Bloomberg Cathay Pacific Airways Ltd shares jumped to their highest intraday level since June 2020 on Monday morning as Hong Kong Chief Executive Carrie Lam announced that a flight ban on nine countries would be lifted and mandatory quarantine eased to seven days from 14. The shares rose as much as 4.9% before paring their gain to 0.8% at the …

Bloomberg Delta Air Lines Inc will give most of its 75,000 employees a 4% pay increase as the carrier emerges from the coronavirus pandemic’s drubbing. Flight attendants and ground employees — such as ticket and gate agents, baggage handlers and mechanics — are eligible for the raise, which takes effect from May 1. It applies to employees worldwide except those …

  Bloomberg A Spanish truck-driver strike going on for the last week is now delaying deliveries by Inditex SA, the world’s largest clothing retailer. Inditex is warning clients that buy products on its Zara website that shipments could suffer delays due to the strike. The strike over fuel prices has been disrupting supply chains in the country. Last week, a …