Bloomberg Cathay Pacific Airways Ltd’s shareholders approved a plan to raise HK$39 billion ($5 billion) in a government-backed rescue that includes the sale of preference shares and a rights issue. All resolutions put to vote were approved, the airline said in a statement following an extraordinary general meeting in Hong Kong on Monday. When the recapitalisation plan was announced last ...

Bloomberg A long-awaited equal pay lawsuit at the UK Supreme Court could see thousands of mostly female workers obtain better wages from the largest supermarkets and end up costing the chains as much as 8 billion pounds ($10.1 billion). The Supreme Court was expected to scrutinise a discrimination case brought by more than 15,000 employees who work at Walmart’s Asda ...

Bloomberg Beyond Meat is at risk of being part of a food craze that could potentially sputter and continues to face heightened competition, according to a Citi analyst who initiated coverage with a sell rating. Close to one-quarter of Americans are eating less meat now than last year, but they aren’t doing so out of moral opposition to eating animals ...