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...The 67-year-old executive was released this month after the Cypriot supreme court overturned an earlier extradition ruling....
...He added that he had just made a small winning on a bet of about HK$5,000 (US$640)....
...Cathay shares rose nearly 4 per cent after the earnings were released. The profit is the highest since 2010, when it recorded HK$14bn....
...Stars”, HK$36.8mn, £3.9mn)....
...The US government arranged with Pfizer to return 7.9mn Paxlovid courses at the end of 2023, at an estimated cost to the company of $4.2bn....
...The Hong Kong flagship carrier posted a HK$4.3bn ($550mn) profit in the first half of the year on Wednesday, up from a HK$5bn loss in the same period last year....
...Cathay Pacific Airways expects to report a profit of up to HK$4.5bn ($576mn) in the first half on the back of a surge in demand for travel....
...Earlier in May, MGM China reported HK$4.8bn in net revenue for the first quarter, amounting to about 84 per cent of revenue in the same period in 2019....
...Shares in the Adani groups have since clawed back some of those losses and Adani Enterprises, the billionaire’s flagship company, gained nearly 4 per cent on Friday....
...This along with effect of cross-default provision could result in repayment acceleration on US$10.8 billion of outstanding bonds denominated in US and HK dollars. 2) Under the worst-case scenario, the company...
...In March, the airline unveiled a HK$6.5bn ($830mn) loss for 2022 and shares have remained flat since....
...Developers were also hurt by tough lockdowns in mainland China, where their combined revenue last year was $4.8bn, down 40 per cent from the year before and the lowest since 2019....
...The verdict, he said, would “surely end up in the [US] Supreme Court, because this violation of Argentine sovereignty is equally or even more serious than that last vulture attack”, referring to Elliott’...
...A Financial Times analysis of India’s FDI remittance statistics shows offshore companies linked to the Adanis invested at least $2.6bn in the group between 2017 and 2022, 45.4 per cent of the more than $5.7bn...
...Panama says it was obliged to renegotiate the project’s original 1997 contract after the supreme court declared it unconstitutional....
...Cathay also been suffering from an exodus of pilots prompted by the tough quarantine rules and is looking to hire 4,000 staff including pilots by next year....
...China’s Tianqi Lithium raised about HK$13.5bn (US$1.7bn). As a play on the clean energy, electric vehicle narrative it looked a smart bet....
...Ltd’s balance sheet....
...The Ramaditas lodge is at a comparatively merciful 4,300m, but that night when I try to sleep, I can feel my heart racing in the dark. The dawn light reveals the excellence of Explora’s location....
...One pound bought you 10.7 Hong Kong dollars; today just HK$9.5. Yet even then sales in the sector were attracting generous premiums....
...For the full year, GTV growth guidance went to 4-12 per cent from 15-25 per cent previously; consensus forecasts had centred on 16 per cent, so it’s a massive miss....
...Shares in local casino operator Wynn Macau fell 3.4 per cent, while rivals MGM China and Sands China both dropped 2.2 per cent....
...“By the end of this year, around £4.5bn will have been spent in Brazil on reparation and compensation programs for those impacted by the dam collapse.”...
...Critics say that HKEX has become over-reliant on Chinese capital, with Chinese companies accounting for almost 80 per cent of Hong Kong’s HK$37.6tn ($4.8tn) stock market....
...In the end, CVC’s €4.5bn offer was the only viable bid....
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