Hewlett-Packard Co Fiscal Fourth Quarter Net Income Rises 5% to USD 2.54B on Strong Revenue Growth Private Equity Investors Led by TPG Capital Near Deal to Acquire Clothing Retailer, J. Crew Group Inc for USD 3B in Cash Qantas Airways Ltd to Resume Airbus SAS A380 Services on November 27, 2010, 23 Days After Grounding [...]
Australia’s Qantas Airways Ltd Discovers Oil Leaks in Three of its Grounded Fleet of A380 Jetliners Amid Probe into Engine Issues that Resulted in Emergency Landing Last Week Royal Dutch Shell PLC Agrees to Offload 10% or Just Under One Third of its Stake in Woodside Petroleum Ltd to Equity Investors for AUD 3.31B (USD [...]
Abu Dhabi Provides USD 10B Lifeline to Dubai World to Help it Meet its Debt Obligations AMP Ltd, Australia’s Second-Biggest Asset Manager and French Insurer, Axa SA Increase Joint Offer for Axa Asia Pacific Holdings Ltd to AUD 12.9B (USD 11.8B) General Motors Co Reaches Preliminary Deal to Offload Some of its Saab Brand Assets [...]
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Also tagged Abu Dhabi, Abu Dhabi Dubai World, AMP Axa, ArcelorMittal, ArcelorMittal Job Cuts, Dubai World, General Motors Saab, Gregory Fleming, Overnight Market News, Overnight Markets, Qantas Airways Air Fare Increase
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Qantas Airways Ltd. does not expect clear skies ahead for its business and the airline industry as a whole. In its 2009 annual report, Qantas’ chairman said that the global outlook is still up in the air, and that significant improvements in fundamentals are yet to be seen. He added that a steep rise in [...]
Things don’t appear to be looking up for Qantas Airways Ltd., which posted an 88% plunge in profits for its year ended June 30, 2009. Qantas saw its net income fall to AUD 123M, drastically lower than the AUD 970M it posted a year ago. Airline companies have been struggling with falling consumer demand, coupled [...]
PetroChina Co Signs USD 41.1B Liquefied-Natural-Gas (LNG) Deal With Exxon Mobil to Purchase Gas from a Field Off Australia’s North-Western Coast Hewlett-Packard Co Posts Slightly Better-Than-Expected Third Quarter Results Reporting Profits of USD 1.6B on Strong Server Sales US Tax-Evasion Amnesty Program Identifies Ten More Swiss and European Banks Which Held Wealthy US Citizens Accounts, [...]
UBS AG Raises USD 3.5B of New Capital in Share Sale, Expects Losses to Continue in Second Quarter Global Mergers and Acquisitions (M&A) Drop More Than Half in Second Quarter in 2009 (Q02 2009), the Slowest Q02 in Six Years China’s National Development and Reform Commission Likely to Block Hummer Acquisition by Local Firm, Sichuan [...]