March 2012

  • MAS
2 Mar 2012 - 8:35pm
KUALA LUMPUR: Malaysia Airlines Berhad (MAS) has recorded its biggest ever slide of RM 2.5 bil net loss in the national carrier history. This raised a question whether the loss was due to dubious accounting.  Blogger A Voice pointed that of the losses, a total of RM 1.09 bil was cited on non-cash provisions. ...
  • rous
2 Mar 2012 - 5:56pm
BRASILIA: President Dilma Rousseff on Thursday accused the world's rich countries of unleashing a tsunami of cheap money that hurts developing countries like Brazil. Rousseff complained that rich nations are responding to the global financial crisis with easy credit and low interest rates -- and that cheap money makes its way to Brazil, which...
  • emi
1 Mar 2012 - 5:02pm
HONG KONG: Hong Kong Airlines may cancel an order for 10 Airbus superjumbo A380 jets, a report said Thursday, as Chinese opposition to the European Union's airlines carbon emissions fee intensifies.   Beijing has banned its airlines from complying with the EU scheme, which was imposed from January 1 although no airline will face a bill until...