals,” Defense Department spokesman Russell Goemaere said ...

Bloomberg The expected post-Labour Day high-grade borrowing rush is underway, with Target Corp, Walmart Inc, McDonald’s Corp, Lowe’s Cos, and Nestle SA among the companies tapping the US investment-grade market. Eighteen issuers are selling new debt, with more deals possible. Companies are rushing into the market despite increasing volatility and higher borrowing costs over the last several weeks. Syndicate desks ...

  Dubai / Gulf Time Alpha Flight Services (Alpha), a leading UAE-based catering, retail, and hospitality services provider, has signed a 10-year concession agreement with Ras Al Khaimah International airport (RKT). The partnership will see Alpha Flight Services invest in infrastructure and provide in flight catering services to more than 10 airlines at the airport. In addition, it will operate ...