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Search Result for “fuel prices”

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WORLD

Weak economy, high oil prices fuel efficiency drive: IEA

AFP, Published on 12/09/2012

» The strains of weak growth in the world economy and high oil prices are fuelling increased energy efficiency, the International Energy Agency said on Wednesday, forecasting a crimp on oil demand in 2012.

WORLD

Lufthansa grounds half of flights as strike begins

AFP, Published on 07/09/2012

» German airline Lufthansa cancelled around half of its scheduled flights Friday as a 24-hour strike by cabin crew got under way, a company spokesman said.

WORLD

More flights cancelled in wake of Lufthansa strike

AFP, Published on 05/09/2012

» German airline Lufthansa on Wednesday cancelled more than 20 more flights to and from Berlin, Frankfurt and Munich due to the knock-on effects of the previous day's strikes by cabin staff.

WORLD

US automakers post strong sales gains in August

AFP, Published on 05/09/2012

» The Detroit Three automakers posted double-digit gains in August US auto sales on Tuesday even as higher fuel prices drove a shift towards smaller and more fuel efficient vehicles.

WORLD

UN urges action to avert global food crisis

AFP, Published on 04/09/2012

» The United Nations warned Tuesday of a possible repeat of the 2007-2008 food crisis and called on world leaders to act quickly to prevent a catastrophe which would affect tens of millions of people.

WORLD

Lufthansa strike grounds hundreds of flights

AFP, Published on 04/09/2012

» German flag carrier Lufthansa on Tuesday cancelled over 200 flights at its Frankfurt hub, Europe's third busiest, as a union chief threatened to hit every German airport with a 24-hour strike on Friday.

WORLD

Australia's Qantas dives into red, scraps jet orders

AFP, Published on 23/08/2012

» Australian carrier Qantas on Thursday posted its first annual loss since privatisation in 1995 and cancelled orders for 35 Boeing jets as high fuel costs and industrial action hammered its bottom line.

WORLD

Japan trade deficit shows world economy 'serious'

AFP, Published on 22/08/2012

» Sagging export markets in Europe and Asia left Japan with a much worse-than-expected trade deficit, figures showed Wednesday, ringing alarm bells over the parlous state of the global economy.

WORLD

Embattled Qantas chief forgoes bonus and pay rise

AFP, Published on 20/08/2012

» The embattled chief of Qantas Airways Alan Joyce said Monday he would forgo any bonus or pay rise, joining a growing list of high-profile top executives at Australian companies who are doing the same.

WORLD

Political turmoil cripples Romania's economy

AFP, Published on 12/08/2012

» The recovery in Romania's economy after two years of severe recession is now coming under threat, analysts warn, victim to the months-long political crisis that has engulfed the EU country.