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Cathay bullish on prospects as profit soars to 13-year high

BLOOMBERG Cathay Pacific Airways Ltd expects its strong recovery from the Covid crisis to continue through the rest of the year after the carrier announced its biggest half-yearly profit since 2010. “We’re extremely pleased with the performance to date,” Chairman Patrick Healy said at a post-earnings media briefing. “We expect to see a solid performance through the rest of the ...

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Trump takes aim at DeSantis in duel at Iowa state fair

BLOOMBERG Donald Trump and Ron DeSantis faced off with dueling events at Iowa’s state fair, taking their fight for the presidential nomination to the traditional political jamboree while avoiding a direct confrontation. Courting thousands of potential Republican voters, the two candidates didn’t cross paths but their appearances had the feel of a showdown in the crucial first-in-the-nation caucus state. But ...

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New Zealand’s ruling Labour Party pledges to exempt fruit and vegetables from GST

BLOOMBERG New Zealand’s ruling Labour Party said it will exempt fruit and vegetables from the Goods and Services Tax (GST) if it wins a third term at elections in October. Unveiling the party’s tax policy on Sunday in Wellington, Prime Minister Chris Hipkins also pledged to increase benefits for low-income families that he said would deliver an average of NZ$47 ...

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