Exclusive From Rangoon: Democracy Takes A Beating As Uneasy Calm Returns To Streets The Burmese democracy movement may have died yesterday. Or it could just be regrouping.... Read Full Article Cause And Effect: Images Of Lung Damage From Secondhand Smoke Researchers say that for the first time, they have been able to get an image of lungs apparently damaged by secondhand tobacco smoke.... Read Full Article All Eyes Are On Younger Murdoch Latest speculation suggests James Murdoch will quit as BSkyB’s boss mid-year to take up position at News Corp’s New York headquarters.... Read Full Article Gary Graver, 68, Orson Welles’s Collaborator, Dies Gary Graver was a cinematographer who worked with Orson Welles in the final years of the director’s life and fought for decades to see Mr. Welles’s final film finished and released.... Read Full Article War Ends For Militant Group In Northern Ireland The Ulster Defense Association said that it was disbanding all of its armed units and would store its weapons beyond the reach of rank-and-file members.... Read Full Article |
Operations NewsTempus: Recession cryThe worrying disclosure in HSBC’s first quarter trading update is not the multi-billion dollar writedowns, which came to $2.6 billion in the investment banking business and $3.2 billion in HSBC Finance, the US operations. These are expected and came in lower than some estimates. It is the bank’s downbeat view of the US economy that is of concern.$Read Full Article Tempus: Good BuyBest buy? At £1.1 billion for a 50 per cent stake in Carphone Warehouse’s retail operations, US electronics giant Best Buy is paying a 40 per cent premium to valuations elsewhere in the sector. It also puts an implied price tag of just £600 million of Carphone’s fixed line and broadband operations, which seems too low.Read Full Article British Airways counts cost of T5 fiasco as passenger numbers fallThe chaotic opening of Heathrow’s Terminal 5 last month led to British Airways’ worst April since the start of the Iraq war. Yesterday the airline said that passenger numbers had fallen by 7.9 per cent, or 221,000 people, to 2.5 million after the problematic opening of the £4.3 billion terminal. The British flag carrier was forced to cancel more than 430 flights and lost about 20,000 pieces of luggage as it moved into its new home at T5. The negative publicity and cancelled flights are thought to have contributed substantially to the fall in passenger numbers during the month. This particularly affected BA’s UK and European operations, which were the first to move into T5. Short-haul passenger numbers fell 8.5 per cent last month and BA’s aircraft were operating at only 70 per cent of capacity. Worldwide, the carrier’s aircraft were 71.6 per cent full during the month, the lowest April load factor since the Iraq war began in March 2003. Load factors are seasonal and typically in April traffic rises before the summer. The decline in passenger numbers last month was worst in the economy cabins, with an8.8 per cent fall compared with last year. Premium passenger numbers rebounded by 3.4 per cent after a 5 per cent fall in the previous month. Of particular concern to BA will be the sudden drop in transatlantic travel, which is where the carrier makes the bulk of its money. Passenger numbers to and from the Americas fell 7.9 per cent and the load factor fell to 72.2 per cent, from 78.5 per cent in the same month last year. Nick van den Brul, aviation analyst for Exane BNP Paribas, said: “T5 has clearly been a big problem and it will have an impact on profits. April is usually a good month, when things start to pick up after the winter, but this has not happened.” Analysts are concerned that BA’s passenger numbers are falling just as costs rise and the economy slows. Oil prices have hit record levels and this has caused a number of airlines to go into bankruptcy. BA put up its fuel surcharge last week to cover these increased costs, but it risks losing passengers, particularly as the economies of Britain and the United States slow. Doug McVitie, managing director of Arran Aerospace, an aviation consult-ancy, said: “The combination of higher fares, higher costs and falling passenger numbers is very bad news and the more bad news there is, the more people will be put off the airline.” BA’s share price fell 9¾p to 239p yesterday and is trading at less than half the level of a year ago. The company said: “Market conditions are broadly unchanged with long-haul, nonpremium traffic showing significant weakness. In April some impact was felt, particularly on transfer traffic, from the move to T5 and the operational problems in the early part of the month.” Ryanair, the low-cost carrier, has also suffered from weaker demand as a result of tighter household budgets. Its traffic figures for April show that it is not increasing passenger numbers by enough to cope with the capacity it is adding. Passenger numbers rose by 15 per cent to 4.7 million, compared with the same month last year, but load factors dropped to 79 per cent from 83 per cent. Further indications of weakness in the airline sector is expected today when easyJet, another budget airline, reports its first-half figures. Analysts expect a loss of about £50 million compared with a £17 million loss in the same half last year.Read Full Article Prepping Robots to Perform SurgeryFrom knees to the heart, more operations are being performed by robots, under the guidance of surgeons.Read Full Article Tyco International Profit FallsThe diversified manufacturer said second-quarter profit tumbled 67 percent from the same period a year ago, when it had substantial profits from now-discontinued operations.Read Full Article External News for: operations36 people charged for involvement in cockfighting operations - The State36 people charged for involvement in cockfighting operationsThe StateThirty-six people have been charged for their involvement in cockfighting operations in Lexington and Williamsburg counties, SC Attorney General Henry ...Three dozen people charged with cockfighting in SCWBTV36 charged in SC cockfighting stingsSouth Carolina Nowall 23 news articles »36 people charged for involvement in cockfighting operations - The State36 people charged for involvement in cockfighting operationsThe StateThirty-six people have been charged for their involvement in cockfighting operations in Lexington and Williamsburg counties, SC Attorney General Henry ...Three dozen people charged with cockfighting in SCWBTV36 charged in SC cockfighting stingsSouth Carolina Nowall 23 news articles »Cisco launches free security application for iPhone - XinhuaPhysOrg.comCisco launches free security application for iPhoneXinhuaCalled SIO To Go, the application is powered by Cisco Security Intelligence Operations (SIO), a system which gathers security information from various ...Global Security Information Now On-the-Go With Cisco iphone ApplicationCNNMoney.com (press release)Cisco's iPhone app provides real-time IT security alertsExaminer.comCisco launches iphone security appCNET NewsVisage Mobile (blog) -San Francisco Chronicle -ReadWriteWeb (blog)all 50 news articles »36 people charged for involvement in cockfighting operations - The State36 people charged for involvement in cockfighting operationsThe StateThirty-six people have been charged for their involvement in cockfighting operations in Lexington and Williamsburg counties, SC Attorney General Henry ...Three dozen people charged with cockfighting in SCWBTV36 charged in SC cockfighting stingsSouth Carolina Nowall 23 news articles »Cisco launches free security application for iPhone - XinhuaPhysOrg.comCisco launches free security application for iPhoneXinhuaCalled SIO To Go, the application is powered by Cisco Security Intelligence Operations (SIO), a system which gathers security information from various ...Global Security Information Now On-the-Go With Cisco iphone ApplicationCNNMoney.com (press release)Cisco's iPhone app provides real-time IT security alertsExaminer.comCisco launches iphone security appCNET NewsVisage Mobile (blog) -San Francisco Chronicle -ReadWriteWeb (blog)all 50 news articles »Dragon Capital Group Corp. Reports Record Financial Results for the First Nine ... - CNNMoney.com (press release)Dragon Capital Group Corp. Reports Record Financial Results for the First Nine ...CNNMoney.com (press release)Net income from continuing operations for the third quarter of 2009 was $356187, slight decrease from the $383126 recorded in the third quarter of 2008. ...New York & Company, Inc. Announces Third Quarter 2009 ResultsRTT News (press release)Alanco Issues 1Q ResultsTrading Markets (press release)Ronson Reports Sales and Results of Operations In The Third Quarter and Nine ...PR-AU.com... (press release)American Chronicle -PR-CANADA.net (press release) -Post Production Buyers Guideall 55 news articles » |
i8news.com |
