Beijing / AFP Prada’s annual sales were broadly flat for a second consecutive year in 2015 as the slowdown in China continued to weigh on the high fashion and luxury goods brand. Weak sales in Asia Pacific outside of Japan and in the United States failed to offset an improved picture in Europe, where the weak euro bolstered sales to ...

Tokyo / Bloomberg Japan Airlines Co. expects operating profit of at least 200 billion yen ($1.8 billion) in the financial year that begins in April, according to two people familiar with the situation. The profit forecast compares with 204 billion yen in operating profit expected in the fiscal year that ends in March. The country’s second-largest airline will update its ...

Cape Town / Bloomberg South African Airways (SAA) will cancel a code- sharing agreement with Etihad Airways PJSC as the unprofitable carrier prepares to end direct flights between its home base in Johannesburg and Abu Dhabi, less than a year after introducing the route. SAA and Etihad signed a route-sharing partnership in May 2013 before expanding the alliance with additional ...