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Hawaiian Airlines warns Qantas-American alliance threatens competition

2015-07-14 08:33:31| Airlines - Topix.net

Hawaiian Airlines has lashed out at Qantas and American Airlines' plans to deepen their trans-Pacific alliance, warning that it threatens to lock out smaller airlines which will be denied access to domestic passenger traffic. The competition regulator last week gave interim approval to Qantas and American Airlines' revenue-sharing alliance despite opposition from Air New Zealand, because it deemed it likely to lead to additional capacity on routes from Sydney to San Francisco and Los Angeles.

Tags: competition alliance airlines hawaiian

 

BMW says China remains a vital market even as JV partner warns on profit

2015-07-14 07:12:57| Automakers - Topix.net

BMW Group reiterated its belief that China will remain an important market, even as its Chinese joint-venture partner Brilliance China Automotive warned about a 40 percent decrease in profit in the first half of 2015. Brilliance on Monday said it expected the decrease in profit attributed to equity holders, to be caused mainly by a drop in the results of BMW Brilliance Automotive.

Tags: on china market partner

 
 

VIDEO: Greek minister warns of recession

2015-07-13 20:15:20| BBC News | Business | UK Edition

Eurozone leaders have agreed to offer Greece a third bailout, but a senior minister has warned that the combination of austerity measures and the temporary closure of Greek banks will tip the country back into serious recession.

Tags: video minister greek warns

 

Amazon.com, Inc. (NASDAQ:AMZN) 'Old Man' Warns Interns to Stay Away

2015-07-09 23:11:50| IT Services - Topix.net

Amazon.com, Inc. is in the midst of its busy summer intern season. The best and brightest computer science and engineering students the world has to offer are converging on Silicon Valley.

Tags: to man stay warns

 

Balfour Beatty warns on profits

2015-07-09 09:36:48| BBC News | Business | UK Edition

UK engineering group Balfour Beatty issues another profit warning, saying its 2015 results will be hit by a "shortfall" of up to 150m.

Tags: profits warns beatty balfour

 

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