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Cathay Pacific is world’s least-favourite airline stock

  Bloomberg Cathay Pacific Airways Ltd. has collected an unwanted title. Equity strategists have less enthusiasm for the carrier than any other member of the Bloomberg World Airlines Index, according to a ranking of analyst ratings. Cathay shares have tumbled 11 percent this month, falling to a record low versus Hong Kong’s Hang Seng Index on August 22, as brokerages ...

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May warns of ‘difficult times’ as UK prepares to leave EU

  AP British Prime Minister Theresa May has warned that Britain faces some “difficult times” as it prepares to leave the European Union following the June referendum. She told the Andrew Marr Show in an interview that not all would be “plain sailing” as Britain withdraws from the 28-nation bloc. She said in her first extended interview since taking office ...

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EU chief opposes UK trade talks pre-Brexit

AFP European Commission chief Jean-Claude Juncker said on Sunday he opposes trade negotiations between Britain and other economies while it remains part of the European Union, as Australia prepares for talks on the issue with London. In the wake of its vote to leave the European Union, Britain must renegotiate its access to the markets of the rest of the ...

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