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Enron Corp.'s bankruptcy reorganisation plan faced a potentially serious roadblock when the Oregon Public Utility Commission's staff recommended that regulators block the sale of Enron subsidiary Portland General Electric.
Protectionism has not helped any sector and it should be done away with in the aviation sector, especially for the Kuala Lumpur-Singapore route, AirAsia Bhd group chief executive officer Datuk Tony Fernandes said.
NEW YORK (AP) - The future of Chrysler hangs in the balance as it heads to court Wednesday to ask a bankruptcy judge for permission to sell the bulk of its assets to a group headed by Italy's Fiat in hopes of saving itself from liquidation.