Bloomberg Boeing Co. painted an optimistic forecast for China, an aviation market soon poised to become the world’s biggest. The planemaker also needs to overcome a tit-for-tat trade war that President Donald Trump is ratcheting up. The country will need 7,690 new planes worth $1.2 trillion over the next two decades, the Chicago-based planemaker said in Beijing. That’s a 6 …

Bloomberg Italy’s aerospace giant Leonardo SpA says ATR, which it co-owns with France’s Airbus SE, is in talks with alternative buyers for the remaining aircraft in a $1.6 billion deal with Iran, which it can no longer deliver due to sanctions. “We are pretty confident that we will finalise the re-allocation to other countries” by the end of this year, …

Bloomberg Amazon.com said sales from its business-to-business platform hit an annualised rate of $10 billion globally as it adapted its online retail operations for consumers into an international enterprise serving offices, hospitals and factories. The Seattle-based internet giant launched Amazon Business in the US in 2015 and reached $1 billion in sales a year later. It now operates in eight …

Bloomberg Ryanair Holdings Plc pilots and flight attendants in Germany will walk out on Wednesday, meaning many of its services in and out of the country may not operate. The latest strike will follow the scrapping by Europe’s biggest discount carrier of more than 400 flights on August 10 amid walkouts in five nations including Germany, though since then it …

Bloomberg China’s Anta Sports Products Ltd. is gearing up for the Beijing Winter Olympics four years from now with a 4.7 billion-euro ($5.5 billion) approach for one of the world’s biggest makers of ski equipment. Amer Sports Oyj of Finland, which owns the Atomic and Salomon brands, confirmed a Bloomberg News report that it has received takeover interest from an …

Paris / WAM Yahsat, a leading global satellite operator based in the UAE and wholly owned by Mubadala Investment Company, and Hughes Network Systems (Hughes), a subsidiary of EchoStar Corporation, on Monday announced an agreement to enter into a joint venture to provide commercial Ka-band satellite broadband services across Africa, the Middle East and southwest Asia. This new venture combines …

Bloomberg The Indian rupee and bonds sunk after the current-account deficit widened to the most in five years, as an emerging-market rout raises investor scrutiny of countries with worsening balance of payments. The rupee slid as much as 1.3 percent on Monday to a new low of 72.6738, leading losses among Asia’s emerging-market currencies. Sustained weakening has prompted authorities to …

Dubai / Emirates Business Indian economy, which registered 8.2 percent growth in the first quarter of 2018-19 fiscal year – the highest in recent history – is expected to attract large-scale investment from the GCC to India, following the recent announcement of the development of a $44 billion oil refinery to be built by Abu Dhabi National Oil Company (Adnoc), …

Bloomberg Stocks pared earlier gains as shares of Apple and Asia-based suppliers slumped after President Donald Trump insisted his trade war with China will spur more manufacturing jobs in the US. The S&P 500 opened higher, breaking a four-day slide, before pulling back from the day’s highs. The Stoxx Europe 600 Index fluctuated in early trading before finding its feet …

Bloomberg The pound rallied and gilts fell after the European Union’s chief negotiator Michel Barnier said it’s “realistic” to get a Brexit deal within eight weeks. Sterling jumped as much as one percent as Barnier said an agreement is possible by the start of November, though several issues were still outstanding in the talks. That includes measures to prevent the …