Tokyo / Reuters Bank of Japan (BOJ) Governor Haruhiko Kuroda said inflation could be affected if the yen continued to rise excessively, leading to further easing measures to meet the central bank’s price target, the Wall Street Journal reported. Kuroda also told the paper that the BOJ was not targetting the exchange rate but that he would continue to …

  Bloomberg China wants to get control of the most popular fast-food chain in the country. A consortium backed by sovereign fund China Investment Corp. has expressed interest in buying a majority stake in Yum! Brands Inc.’s China business, which runs more than 7,100 KFC and Pizza Hut eateries across the nation, people with knowledge of the matter said. The …

  Bloomberg Malaysia Airlines Bhd. said Chief Executive Officer Christoph Mueller will leave the company before his term ends, posing a new challenge to turn around the carrier after two plane crashes in 2014 dented its sales and reputation. Mueller requested to step down before the end of his three-year contract for personal reasons, the carrier said in a statement. …

  Reuters British plus-size fashion retailer N Brown Group Plc expects a hit of about 3 million pounds ($4.31 million) on full-year profit before tax in the new financial year, and said trading so far has been subdued. Shares of N Brown, known for its brands SimplyBe and JD Williams, fell as much as 13 percent to 273 pence, the …

  Paris / REUTERS A growing backlog of undelivered Airbus passenger jets, stranded outside their factories due to supplier problems, is putting pressure on the planemaker’s cash generation for the start of the year, industry sources and analysts said. After a slow first quarter in deliveries, parking space at Toulouse airport in France, and at Hamburg in Germany, is increasingly …

  Paris / AFP Airbus said that Indonesian carrier Garuda had signed a firm purchase order for 14 of its new generation wide-bodied A330-900neo airliner for $4 billion. The deal, sealed in London for the re-engined version of Airbus’ popular A330 airliner, is designed to bolster Garuda’s expansion. Airbus said the order, for delivery from 2019, replaces and extends an …

  Priboj / AFP Deep in a western Serbian valley, the town of Priboj despairs at the decline of a truck factory that was once its lifeblood — and is now symbolic of the country’s failing state-owned companies. A thriving manufacturer employing thousands under communist Yugoslavia, Fabrika automobila Priboj (FAP) is today one of Serbia’s loss-making enterprises whose future hangs in …

  Tan-Tan / DPA Abdallah has been sitting drinking tea since dawn; the wind blows unrelentingly against his Bedouin tent, a protective layer between him and the vast, inhospitable Sahara Desert. He and his camel caravan have travelled from the Atlas Mountains to do business in Tan-Tan, a desert city in southern Morocco. By selling a small camel, he can make …

  Our Correspondent / Emirates Business After the darkness comes Dawn. Its striking silhouette transformed at a touch, its inviting interior opened to the elements — to friends, to the unexpected, to endless possibilities. Dawn lives in the moment deems the producer of the luxury vehicle. Abu Dhabi Motors, the sole authorised dealer of Rolls-Royce Motor Cars in Abu Dhabi …

  Our Correspondent / EMIRATES BUSINESS Specsaddict.com is a UAE-based online platform that provides consumers with 5,000 designer and homegrown eyewear pieces, such as sunglasses, contact lenses and eyeglasses, at reduced prices. Since launching in 2016, the site has gone on to introduce a raft of technology solutions to enhance the online shopping experience for residents in the UAE, including …