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Business 14 Mar 2013 | 12:00 AM

Japan airlines hail Dreamliner battery fix nod

TOKYO: Japanese airlines hoped for a rapid resumption of Dreamliner operations after US authorities approved test flights using a prototype battery fix following a global safety scare.

Business 05 Mar 2013 | 12:00 AM

China puts focus on consumers to drive growth

BEIJING: China put its fast-growing consumer class at centre-stage as outgoing Premier Wen Jiabao set out a reform plan on Tuesday to spread the fruits of economic growth more evenly in the country of 1.3 billion.

Business 02 Mar 2013 | 12:00 AM

Boeing to cut jobs at Dreamliner plant

SEATTLE: Boeing Co will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners this year, but the move has nothing to do with the recent grounding of the troubled jetliner, according to the Wall Street Journal.

Business 01 Mar 2013 | 12:00 AM

Boeing to cut jobs at second Dreamliner plant

SEATTLE: Boeing Co will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners over the course of this year, but the move has nothing to do with the recent grounding of the troubled jetliner, the Wall Street Journal reported on Thursday.

Business 28 Feb 2013 | 12:00 AM

EADS upbeat on profit growth

PARIS: Airbus parent EADS predicted higher profit this year on the heels of stronger-than-expected 2012 earnings and a clampdown on costs, with the development of its A350 jet remaining the biggest wild card in its bid to match rival Boeing.

Business 26 Feb 2013 | 12:00 AM

U.S. legal action sought over Shell drillship violations

ANCHORAGE, Alaska: U.S. federal prosecutors have been asked to take legal action over safety and environmental violations discovered on one of two drill ships Royal Dutch Shell used last year in Arctic waters off Alaska, officials said on Monday.

Business 22 Feb 2013 | 12:00 AM

United says removing Boeing 787 from flight plans

NEW YORK: United Continental Holdings said on Thursday it was taking Boeing Co's grounded 787 Dreamliner out of its flying plans through June 5, except for a Denver-to-Tokyo route scheduled for a tentative launch in May.

Business 20 Feb 2013 | 12:00 AM

As parked 787s multiply, Boeing cash drain worries grow

EVERETT, Wash./NORTH CHARLESTON, South Carolina: Paine Field Airport, next door to Boeing Co's widebody plant north of Seattle, is getting crowded as 10 new 787 Dreamliners flank the runway, sparkling with contrasting and colorful liveries, including Poland's LOT, Britain's Thomson Airways and China Southern Airlines.

Business 16 Feb 2013 | 12:00 AM

The Hartonos run the Djarum Group on sound principles

THE cigarette lighted by Victor Hartono looks like a sparkling flambeau, all the more so because of the kretek, the crackling sound it makes.

Business 08 Feb 2013 | 12:00 AM

U.S. regulator raises prospect of longer delay for Boeing 787

WASHINGTON/NEW YORK: Regulators need to rethink how they approved the batteries on the Boeing Co 787, a top U.S. safety official said on Thursday, adding a new and potentially time-consuming wrinkle to the plane's grounding.