Bloomberg It used to be that you had to traverse the Indian or South Pacific ocean to sleep in a thatched-roof, overwater bungalow — the epitome of luxury accommodations. With ladders that descend straight into turquoise waters, four-poster beds with gauzy mosquito netting, and private plunge pools, they’re the stuff of honeymoon dreams. Now you can get the floating ...

Bloomberg Confidence among US homebuilders declined in July from a five-month high, showing the construction industry remains in a slow, if unspectacular, recovery as the busiest part of the selling season comes to a close, according to data this week from the National Association of Home Builders (NAHB) / Wells Fargo. Key points Builder sentiment gauge declined to 59 from ...

  Bloomberg Cathay Pacific Airways Ltd. slumped the most in three weeks after Asia’s biggest international carrier said first-half performance was “below expectations” and yields were under “intense pressure.” Shares snapped six days of gains after the Hong Kong-based airline said in a statement to the stock exchange this week that combined passenger load factor for Cathay Pacific and unit ...