Reuters Qatar’s central bank will offer 2 billion riyals ($550 million) of Treasury bills in an auction this week, according to an invitation sent to banks. Bids will be made on Monday while the results of the auction will be announced on Tuesday. The offer comprises 1 billion riyals of three-month bills, 500 million riyals of six-month bills and …

  Bloomberg Australian lenders are clamping down on home loans to foreigners as concerns about the health of the nation’s housing market mount. Westpac Banking Corp. will no longer lend to offshore customers who aren’t citizens or who don’t hold appropriate residency visas, it said in an e-mail. It follows Commonwealth Bank of Australia, National Australia Bank Ltd. and Australia …

  Bloomberg Bank of England Deputy Governor Jon Cunliffe said the central bank’s Financial Policy Committee won’t hold back from quashing risks that appear in the housing market. In a speech in London, the deputy governor for financial stability highlighted three property “hotspots” that warrant attention: buy-to-let, lending at high loan-to-income ratios to owner occupiers and commercial real estate. He …

  Bloomberg Fitful financial markets and signs of a southwest Florida real estate slowdown so unnerved Canadians Fab and Christa Michetti that they sold one of their two vacation homes there last month. The U.S. presidential election’s isolationist talk provided one more push. “How safe are my assets going to be with the change in the political landscape?” said Fab …

  Bloomberg Delta Air Lines Inc.’s Ed Bastian, the incoming chief executive officer, said he has seen too many bad bets on the price of fuel for the carrier to start hedging again soon. “The reason we haven’t hedged for the last year and a half is there’s just too much volatility, and we’ve been burned,” Bastian said in an …

  Paris / AFP Air France-KLM’s board of directors have appointed Jean-Marc Janaillac, the current head of French transport group Transdev, as the group’s new chief executive following the surprise resignation of Alexandre de Juniac. “The board has decided that MrJanaillac will be co-opted as a group director when Mr de Juniac leaves office on July 31 at the latest. …

  JOHANNESBURG / AP South African shoppers flocked to the opening of one of Africa’s largest malls outside Johannesburg, despite rising unemployment and slowing economic growth. The Mall of Africa, which was opened last Thursday, spanning 130,000 square meters (140,000 square feet) registered 68,000 visitors, a spokesman for the mall’s owners said. “We did expect a high number but this …

  Bloomberg Air Canada surged the most in two years after reporting an unexpected first-quarter profit and saying a key earnings measure would rise to a record this year. Adjusted profit was 30 Canadian cents a share, the country’s largest carrier said in a statement that was released recently. Analysts expected a loss of 19 Canadian cents, according to the …

  Bloomberg InterGlobe Aviation Ltd., the operator of India’s biggest airline IndiGo, slumped in Mumbai after President Aditya Ghosh told analysts that a cooling issue faced by some engines powering the A320neo jets has the potential to hurt the carrier’s low-cost model. Shares of the company fell 5 percent to Rs.1,022.25 in Mumbai after tumbling as much as 6.5 percent …

  Ritika Sharma / Emirates Business From China to Poland and from Italy to Kuwait, the world literature has come on one common platform at 26th edition of Abu Dhabi International Book Fair (ADIBF), which enters its last day on Tuesday. With 63 countries participating, the event brings together a unique experience for literature lovers from all walks and ages. …