Bloomberg Etihad Airways PJSC has no plans to take a stake in Deutsche Lufthansa AG, though the carriers are exploring the possibility of expanding their recent cooperation agreement, according to James Hogan, the company’s chief executive officer. Asked if Abu-Dhabi-based Etihad would be buying Lufthansa, for which it has been touted as a possible investor, Hogan replied “no.” The ...

  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 ...