Bloomberg AirAsia X Bhd’s restructuring plan was met with bleak forecasts and ratings from analysts as well as a 10% drop in its share price, underscoring the daunting challenges that lie ahead for the grounded carrier. Public Investment Bank Bhd maintained its underperform rating and 1 sen price target on the airline, the long-haul arm of AirAsia Group Bhd. Max …

Bloomberg Airbus is betting that its corporate-jet division won’t be as hard hit by the pandemic as commercial flights as the planemaker unveiled a business version of its A220 model. The aircraft will have three times more cabin space and cost about a third less to run than competing models, said Airbus, which took over the development of the plane …

Bloomberg UK house prices rise at their strongest annual pace since 2016 last month as Britons’ changing work patterns and a tax reduction on purchases fanned a resurgence. Average house prices rise 7.3% in September from a year earlier to a record average of 249,870 pounds ($323,000), mortgage lender Halifax said on Wednesday. On the month alone, prices gained 1.6 …