Saturday, March 1, 2014
Despite the mixed January results from many Taiwanese companies, Everlight Electronics Co. (億光電子) Chairman Robert Yeh (葉寅夫) stressed that the global light-emitting diode (LED) industry will emerge from hard times this year.
Taiwan Star (台灣之星), a new entrant to the telecom sector backed by the Ting Hsin International Group (頂新集團) and hoping to carve out its share of the forthcoming fourth-generation (4G) mobile broadband network, yesterday revealed through regulatory filings that the company is poised to raise NT$12 billion in capital by issuing new shares slated to be purchased by two heavyweight enterprises.
Union leaders Friday said Qantas boss Alan Joyce could not justify why he needs to cut 5,000 jobs during crisis talks as the carrier stepped up pressure on the government to help stem massive losses.
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.