Archives

Asia airlines raise hedging volumes on oil price fall

Airlines in Asia are stepping up jet fuel hedge volumes after oil prices fell below $100 a barrel this month, with some locking in fuel purchases as far out as 2016, suggesting airlines see oil prices bottoming.


'Real Housewives of Atlanta' cast update: Demetria McKinney and Claudia Jordan possible additions, Is NeNe Leakes still in season 7? Will there be a reconciliation between Leakes and Kenya Moore?

Two of the housewives in 'Real Housewives of Atlanta' have started a feud in season 6, and they are NeNe Leakes and Kenya Moore. However, Moore has expressed that she did not hold on to things that happened in the past, which could mean a possible reconciliation between the two. This will have to be done before Leakes exist, however, as she is rumored to have a smaller role in the new season because of her Glee engagements.

Huawei to invest $4 billion in fixed broadband R&D in next three years

Huawei Technologies Co Ltd [HWT.UL], the world's largest telecommunications equipment maker, said it would invest more than $4 billion in fixed broadband technology research and development (R&D) in the next three years.

Drone delivery: DHL 'parcelcopter' flies to German isle

Logistics firm DHL is using a drone to fly parcels to the German island of Juist, in what it says is the first time an unmanned aircraft has been authorized to deliver goods in Europe.


Latest News

Japanese trading house Mitsui & Co Ltd (8031.T) said it had sold its 25 percent stake in Silver Bell Mining to a unit of Grupo Mexico (GMEXICOB.MX) that already owns the remaining 75 percent in the operator of Silver Bell copper mine in Arizona.
The price of gold, down more than a third in three years, is approaching the tipping point where the mining industry would see a spike in the number of producers reducing output or even shutting down operations.
Swedish furniture retailer IKEA said it had signed an agreement with two Indian states on the company's intention to open stores and to find new suppliers.
Australian inbound M&A deals declined the most in a quarter of a century as plummeting commodity prices and a faltering local stock market challenged the appetite of overseas investors for the country's assets.
China and Spain are set to sign business deals worth a total of about 3 billion euros ($3.8 billion) in Beijing this week, an official said, as Spanish Prime Minister Mariano Rajoy visits the Asian giant to drum up support for his country's economy.
The California Public Employees' Retirement System has asked a U.S. judge to reject a proposed settlement between Hewlett-Packard Co and shareholders over the computer maker's botched acquisition of Autonomy Plc.
Rosneft (ROSN.MM), Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley (MS.N)'s oil trading unit because Western sanctions make it virtually impossible to finance day-to-day operations, three sources close to the state-controlled company said.
Nokia XL, one of Nokia's last Android devices, is pitted against the Samsung Galaxy S Duos 2, a hybrid of Samsung Galaxy S2 and Samsung Galaxy S3. With a price difference of $10, one of these can offer you better front camera and higher resolution.
Kortney Kardashian proudly shows her baby bump while relaxing by a pool at a Los Angeles hotel. Her partner, Scott Disick, meanwhile is reportedly looking for a bachelor’s pad. Is this a sign the couple are parting ways?
Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems Inc, said Chinese hackers had broken into its computer network and stolen the personal information of 4.5 million patients.