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Source: AFP Published: February 23, 2012 00:40
Boeing said yesterday around 55 of its flagship 787 Dreamliners “have the potential” to develop a fuselage shimming problem, but reiterated that the fault was being fixed.
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Source: Reuters Published: February 23, 2012 00:35
General Motors and PSA Peugeot Citroen are discussing a broad manufacturing alliance designed to stem losses in Europe and lower production costs elsewhere, sources with knowledge of the matter said.
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Source: AFP Published: February 23, 2012 00:35
Southeast Asia’s largest budget carrier AirAsia yesterday reported a fall in net profit by almost half in 2011 on year as it struggled with high fuel prices, but posted a record revenue.
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Source: Reuters Published: February 23, 2012 00:35
S&P cuts Panasonic rating
NAB bank enters India
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Source: Reuters Published: February 23, 2012 00:28
Chinese instant noodle and beverage maker Tingyi Holdings Corp expects to receive approval from Chinese regulators for its tie-up with PepsiCo Inc as early as March, Tingyi's parent company said in Taipei Wednesday.
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Source: Reuters Published: February 23, 2012 00:26
China CNR Corp, the country's No.2 train maker, proposed yesterday a rights issue of 2.5 new shares for every 10 shares held to raise up to 7.1 billion yuan ($1.13 billion) to invest in high-speed train projects and technology research.
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Source: Reuters Published: February 23, 2012 00:25
Japan’s government saw nothing strange in recent currency moves that saw the yen hit a six-month low versus the dollar and a three-month low versus the euro, a senior official at the Ministry of Finance said yesterday.
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Source: AFP Published: February 23, 2012 00:25
Brussels is proposing to freeze 495 million euros ($654.9 million) in EU funds destined for Hungary in 2013, the European Commission said yesterday, the first time it has ever taken such a measure.
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Source: Reuters Published: February 23, 2012 00:25
Fitch cut Greece’s long-term ratings yesterday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.
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Source: Agencies Published: February 23, 2012 00:25
India launches energy index
S.Africa set to slow to 2.7%
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