Bloomberg Germany is proposing additional energy-saving measures as Chancellor Olaf Scholz’s government seeks to reduce the country’s dependence on Russian natural gas supplies. The Economy Ministry suggested reducing the minimum temperature in offices — in both the public and private sectors — to be lowered to 19 degrees Celsius (66 Fahrenheit) as it seeks to cut gas consumption by …

  Bloomberg Cathay Pacific Airways Ltd is dangling allowances of up to HK$5,000 ($640) a flight as a sweetener for pilots rostered on to fly in and out of mainland China, with ongoing Covid-19 curbs making it less appealing to work those routes. The Hong Kong-based airline’s dedicated Chinese mainland operations have “been particularly onerous,” the company acknowledged in a …

  Bloomberg The federal judge overseeing SAS AB’s Chapter 11 process approved a $7 million breakup fee to Apollo Global Management Inc if its planned bankruptcy financing package for the Scandinavian airline falls through. Apollo said it would provide roughly $700 million to help SAS continue to operate during bankruptcy on the condition that the court signed off on the …