Bloomberg Cathay Pacific Airways Ltd will alter monthly allowances and other perks for pilots as it tries to stem a wave of resignations among crew frustrated by the impact of Hong Kong’s Covid-19 policies on their lives. The changes depend on pilot ranking and come on top of base salaries and hourly flying rates. From next year, the most ...

  Bloomberg Virgin Australia opened three small invitation-only airport lounges in Sydney, Melbourne and Brisbane, renewing its push under new owner Bain Capital into a business-travel market dominated by Qantas Airways Ltd. The lounges are accessed through unmarked doors and have a boardroom for guests and freebies such as meals and refreshments. Together, they seat fewer than 250 people, the ...

  Bloomberg United Airlines Holdings Inc jumped after forecasting a profit this year, overcoming a first-quarter loss as consumers increasingly ditch their pandemic-era habits and resume air travel. The carrier’s operating margin in the second quarter will be about 10%, according to a statement. Fuelled by booming leisure sales heading into the summer and “rapidly returning” business travel, the performance ...

Bloomberg Nestle SA reported a healthy gain in revenue as the world’s largest food company started the year with its strongest first-quarter pricing in more than a decade. Sales rose 7.6% on an organic basis in the first quarter, the company said. Analysts expected 5.1%. The figures exclude Russia, where Nestle has halted some activities. Food and beverage companies have ...

  Bloomberg Amazon.com Inc said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc. The new “Buy With Prime” feature combines Amazon’s payments and fulfillment services and makes them available at checkout on other websites, letting shoppers use ...

  Bloomberg Violent and unruly airline passengers will continue to face steep fines and potential criminal charges even as rules mandating face coverings fade away. The US Federal Aviation Administration said its zero-tolerance policy against unruly passengers will be made permanent as it attempts to deter bad behaviour. The move came two days after most major US airlines eliminated policies ...

Bloomberg President Vladimir Putin declared that Russia had seized Ukraine’s Mariupol even as his defense minister said more than 2,000 opposing troops remain holed up in an industrial complex in the strategic southern port city. “Taking control of such an important centre in the South as Mariupol is a success,” Putin said in a televised meeting with Defense Minister Sergei ...

  Bloomberg Sweden’s Foreign Minister Ann Linde said political parties deliberating a potential application for Nato membership may speed up the process, initially planned to conclude by the end of next month. The talks should be finalised by May 13, Linde said in an interview with Swedish public radio’s Ekot. “The situation in Ukraine continues to worsen, Finland has submitted ...

Bloomberg Emmanuel Macron and Le Pen struggled to land a knockout blow during their one-and-only debate, an encounter that left the French president in the box seat four days before the final round of the presidential election. Some 15.6 million viewers watched the long and rather technical head-to-head during which both candidates confirmed their positions on key issues, from tech ...

  Bloomberg Former Botswanan President Ian Khama has been formally charged with 14 counts relating to the illegal possession of firearms in what is the first attempt at the criminal prosecution of a previous head of state. Khama, who is charged with three others, was not at the court in the capital, Gaborone, after having moved to South Africa in ...