Bloomberg Cathay Pacific Airways Ltd was cut to a “strong sell” by the investment banking arm of China’s biggest lender, which said the fallout from the anti-Beijing protests in Hong Kong is set to hurt to the airline’s brand. State-run Industrial & Commercial Bank of China Ltd slapped a HK$6 price target on the stock, about a third less than …

Bloomberg Air Canada boosted its takeover offer for Transat AT by 38 percent, or C$200 million ($151 million), securing support from the tour operator’s largest shareholder in the process. Air Canada said it will raise the bid to C$18 a share from C$13, bringing the value of the all-cash offer to C$720 million. The sweetened offer has the support of …

Bloomberg Amazon.com Inc is in late-stage talks to acquire as much as 10 percent of India’s Future Retail Ltd, people familiar with the negotiations said, as the US company moves to bolster its brick-and-mortar presence in one of the world’s fastest-growing retail markets. India’s No. 2 retailer by turnover, Future is seeking a valuation of about 20 billion rupees ($281 …