Saturday, March 1, 2014
A Spanish-led construction consortium said Friday it had struck a deal resolving a financial row over its expansion of the Panama Canal, which handles five percent of the world's maritime trade.
Video streaming company Hulu says it's selling its business in Japan to Nippon TV. A price wasn't disclosed.
International Airlines Group rebounded into net profit last year, boosted by a strong performance from British Airways and Spanish budget carrier Vueling, it said on Friday.
Hong Kong billionaire Li Ka-shing's Hutchison Whampoa conglomerate said Friday its net profit for 2013 was up 20 percent from the previous year, despite challenging global markets.
Virgin Australia Holdings Ltd., the country's No. 2 airline, Friday reported a first-half loss of 83.7 million Australian dollars (US$75 million), as airlines increased seat capacity faster than passenger demand in the domestic market.
Friday, February 28, 2014
China Airlines and China Pacific Catering Services held a press conference together yesterday to launch the new economy class sky menus for all lines, which feature not only authentic Taiwanese cuisine but also fresh local ingredients.
Struggling Australian carrier Qantas Thursday said it will axe 5,000 jobs, defer aircraft deliveries and freeze growth at Asian offshoot Jetstar in a major shake-up after deep first-half losses, warning of more pain to come.
Britain's state-rescued Royal Bank of Scotland plunged into a nearly 9.0-billion-pound loss last year on vast charges for litigation and the creation of a “bad bank” division, it said Thursday.
Berkshire Hathaway Inc. investors will be looking for details of how the conglomerate performed and the best advice chief executive Warren Buffett, a prominent American businessman, has to offer in his annual letter this Saturday.
New Zealand's national airline on Thursday posted a record first-half profit on slightly lower revenues.