Australia’s Qantas Apologises To Customers For Operational Problems
SYDNEY (Reuters) – Qantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers…
August 2022
U.S. Wants Airlines To Boost Help For Stranded, Delayed Passengers
By David Shepardson WASHINGTON (Reuters) – Transportation Secretary Pete Buttigieg has urged the 10 largest U.S. airlines to do more…
Ackman Names Ryan Israel As Pershing Square’s Investment Chief
(Reuters) – Billionaire investor William Ackman on Friday named insider Ryan Israel as the chief investment officer for his hedge…
Wizz Air Suspends Relaunch Of Russia-UAE Flights As Criticism Mounts
(Refiles to fix syntax in fourth paragraph) DUBAI (Reuters) -European budget carrier Wizz Air has suspended plans to resume flights…
Greece rid of budget watch but inflation, energy woes bite
ATHENS, Greece (AP) — With more of a whisper than a resounding clang, Greece has shed another restriction dating to…
Bank Of Cyprus Rejects Lone Star’s Takeover Proposal
(Reuters) -Private equity firm Lone Star said on Friday its cash proposal to buy Bank of Cyprus Holdings PLC was…
Apple Supplier Foxconn To Invest $300 Million More In Northern Vietnam – Media
HANOI (Reuters) – Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City…
Japan’s Mitsui Nears Decision To Join New Sakhalin-2 Operator -Nikkei
TOKYO (Reuters) – Japanese trading firm Mitsui & Co is close to making a final decision to join a new…
China’s July Russian Coal Imports Hit 5-yr High As West Shuns Moscow
SINGAPORE (Reuters) – China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in…
China Sentences Tycoon Xiao Jianhua To 13 Years, Fines His Company $8.1 Billion
BEIJING (Reuters) -A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13…