Bloomberg It was supposed to be another regular flight on one of Pakistan’s busiest domestic routes between its two biggest cities. State-run Pakistan International Airlines (PIA) Corp’s PK 8303 flight had a normal departure from the eastern city of Lahore. Close to landing before 2:45 pm local time, the pilots told passengers to fasten their seat-belts as it approached Karachi’s ...

Bloomberg Meituan Dianping reported a smaller slide in revenue than analysts projected after the Chinese internet services giant proved resilient to virus-induced lockdowns. Sales fell 12.6% to 16.8 billion yuan ($2.4 billion) in the three months ended March, compared with the 15.6 billion yuan average of analysts’ estimates. It reported net loss of 1.58 billion yuan, while analysts projected a ...

Bloomberg The US should give up its “wishful thinking” of changing China, foreign minister Wang Yi said, warning that some in America were pushing relations to a “new Cold War.” “China has no intention to change the US, nor to replace the US It is also wishful thinking for the US to change China,” Wang said during his annual news ...