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Business

IATA seeks UN deal to avert trade war

SINGAPORE: Global airlines have called for a deal brokered by a United Nations agency to avoid an impasse between China and the European Union (EU) over jet pollution spilling into a trade war.

Business

Cries of EU biofuel discrimination grows louder

LATELY, the debate has grown louder over the discriminatory nature of the European Union’s (EU) default values for biofuels especially on imported biofuel feedstocks like palm oil and soybean oil.

Business

Association: China airlines won’t pay EU carbon tax

HONG KONG: China’s airlines will refuse to pay any carbon costs under the European Union’s (EU) Emissions Trading Scheme, while other Asia-Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers.

Business

Fear factors for Asia in 2012

As we bid farewell to a volatile 2011, and usher in a seemingly more challenging new year, i>StarBizWeek/ipolls 10 major factors that could trigger economic fears in Asia in 2012.

Business

Analysis: Obama toughens tone with China as businesses vent

HONOLULU, Nov 13 (Reuters) The head of Boeing chose his words carefully as he explained to U.S. President Barack Obama the dilemma that Corporate America faces in trying to do business in China.

Business

Asia airline body raps plan for carbon tax

SEOUL: The director-general of an Asian airline association criticised plans for a carbon tax on carriers flying to and from Europe, saying it pits the continent against the rest of the world.

Business

China state media takes aim at US currency bill

BEIJING: China's official news agency derided US lawmakers' efforts to pressure Beijing over its currency policy as 'expedient and shallow,' saying they were resorting to an old habit of deflecting blame on China.

Business

Up close and personal with Giovanni Bisignani

GIOVANNI Bisignani's famous word is i>basta/i(Italian for enough) and whenever he uses it, his hands go up in the air and his facial expressions change to reflect his sentiments of sheer anger and frustration.

Business

Wars and rumours of wars

NORTH Korea's deadly artillery strike on South Korea's Yeonpyeong island earlier this week is a reminder that there are still forces in the world that could throw up an unpredictable risk to the global economic recovery.

Business

G-20 faces urgent task of averting global trade war

SEOUL, South Korea: Leaders of the world's 20 biggest economies faced the urgent task at their summit Friday of resolving a U.S.-China currency dispute that has raised the specter of a global trade war.