Bloomberg Business

China’s Big-City Homeowners Cash Out as Wealth Dream Fades

Chinese homeowners are losing conviction in their decades-long belief that property is a reliable store of wealth, undermining even coveted markets like Shanghai and adding pressure on authorities to find new sources of economic growth.

Rolls-Royce, Absent From Busiest Jet Segment, Studies Path Back

More than a decade ago, Rolls-Royce Holdings Plc walked away from the market for single-aisle aircraft when it sold its stake in a venture making engines for the Airbus SE A320. Now the UK manufacturer is looking for ways to get back into the most widely flown segment of commercial aviation.

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