ABU DHABI / WAM The Central Bank announced a decrease in money supply aggregate M1 …
Read More »Cathay new CEO Hogg’s tough to-do list hasn’t gotten any shorter
Bloomberg Ten months into the top job and Cathay Pacific Airways Ltd. Chief Executive Officer Rupert Hogg’s to-do list hasn’t gotten any shorter. While its cargo business and passenger traffic, especially premium travelers, are recovering, inflated wage costs and ever-increasing competition from Chinese rivals are issues he has to contend with. Among these, fuel-hedging bets gone awry top the list: …
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