Bloomberg Societe Generale (SocGen) SA is studying ways to save 600 million euros ($662 million) in annual costs tied to its operations in Paris, part of an effort to win back investor confidence and improve returns. The review, known internally as “Ithaque,” started in June, according to a person familiar with the matter. No decision has been made and the ...

Bloomberg Embattled Cathay Pacific Airways Ltd reported its biggest drop in passenger traffic in more than a decade after facing heavy backlash from China in the wake of its employees joining protests in Hong Kong. Hong Kong’s flag carrier and its Cathay Dragon unit carried 2.9 million passengers in August, down 11 percent from a year earlier, the company said ...

Bloomberg British Airways cancelled dozens of flights on Wednesday as it wrestled with the fallout from a two-day pilot strike. While more than 90 percent of services will operate as normal, the morning timetable is subject to changes as the UK arm of IAG SA works to get hundreds of planes and pilots back into position, the carrier said in ...