IMF will send a fact-finding team to Ukraine in the coming days in response to its request for support after the political upheaval, IMF Managing Director Christine Lagarde said Thursday.
“The results just announced have to be a consequence of poor management as well as the market failures typical of airlines. At the same time it has cut’backroom’staff upon whom safety and the quality of service depend. “Qantas is subject to the Qantas Sale Act and this does impede its business model. However Treasurer Joe Hockey appears to have identified four key criteria,(Is the firm subject to unique regulation that impedes its business model?Does the firm provide an essential service?Does the firm compete against foreign state-owned enterprises?Is the firm working to restructure its operations?)although how and if they will be applied to Qantas is anyone’s best guess s.
<a href=’http://news.xinhuanet.com/english/world/2014-02/26/c_126190374.htm’ target=’_blank’>Asiana Airlines fined 500,000 USD for failure to assist families after July crash</a>
U.S. Department of Transportation announced Tuesday that it had fined Asiana Airlines 500,000 U.S. dollars for violating federal law by failing to assist family members of passengers on a flight that crashed in July last year.
<a href=’http://news.xinhuanet.com/english/business/2014-02/26/c_133142893.htm’ target=’_blank’>U.S. house prices climb for 10th consecutive quarter</a>
U.S. house prices edged up 1.2 percent in the fourth quarter of 2013 on a seasonally-adjusted basis, marking the 10th consecutive quarterly increases, official data showed on Tuesday.
<a href=’http://news.xinhuanet.com/english/business/2014-02/25/c_133142795.htm’ target=’_blank’>EU foresees continuation of economic recovery</a>
The European Commission in latest economic forecast issued Tuesday foresaw a continuation of the economic recovery in most European Union (EU) Member States and in the EU as a whole.
The Swedish economy will gradually return to normal after years of financial and debt crisis, with the deficits returning to balance and surplus, the Swedish government said in a statement on Thursday.
<a href=’http://news.xinhuanet.com/english/china/2014-02/17/c_133122243.htm’ target=’_blank’>Monetary policy shift unlikely amid lending boom</a>
China’s prudent monetary policy is unlikely to change in the near future as stronger-than-expected lending in January suggest robust demands in the real economy.
<a href=’http://news.xinhuanet.com/english/business/2014-02/18/c_133122696.htm’ target=’_blank’>Aluminum giant Alcoa to close Point Henry smelter and rolling mills in Australia</a>
Global aluminum producer Alcoa on Tuesday announced the permanent closure of its Point Henry aluminum smelter and two rolling mills in Australia.
BUENOS AIRES,Feb. 15(Xinhua)–Following are the results Saturday from the Copa Claro at Buenos Aires Lawn Tennis Club(prefix number denotes seedings):Men’s singles Semifinals 1-David Ferrer,Spain,bt 4-Nicolas Almagro,Spain,6-4,6-2.2-Fabio Fognini,Italy,bt 3-Tommy Robredo,Spain,3-6,7-5,6-3.Men’s doubles 1-Marcel Granollers/Marc Lopez,Spain,bt Alexandr Dolgopolov,Ukraine/Potito Starace,Italy,6-4,6-4.
<a href=’http://news.xinhuanet.com/english/business/2014-02/13/c_133110385.htm’ target=’_blank’>BOE revises key policy because of robust recovery: economists</a>
Economists said the robust recovery in the British economy has prompted the Bank of England (BOE) to revise its key Forward Guidance policy on Wednesday.