Bloomberg Two former London investment bankers appeared in court in Germany’s first trial targeting a complex trading strategy that racked up massive tax losses for the nation’s treasury. The British men, who can only be identified as Martin S, 41, and Nicholas D, 38, appeared in a court in the city of Bonn, charged with helping to orchestrate so called ...

Bloomberg Cathay Pacific Airways Ltd Chairman John Slosar followed the chief executive officer in resigning after the carrier faced scrutiny from China for its employees’ involvement in the anti-Beijing protests in Hong Kong. Slosar, 63, will be replaced by Patrick Healy, a 31-year veteran at parent Swire Group, Cathay said on Wednesday in a filing. The changes are scheduled to ...

Bloomberg Air Canada is calling on the country’s transportation regulator to take a closer look at Onex Corp’s takeover of WestJet Airlines Ltd, arguing that the C$3.5 billion ($2.6 billion) deal may run afoul of foreign-ownership rules. “I am writing to express the concern that, due to the structure of the transaction and the capital and corporate governance structure of ...