The China-owned general contractor of Baha Mar offered to boost its investment in the unfinished Bahamas resort while criticizing the developer for its management of the project and its recent negotiating tactics.

With the price of oil and the value of the Canadian dollar tumbling, businesses are facing challenges – but there’s at least one bright spot in the economy: tourism.

The Battle for the $3.5 billion Baha Mar is getting hotter. It’s been a little more than three weeks since Baha Mar Ltd filed for bankruptcy protection in the US.

Costa Crociere and Alitalia have signed a three-year agreement that lets passengers departing from Italy use Alitalia scheduled and charter flights.

The Board of Ryanair has confirmed that it has voted unanimously to accept the IAG offer for Ryanair’s 29.8 percent shareholding in Aer Lingus Group. Ryanair’s stake in Aer Lingus has been available for sale since May 2012 and the Board believes that the current IAG offer maximizes Ryanair shareholder value.

The developer of the unfinished Baha Mar resort in the Bahamas on Tuesday requested and received a 13-day court adjournment from the Bahamas government.