Bloomberg China Eastern Airlines Corp. and Xiamen Airlines Co. cancelled 176 additional flights to Taiwan after failing to gain approval from the island’s authorities amid an escalating dispute between the two governments. The flights are a newest sticking point between China and Taiwan, which Beijing considers a province to be reunited with the mainland. Taiwanese President Tsai Ing-wen, whose ruling ...

Bloomberg EasyJet Plc’s newly hired chief executive officer is taking a pay cut to match the salary of his predecessor, Carolyn McCall, as the discount airline joins UK-wide efforts to reduce the national gender gap in remuneration. Johan Lundgren’s salary, originally set at 740,000 pounds ($1.04 million), will be reduced 4.6 percent to the 706,000 pounds earned by McCall in ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s leading and safest financial institutions, reported its financial results for the full year ended December 31, 2017. FAB delivered a resilient performance in a transitional year with a full year 2017 group net profit at AED10.92 billion ($3 billion), compared to AED11.32 ...