Bloomberg Cathay Pacific Airways Ltd. named Rupert Hogg as its chief executive officer, replacing Ivan Chu, as Asia’s biggest international airline struggles to revive earnings after reporting its first annual loss in eight years. Hogg, 55, chief operating officer since March 2014 and a 30-year veteran at parent Swire Group, will take over May 1, Hong Kong-based Cathay said ...

  Bloomberg Carrefour SA’s plan to sell shares in its Brazilian unit got a boost as the retailer’s sales in the country surged, flying in the face of record unemployment and a weakening economy. Revenue in Brazil rose 5.6 percent on a like-for-like basis in the first quarter, outpacing the 1.4 percent gain in group sales, the French grocer said ...

  Dubai / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, launched on Wednesday the UAE National Space Program and approved the program’s strategy. The ...