IN BRIEF (Page 16)

Business International

Emirates may sell 30% stake in IPO

Emirates, the biggest Arab airline, may seek as much as $9 billion in a share sale, provided the Dubai government approves an initial public offering that would be the largest in the Middle East.

Qantas to spend $6.3b on planes

Qantas Airways Ltd, Australia's biggest airline, ordered 99 Airbus SAS and Boeing Co planes worth at least $6.3 billion to help fend off competition from low-cost carriers.

Skymark Air says net income soared

Skymark Airlines Inc, Japan's largest low-fare carrier, more than doubled net income in the fiscal second quarter after winning passengers from larger All Nippon Airways Co and Japan Airlines Corp.

Burberry boosted by trench coats

Burberry Group Plc, the British luxury-goods maker whose founder created gabardine fabric, said first-half profit rose 32 percent on higher sales of trench coats and the introduction of metal-studded Knight handbags.

Peltz makes offer to buy Wendy's

Nelson Peltz's Triarc Cos made an offer for Wendy's International Inc that was less than the $3.2 billion the billionaire investor said he might pay in July.

IN BRIEF (Page 16)

Business International

Vodafone raises forecasts on growth

Vodafone Group Plc, the world's biggest provider of mobile-phone services, raised its sales and profit forecasts on accelerating growth in India and Turkey, as well as higher revenue from wireless Internet access in Europe.

BHP, Rio seek to win over investors

BHP Billiton Ltd, the largest mining company, will begin talks "imminently" to win over shareholders to its offer for Rio Tinto Group after failing to gain a meeting with the London-based company's board.

Firms strive to get closer

Nippon Steel Corp, the world's second-largest steelmaker, and South Korea's Posco are considering ways to expand their alliance as mills seek to cut soaring raw material and shipping costs.