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US weighs blocking GE engine sales for China’s new airplane

PARIS: The US government is considering whether to stop General Electric Co from continuing to supply engines for a new Chinese passenger jet, according to sources, casting uncertainty over China’s efforts to enter the civil aviation market.PARIS: The US government is considering whether to stop General Electric Co from continuing to supply engines for a new Chinese passenger jet, according to sources, casting uncertainty over China’s efforts to enter the civil aviation market.

Irregularities at Pakistan bank’s Mideast ops

KARACHI: A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some transactions, according to an inspection by the South Asian nation’s central bank that took place more than a year after the lender was shut out of the US financial system.