Bloomberg Australian retailers recorded a fourth consecutive month of sales gains, suggesting cashed-up households are so far weathering a spike in the cost of living from surging fuel and other prices. Sales advanced 0.9% in April to a fresh record $24.1 billion and just shy of economists’ estimates for a 1% increase, Australian Bureau of Statistics data showed. “Cost ...

Bloomberg Cathay Pacific Airways Ltd has started a review that could lead to the shuttering of its pilot bases in the US, the Hong Kong carrier’s last overseas outpost, as it continues to cut costs to stem a cash drain from operating so few flights during the Covid crisis. Cathay has bases in New York, Los Angeles, San Francisco and ...

  Bloomberg India’s flying public is becoming increasingly frustrated with the nation’s airlines, according to a survey undertaken for Bloomberg, saying that customer service and the behaviour of airline staff has deteriorated sharply in the wake of Covid-19. Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and ...