China Seeks to Deepen Economic Footprint in Middle East as Its Bet on Iran Implodes

China's communist dictator Xi Jinping welcomed King Abdullah II of Jordan to Beijing on Monday, eagerly encouraging him to accept greater Chinese involvement in Jordan's economy and help promote trade deals with fellow Middle Eastern countries.

Air India is seeking $1.5 billion in fresh equity from Tata Sons and Singapore Airlines after reporting a record $2.33 billion lossAir India is seeking about $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines, months after the airline reported a record annual loss, according to a report by Reuter

Chennai and Hyderabad were the worst hit, with both airports recording declines of close to 20 per cent in flight operations during the two-month period.