BLOOMBERG Walmart Inc raised its annual profit forecast for the second straight quarter after scoring new sales gains with bargain-hunting US shoppers. Food revenue continued to rise strongly and Walmart’s general merchandise business was stronger than the company expected at the beginning of the second quarter, said Chief Financial Officer John David Rainey. The retailer is also still benefiting from …

BLOOMBERG Cathay Pacific Airways Ltd started selling some of its cheapest tickets in more than three-and-a-half years, offloading 100,000 economy seats at steep discounts. Hong Kong’s main airline ran the promotional offer to more than 30 destinations for travel between January to June 2024. The two-week sale started at 2 pm local time, though many customers were left waiting for …

BLOOMBERG The three largest US airlines plan to more than double the number of flights to China in the coming months as they take advantage of a deal between the nations to ease pandemic-era travel restrictions. American Airlines Group Inc told Bloomberg it would add three weekly flights between Dallas and Shanghai early next year. The decision came after rivals …