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  Bloomberg Cathay Pacific Airways Ltd. has collected an unwanted title. Equity strategists have less enthusiasm for the carrier than any other member of the Bloomberg World Airlines Index, according to a ranking of analyst ratings. Cathay shares have tumbled 11 percent this month, falling to a record low versus Hong Kong’s Hang Seng Index on August 22, as brokerages ...

  AP British Prime Minister Theresa May has warned that Britain faces some “difficult times” as it prepares to leave the European Union following the June referendum. She told the Andrew Marr Show in an interview that not all would be “plain sailing” as Britain withdraws from the 28-nation bloc. She said in her first extended interview since taking office ...

AFP European Commission chief Jean-Claude Juncker said on Sunday he opposes trade negotiations between Britain and other economies while it remains part of the European Union, as Australia prepares for talks on the issue with London. In the wake of its vote to leave the European Union, Britain must renegotiate its access to the markets of the rest of the ...

  AFP European authorities’ decision to slap Apple with a huge bill for back taxes was not a decision “against the United States”, European Commission chief Jean-Claude Juncker said on Sunday as world leaders gathered in China for a major economic summit. The 13-billion-euro demand for payment from the American electronics giant has raised hackles in the US, with the ...

  AFP Hewlett-Packard Enterprise is looking to sell its software division, perhaps for as much as $10 billion, according to media reports that cited sources close to the matter. The move would include HPE shedding the operations of Autonomy Corp, a British software firm bought five years ago in an $11 billion deal that has since been branded a business ...

  AFP The world edged closer to a 2020 goal to repair vast areas of damaged natural lands and forests, officials announced at the world’s largest conservation meeting. Malawi and Guatemala committed to restoring a total of 4.54 million hectares (11 million acres) of degraded land, officials said at the International Union for Conservation of Nature (IUCN) World Conservation Congress. ...

  AFP The long-awaited sale of Formula One to an American media group is to be completed next week, according to media reports on Sunday. The well-sourced German magazine Auto Motor und Sport said that the sport’s veteran commercial ring-master Bernie Ecclestone had confirmed the deal at the Italian Grand Prix. The magazine reported that Ecclestone said Liberty Media will ...

  DUBAI / Reuters Saudi Arabia’s top sovereign wealth fund is negotiating to buy a stake in one of the kingdom’s most ambitious real estate projects as Riyadh restructures the economy to cope with low oil prices, a source familiar with the plan said. The Public Investment Fund (PIF) aims to invest in King Abdullah Economic City (KAEC) on the Red ...

  Bloomberg Japanese government bonds’ worst week in a month sent 10-year yields almost back up to zero amid speculation the Bank of Japan will tweak its debt-buying program this month and concerns that demand will decline at auctions this month. Benchmark yields climbed to minus 0.02 percent, the highest since March 16 in Tokyo. Forty-year yields advanced to 0.57 ...

  DUBAI / Reuters The Gulf’s largest listed lender, Qatar National Bank (QNB), said on Sunday it would open a representative office in Cuba, becoming the first bank from the rich energy-exporting countries of the Gulf to do so. Government-controlled QNB has obtained regulatory approvals needed to open the office, in line with its strategy of expanding in selected countries, ...