BEIJING, May 14 (Reuters) - China's state-owned planemaker COMAC has preliminary drafts for a new widebody jet called the C939, the South China Morning Post reported, likely a larger version of COMAC's first twin-aisle C929 which is itself still under design. China, through the Commercial Aircraft Corporation of China (COMAC), is investing heavily in designing and manufacturing homegrown aircraft in...

MUMBAI, May 14 (Reuters) - A consortium including Blackstone, Singapore state fund GIC and Abu Dhabi Investment Authority (ADIA) is in talks with India's Haldiram's for a majority stake in its snacks business at a valuation of up to $8.5 billion, two sources with direct knowledge said. Haldiram's, a household name in India, has more than 150 restaurants selling local...

RIYADH, May 14 (Reuters) - Saudi Arabia plans to merge the company behind its Qiddiya desert mega leisure development with entertainment business SEVEN, Qiddiya said on Tuesday in what sources told Reuters was a move to get the multi-billion-dollar project back on track. Delays have beset the kingdom's efforts to open up the economy and ease tight social restrictions, with...

LONDON (Reuters) - Some of the world's largest investors are making deeper inroads into lending to commercial property, as they snap up market share from retreating banks and bet on an end to the sharp drops in real estate prices. U.S. fund firms PGIM, LaSalle and Nuveen, Canada's Brookfield and QuadReal, Britain's M&G, Schroders ( SHNWF ) and Aviva, and...