Bloomberg Business

Qantas Sued for Allegedly Selling Seats on Cancelled Flights

Qantas Airways Ltd. was sued by Australia’s competition watchdog for allegedly selling seats on thousands of cancelled flights, piling pressure on an airline already under lawmaker scrutiny for its treatment of customers and record profits.

Adani Paper Trail Shows Secret Offshore Backers, OCCRP Alleges

Potentially controversial owners of Adani stock have been identified in a new investigation, dealing the Indian conglomerate a fresh blow after short-seller Hindenburg Research alleged the group engaged in corporate fraud and stock price manipulation.

HK Braces for Super Typhoon as Saola May Disrupt Trading

Hong Kong warned it may effectively shut down the city, including its $5 trillion stock market, on Friday because of Super Typhoon Saola, which is approaching the financial hub after pummeling through northern Philippines.