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Airbus, Boeing close in on Dubai deals worth $30 billion

DUBAI (Reuters) - A battle for orders erupted on day one of the Dubai Airshow on Sunday as Europe’s Airbus and its U.S. arch-rival Boeing prepared to fire opening salvos worth almost $30 billion. Airbus was widely expected to announce a fresh order worth $16 billion at list prices for the...

Airbus to buy back some A380s in new Emirates deal: sources

DUBAI (Reuters) - Airbus (AIR.PA) will have to buy back or find new homes for some of the older A380s currently operated by Dubai’s Emirates as it finalises a deal to sell new superjumbos to the Gulf carrier, industry sources said on Sunday. The European planemaker is expected to...

Qatar sells assets in wake of Riyadh corruption crackdown

As the corruption crackdown in Saudi Arabia reverberates across markets, companies in gas-rich Qatar are selling assets. This week two state-linked firms are divesting assets. Qatar Foundation, a royal family run nonprofit that also operates a joint venture with Vodafone Group PLC, is seeking...

China's 24-hour online shopping binge nears $16 billion

 Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican lawmakers. The S&P 500 and the Dow Jones Industrial Average ended the week lower for...