The photo has been used for illustrative purposes. File/ AFP
Hong Kong flag carrier Cathay Pacific announced on Wednesday that it will buy budget airline HK Express for US$628.15 million, as it moves to counter competition from the increasing number of low-cost carriers in the region.
The Ministry of Finance (MoF) signed an agreement to encourage and protect investments between the UAE and the Hong Kong Government, as part of the ministry’s efforts to protect the nation’s investments abroad and to attract foreign investments.
HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence of legal and regulatory expenses borne in the year-ago quarter. Reining in costs has been one of the biggest challenges for HSBC Chief Executive John Flint
With every passing month, week and day, enthusiasm has been building up for the much-awaited mega and meaningful meeting.
It was a surprisingly good night for nearly all 10 candidates onstage Thursday evening in the third round of the Democratic debates — but it was a breakout night for New Jersey Senator Cory Booker.
The gunman who killed 20 people in El Paso, Texas, posted his white supremacist manifesto on the right-wing forum 8chan. The man who massacred 51 people at a Christchurch, New Zealand, mosque streamed video of the attack live on Facebook. And the shooter who gunned down three people at the garlic festival in Gilroy, California, appeared to upload an Instagram post referencing a white nationalist author just hours before he opened fire.
Fires burning in Brazil and the broader Amazon basin are shining a spotlight on the role of forests and land use in the climate change challenge. Next week, the California Air Resources Board will hold a hearing that could have a direct impact on such fires.