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Thai Airways plans slimmer fleet and workforce in turnaround plan
BANGKOK (Reuters) - Thai Airways International Pcl said on Tuesday it is cutting its workforce by half and reducing its fleet size to become a more agile and efficient airline, as the troubled flag carrier submitted its turnaround plan, officials said.
Call to standardise enforcement of SOPs
MCA Penang has urged the Federal Government to standardise and provide clearer instructions on the guidelines and standard operating procedures (SOPs) to fight the Covid-19 pandemic in the country.
Shocking Texas energy crisis
TEXAS: Texas grid operator needs to come up with US$1.3bil to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout.
How fashion at work is now different: 'I saw someone wearing just their socks'
Remote working is changing work clothes habits, and while vaccines may bring back some formality, old-school office attire should emerge from the pandemic far less starched and strict.
Nassar whistleblower repeats call for USAG decertification
NEW YORK (Reuters) - Rachael Denhollander, the first woman to publicly accuse former USA Gymnastics doctor Larry Nassar of sexual abuse, called again for the governing body to be decertified after a former coach accused of sexual assault died by suicide on Thursday.
AirAsia Group delays releasing earnings to end-March
KUALA LUMPUR (Reuters) - Budget carrier AirAsia Group Bhd has postponed its fourth-quarter earnings release by about a month, just as its closed Japan unit starts bankruptcy proceedings.
Apple partner Foxconn to form EV partnership with Fisker
Apple partner Foxconn embarks on own electric vehicle project, following a partnership with Fisker, with production to start late 2023.
Sycamore’s Belk files for bankruptcy
CHARLOTTE: Belk Inc, the chain owned by Sycamore Partners, filed for bankruptcy on Tuesday in an effort to tame debt at the struggling retailer.
AirAsia takes RM320mil hit due to Japan unit bankruptcy
KUALA LUMPUR: AirAsia Group Bhd said it has suffered a RM320mil hit arising from the closure of its associate company in Japan.
Airbus and Boeing set to lose orders
AIRCRAFT manufacturers Airbus and Boeing are bracing for hefty jet order cancellations from troubled Norwegian Air amid restructuring proceedings, industry sources said.
