Cathay shares jump as carrier flags strong first-half profit

Cathay Pacific Airways Ltd. shares jumped as much as 3% after the carrier signaled a rise in first-half net income, driven by strong passenger and cargo demand despite the Iran war-induced oil-price shock. The stock notched its biggest intraday gain in two weeks after the carrier Wednesday forecast HK$6 billion ($765 million) to HK$6.5 billion […]

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