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  Bloomberg Cathay Pacific Airways Ltd., the premium airline that is seeking ways to revive earnings after its first annual loss in eight years, plans to cram more passengers in some aircraft to squeeze out extra revenue. All 65 of its Boeing Co. 777-300 family aircraft will have another seat in each economy-class row, shrinking space for fliers by about ...

  Bloomberg Etihad Airways will distribute loaner laptops to premium customers on US-bound flights, joining Gulf rival Qatar Airways in providing a workaround after the federal government banned passengers from bringing their own devices into aircraft cabins. The specially purchased computers will be available to business-class travelers starting next week, Qatar Air said. People must hand over their own laptops ...

  Bloomberg Bombardier Inc. Executive Chairman Pierre Beaudoin offered to forfeit a pay increase for 2016, responding to a firestorm of criticism that prompted Quebec’s finance minister to call for Canada’s biggest aerospace company to review its compensation practices. “After listening to the recent public debate about the compensation of senior executives at Bombardier, I have asked the board of ...

  Bloomberg United Airlines faces a new setback in its bid to win back business customers as production snags hinder deliveries of Boeing Co. jetliners outfitted with new luxury seats. “Short delays” are affecting two 777-300ER aircraft with United’s Polaris luxury interiors, said Megan McCarthy, a spokeswoman for the airline. United and the planemaker are working with French seatmaker Zodiac ...

  ROME / Reuters With scorching summer temperatures and little rainfall, the barren scrublands around the port of Aqaba in Jordan, one of the world’s most arid countries, might seem ill suited to cultivating cucumbers. Yet a Norwegian company is planning to set up a solar-powered, 20 hectare (50 acre) facility that promises to grow a variety of vegetables without ...

  Bloomberg Banks are marketing what could be one of Canada’s first nonprime residential mortgage-backed securities deals since the global financial crisis. National Bank of Canada has held discussions with investors about a bond backed by a pool of residential mortgages just below prime-credit quality, Derek Norton, MCAP Corp.’s chief executive officer, said. The so-called alt-A mortgages are originated by ...

  Reuters As Southern Co. opens a review of its troubled nuclear reactors following a bankruptcy filing by contractor Westinghouse Electric Co., the Trump administration has 8.3 billion reasons to be worried. Southern is financing the reactors with $8.3 billion in federal loan guarantees approved under President Barack Obama’s initiative to build the first new nuclear plants in the US ...

  Bloomberg When it comes to petroleum, the US is the land of plenty. The year 2017 started off with a bang for American oil companies as total crude and petroleum products exports rose to a record 5.69 million barrels a day in January, government data show. A surplus of fuels means exports are available all the way down the ...

  Bloomberg Principal Financial Group Inc. accused the managers of Liongate Capital Management LLP of hiding investments with Bernie Madoff while negotiating to sell half of their London hedge fund to Principal. Founders Randall Dillard and Jeff Holland, and Head of Research Benjamin Funk sold the stake in March 2013 without disclosing secret investments in the largest of several Madoff ...

  Bloomberg This hardscrabble Wyoming city of about 30,000 people proclaims itself the “Energy Capital of the Nation” on the mayor’s blue blazer and even the parking ticket payment boxes. Nearby are some of the world’s largest open-pit mines, where dump trucks the size of houses haul out more than 40 percent of the coal produced in the US. The ...