Bloomberg Ryanair Holdings Plc posted a record annual loss, while saying it’s likely to break even this year as vaccination programs allow a gradual easing of coronavirus travel curbs. Bookings have increased significantly in recent weeks, pointing to a strong recovery in the second half, although forward visibility remains “close to zero,” the Irish company said in a statement on …

Bloomberg An air travel bubble between Singapore and Hong Kong has been delayed as Singapore battles with a rising number of unlinked cases tied to the more aggressive and transmissible coronavirus strain known as B.1.617. A further announcement should be made on or before June 13, the Hong Kong government said in a statement on Monday. Singapore Minister for Transport …

Bloomberg China’s central bank injected medium-term cash into the financial system, in an effort to keep borrowing costs stable as China’s economy continues its recovery from the coronavirus pandemic. The People’s Bank of China added 100 billion yuan ($15.5 billion) of one-year funds with its medium-term lending facility on Monday, matching the amount coming due in a move that was …

Bloomberg National Australia Bank (NAB) is opening a new headquarters in Sydney, even as it aims to consolidate its workspace longer term to match more flexible work arrangements for its 31,000 staff around the country. The move by Australia’s third-biggest bank comes amid a push from Wall Street firms to get more of their workers back into the office, and …

Bloomberg Societe Generale plans to rely less on trading as Chief Executive Officer Frederic Oudea attempts to turn the firm’s investment bank around following steep trading losses on complex derivatives last year. The Paris-based lender said the business will focus more on corporate banking, allocating more capital to financing, advisory and transaction banking. The firm expects revenue growth from those …

Bloomberg Polish lenders with foreign-currency mortgages have to wait at least a month longer for a Supreme Court ruling that’s set to determine their exit strategy from the decade-long Swiss franc loan saga. The tribunal’s Civil Chamber adjourned its hearing, asking for opinions from a number of state institutions, including the central bank and the financial regulator. It was supposed …

Bloomberg Goldman Sachs Group Inc has been on an unprecedented hiring spree in mainland China and Hong Kong in the first four months of the year as the Wall Street titan pushes further into the world’s second-largest economy. The bank is in the process of hiring 320 staff, including 70 to focus on investment banking coverage, said a person familiar …

Bloomberg Nomura Holdings Inc raised its pretax income target for the financial year ending March 2023 by 14%, with the bulk of growth expected to come from its wholesale division as it moves on from the implosion of Archegos Capital Management. Japan’s biggest brokerage expects pretax income at its retail, investment management and wholesale divisions to rise to 320 billion …

Bloomberg Taiwan stocks slumped, extending their biggest rout in more than a year, as the government tightened restrictions on people and businesses to control its worst outbreak of the coronavirus. The Taiwan Stock Exchange Weighted Index closed the Monday session 3% lower, having slid as much as 4.2%, as authorities urged companies to allow staff to work from home or …

Bloomberg China stocks appear to be staging a revival, notching their best two-day run since February on expectations that Beijing will likely maintain its policy support for an economic recovery that’s losing steam. The CSI 300 Index closed 1.5% higher, extending gains to 3.9%. The benchmark traded up to session highs following official monthly data showing that economic activity moderated …