Bloomberg Qantas Airways Ltd flagged a period of higher air fares to claw back rising fuel costs as Russia’s invasion of Ukraine sends oil prices soaring. “The group is very well placed to be able to recover the cost of fuel if it stays at the levels that it is at the moment,” Qantas Chief Financial Officer Vanessa Hudson said ...

  Bloomberg Adidas AG halted sales in Russia, following other athletic-wear makers like Puma SE and Nike Inc in response to the country’s invasion of Ukraine. The German sports company said it was suspending the operations of its stores and e-commerce site in Russia and stands “in solidarity with those calling for peace.” Adidas, in a separate move, replaced the ...

  Bloomberg In late January, staff of Cathay Pacific Airways Ltd were invited to an online meeting with senior management. It was supposed to be a debrief on the airline’s financial performance, but when the floor was opened to questions, the first was whether Hong Kong’s flag carrier would be taken over by its state-owned shareholder Air China Ltd. Clearly ...