The annual report, which tracks the movement of high-net-worth individuals around the globe, found that around 4,000 German millionaires chose to emigrate in 2016, compared to just 1,000 who left in 2015. Its figures were low compared to European neighbor France, where some 12,000 millionaires emigrated in 2016, compared to 10,000 the year before. Source: Handelsblatt
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Pakistan’s top court on Friday disqualified Prime Minister Nawaz Sharif from office after a damning corruption probe into his family wealth, cutting short his third stint in power. Source: France 24
Airbus SE said it will almost halve production of its slow-selling A380 superjumbo, casting further doubt over the program’s future, while warning that engine glitches are still weighing on deliveries of the single-aisle A320 that’s due to become its largest-volume model. Source Bloomberg
Ankara’s purchase of the S-400 missile defense systems from Russia should not be worrying President Recep Tayyip Erdoğan said, as he announced the deal with Russia has been signed Source Daily Sabah