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Qantas Airways shifting capacity to take advantage of tourism rise

2015-08-04 04:51:31| Airlines - Topix.net

Qantas Airways is repositioning its business to benefit from an expected increase in tourism now that the mining boom has ended and will consider rebuilding relations with Tourism Australia, says the airline's chief executive, Alan Joyce. Mr Joyce said demand for flights in mining-heavy areas like regional Western Australia and Queensland had fallen noticeablely as resources projects moved from the labour-heavy construction phase to the less intense production phase, and as a result, Qantas was shifting capacity to east coast leisure destinations like the Gold Coast and Sunshine Coast.

Tags: advantage capacity rise tourism

Sustainability in Drinks - Momentum Shifting on Soda Taxes

2015-07-31 15:09:00| Daily beverage news and comment - from just-drinks.com

The publication of research into the impact of Mexico's soda tax and reports by the UK Government's Scientific Advisory Committee on Nutrition and the British Medical Association have again put soda taxes in the spotlight. Ben Cooper reports

Tags: taxes drinks momentum shifting

General Mills shifting resources away from Green Giant business

2015-07-03 18:02:58| Food - Topix.net

General Mills acknowledged the weakness in its Green Giant vegetable business Wednesday, taking a $260 million charge as it redirects money to more promising ventures. With the Green Giant asset write-down and other charges, General Mills posted fiscal fourth quarter net earnings of $187 million, or 30 cents per share, down 53 percent from a year ago.

Tags: business general resources green