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Private jets are seen at the Embraer headquarters in Sao Jose dos Campos, 100 km (62 miles) from Sao Paulo May 14, 2013. Brazil's barriers to international trade are limiting its growth potential and could hamper a huge infrastructure push at the center of President Dilma Rousseff's industrial agenda, the head of the U.S. Commerce Department said in a Tuesday interview. Acting Commerce Secretary Rebecca Blank suggested the advantages given to Brazilian industries through import taxes and restrictions on government-led investments may even slow the development of globally competitive companies. REUTERS/Nacho Doce (BRAZIL - Tags: TRANSPORT BUSINESS)

Hong Kong’s Regal Hotels International expands aircraft leasing business


Shares of Regal Hotels International Holdings opened higher on Thursday after news it has agreed to purchase four 11-year-old aircraft for US$14 million (about HK$109 million) to expand its aircraft leasing business amid a decline in mainland Chinese tourist arrivals in Hong Kong.

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