Bloomberg Cathay Pacific Airways Ltd. expects to report a larger-than-forecast loss in 2022 — around double what analysts were looking for — as the carrier claws its way back from Covid-19. Hong Kong’s main airline said in an exchange filing on Friday that it expects to report an annual net loss of between HK$6.4 billion ($817 million) to HK$7 billion, ...

  Bloomberg Richemont and Burberry Group Plc said consumer spending in China is already rebounding after three years of pandemic lockdowns and a virus surge that cost the luxury-goods makers almost a quarter of their sales there last quarter. Burberry Chief Financial Officer Julie Brown pointed to “very promising signs in January” in the key luxury market. A Richemont spokeswoman ...

  Bloomberg A Qantas Airways Ltd. flight to Sydney returned to Melbourne with potential engine trouble, the airline’s third consecutive day of mid-air mechanical issues following a mayday alert by a plane en route from Auckland. The pilots of flight QF430 on Friday received an indication of a minor engine problem and turned back to Melbourne as a precaution, Qantas ...