Business News

Cathay posts first-half loss amid high fuel costs Posted: 06 Aug 2008 02:52 AM CDT HONG KONG (AP) _ Cathay Pacific Airways Ltd., Asia's third-largest carrier, said Wednesday it swung to a loss in the first half of the year as soaring jet fuel costs and a hefty U.S. fine offset growth in passenger and cargo traffic.

Geometric gets contract from Ford Motor Posted: 06 Aug 2008 02:35 AM CDT MUMBAI (Reuters) - Software firm Geometric Ltd said on Wednesday it has signed an contract with Ford Motor Company to provide production support and software maintenance work to the latter.

IIM Calcutta to run financial reporting training course Posted: 06 Aug 2008 02:19 AM CDT Kolkata, Aug 6(IANS) The Indian Institute of Management Calcutta (IIM-C) and audit firm PricewaterhouseCoopers (PwC) have tied up to train professionals in International Financial Reporting Standards (IFRS), according to a top IIM-C official.

HSBC to hold its stake in Axis Bank Posted: 06 Aug 2008 02:16 AM CDT NEW DELHI (Reuters) - HSBC would like to hold on to its stake in private sector lender Axis Bank in the short-term, its India head said on Wednesday.

Australia gas crisis eases after plant restart Posted: 06 Aug 2008 02:14 AM CDT VARANUS ISLAND, Australia (AP) _ A natural gas plant shut down by an explosion that wiped out nearly a third of the gas supply to Australia's west coast two months ago resumed partial operations Wednesday, the plant operator said.

India's growth seen at 7.5-8 pct in FY09 - adviser Posted: 06 Aug 2008 02:10 AM CDT By Rajkumar Ray

You are subscribed to email updates from Business News To stop receiving these emails, you may unsubscribe now.	Email Delivery powered by FeedBurner
Inbox too full? Subscribe to the feed version of Business News in a feed reader.
If you prefer to unsubscribe via postal mail, write to: Business News, c/o FeedBurner, 20 W Kinzie, 9th Floor, Chicago IL USA 60610