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Airlines rise on optimism travellers returning to skies

Bloomberg Airline stocks recorded their first back-to back weekly gains gain since early October, potentially marking the beginning of a long-overdue recovery, amid growing signs that a reopening of the economy is gaining pace. The S&P Supercomposite Airlines Industry Index closed up 6.1%, after a 3% gain, as investors continue to shun higher-risk growth stocks given expectations for aggressive interest-rate ...

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TAG Heuer’s CEO says prices to increase for most watches

  Bloomberg TAG Heuer, the maker of luxury watches worn by tennis star Naomi Osaka and actor Ryan Gosling, plans to boost prices for most of its watches later this year. The Swiss brand, part of luxury giant LVMH SE, plans increases in April of about 5% to 6% for most timepieces, except smart watches, Chief Executive Officer Frederic Arnault ...

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Hong Kong fresh food supplies hit again

  Bloomberg Hong Kong’s supplies of vegetables and chilled poultry will be affected “to a certain extent” after some vehicle drivers tested positive for the coronavirus, prompting authorities to suspend a border transport interchange, the government said. The facility for goods vehicles was temporarily closed for disinfection and mainland drivers who stayed at the interchange venue on that day are ...

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