Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international airline, said it will eliminate some positions after conducting a critical review of its business in a bid to arrest a decline in earnings. “The competition is here to stay and the uncertainty is the ‘new normal’ – we must simply respond,” the Hong Kong-based carrier said in a statement Wednesday ...

  Bloomberg Amazon.com Inc. and India’s Flipkart Online Services Pvt have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter. The e-commerce business is now seeking other potential investors and is negotiating with mall-operator Majid Al Futtaim, one of the people said, asking not to be identified as ...

  Bloomberg British trenchcoat maker Burberry Group Plc said business in Asia-Pacific returned to growth and it enjoyed an “exceptional” boost at home in the UK as the lower pound drew shoppers, the second positive sign in a week for Europe’s struggling luxury-goods industry. Third-quarter retail revenue rose 4 percent on a currency-neutral basis, the London-based company said on Wednesday, ...