Showing 1 - 8 of 8
Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.
Flight test
Asia focus, Erich Parpart, Published on 22/07/2019
» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.
Mystery US space plane lands with a bang after 2 years
Published on 09/05/2017
» CAPE CANAVERAL, FLORIDA - The US military's experimental X-37B space plane landed on Sunday at Nasa's Kennedy Space Center in Florida, completing a classified mission that lasted nearly two years, the Air Force said.
Regional rail contender
Asia focus, Prangthong Jitcharoenkul, Published on 10/10/2016
» The rail technology leader Bombardier is seeking a stronger presence in Asia through its headquarters in Bangkok, says the company's vice-president for Asia Pacific.
A350 begins first commercial flight
Published on 15/01/2015
» DOHA — The world's newest jetliner, the Airbus A350, took to the skies Thursday carrying its first paying passengers from the Gulf Arab nation of Qatar.
Gistda satellite spots 300 objects in search zone for MH370
Published on 27/03/2014
» Thai satellite images of more than 300 objects in the southern Indian Ocean have produced another lead in the search for Malaysian Air flight MH370 as bad weather forced aircraft to suspend operations on Thursday.