Bloomberg Cathay Pacific Airways Ltd. is slipping in its efforts to get passengers to pay more for its premium services in a test for new Chief Executive Officer Rupert Hogg as the company reported back-to-back losses. Passenger yields continued to decline in the first half of the year, led by its services to North America and Europe, as discounts to …

Reuters Air Berlin’s chief executive blamed long delays in the opening of a new Berlin airport for the German airline’s insolvency in an interview published by Germany’s Die Zeit. “Air Berlin is also a victim of the constant postponements of the new airport,” the weekly newspaper quoted Thomas Winkelmann as saying. Winkelmann’s comments came a day after Air Berlin, Germany’s …

Bloomberg Target Corp. delivered another sign that its comeback is taking hold as stronger online sales helped brighten the retailer’s outlook. Second-quarter sales topped analysts’ estimates, and the company boosted its forecast for the rest of the year. That helped soothe investors after a rocky earnings season for retailers, sending Target shares up as much as 4.9 percent. The results …