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Corporate News 01 Nov 2016 | 7:02 PM

Tata to form new group management structure within days - source

MUMBAI: Ratan Tata, interim chairman of India’s Tata Sons conglomerate, will outline a revamped top management structure for the US$100bil group within days, a person close to the company told Reuters on Tuesday.

Corporate News 29 Oct 2016 | 3:18 PM

Three Tata execs quit, adding to uncertainty at Indian group

MUMBAI/NEW DELHI: Three senior group executives at India's Tata Sons have resigned, people close to the matter told Reuters on Saturday, as management woes appeared to deepen at the $100 billion conglomerate following the stunning ouster of its chairman.

Business 16 May 2016 | 7:54 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Business 15 Aug 2013 | 12:00 AM

Cathay cuts seating capacity

BEIJING: Cathay Pacific Airways Ltd, the world’s largest international air cargo carrier, is scaling back seating capacity on some longhaul routes to offset declines in its air freight business, allowing it to post a first-half net profit.

Business 20 May 2013 | 8:31 AM

Malaysia-Market factors to watch on May 20(Monday)

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the Malaysian market. GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk

Business 29 Nov 2013 | 12:00 AM

Qantas law change sparks takeover talks

SYDNEY: The Australian government has flagged allowing majority foreign ownership or increased government support for Qantas Airways Ltd, a move that could shake up the regional aviation sector and make the national carrier a takeover target.

Business 14 Dec 2013 | 11:48 AM

Australia PM backs lifting Qantas foreign ownership limit

SYDNEY: Australia's Prime Minister Tony Abbott has suggested he may support lifting foreign ownership restrictions on Qantas, saying the embattled carrier's push for a level playing field was not unreasonable.

Business 11 Jun 2015 | 4:23 PM

South Korea cuts rates as MERS clouds outlook; 14 new cases

SEOUL: An outbreak of Middle East Respiratory Syndrome (MERS) forced South Korea to cut interest rates on Thursday in the hope of softening the blow to an economy already burdened by slack demand, as authorities reported 14 new cases.

Business 14 May 2010 | 12:00 AM

EADS 1Q net down 39%

PARIS: Airbus parent company EADS NV on Friday reported that first quarter net profit fell 39 percent as its planemaker unit struggled with the challenges of its A380 superjumbo program.

Business 31 Jan 2009 | 12:00 AM

De Kretser the GO-getter

WHEN public relations veteran Michael de Kretser left MDK Consultants (M) Sdn Bhd, a PR outfit he founded 25 years ago, everyone thought he was ready to throw in the towel. But two years ago, he surprised industry watchers by setting up another firm called GO Communications Sdn Bhd, this time with his son Peter.