Bloomberg China Eastern Airlines intends to establish a new airline in Hainan along with a group of other investors to take advantage of planned free-trade area and tourism growth, it says in a filing to the Hong Kong stock exchange. Shanghai-based carrier would be the majority shareholder in Sanya International Airlines. Other backers include the governments of Hainan province and …

Bloomberg The Portuguese government wants more control over the stricken airline TAP SGPS SA in exchange for a rescue loan of as much as 1.2 billion euros ($1.4 billion), Expresso reported. The government, which already controls 50% of TAP, is in talks with private shareholders about the loan and should get a response early next week, the weekly newspaper said, …

Bloomberg UK house prices increased as lockdown measures that froze the market were relaxed, Rightmove Plc said. Asking prices in June were 1.9% higher compared to March, before the market was put on hold, the property website operator said on Monday, bringing average values to $424,000. Restrictions put in place to slow the outbreak of the coronavirus were eased in …