Bloomberg Cathay Pacific Airways Ltd. is slipping in its efforts to get passengers to pay more for its premium services in a test for new Chief Executive Officer Rupert Hogg as the company reported back-to-back losses. Passenger yields continued to decline in the first half of the year, led by its services to North America and Europe, as discounts to ...

Reuters Air Berlin’s chief executive blamed long delays in the opening of a new Berlin airport for the German airline’s insolvency in an interview published by Germany’s Die Zeit. “Air Berlin is also a victim of the constant postponements of the new airport,” the weekly newspaper quoted Thomas Winkelmann as saying. Winkelmann’s comments came a day after Air Berlin, Germany’s ...

Bloomberg Target Corp. delivered another sign that its comeback is taking hold as stronger online sales helped brighten the retailer’s outlook. Second-quarter sales topped analysts’ estimates, and the company boosted its forecast for the rest of the year. That helped soothe investors after a rocky earnings season for retailers, sending Target shares up as much as 4.9 percent. The results ...