Touch Me, Call Me, I Am The IPhone Stephen Hutcheon examines the hype surrounding what many regard as the biggest thing since Alexander Graham Bell invented the phone.... Read Full Article World Business Briefing: Morgan Stanley To Buy Real Estate Investor Morgan Stanley has agreed to buy a real estate investor, the Investa Property Group of Australia, for 4.7 billion Australian dollars ($3.9 billion) in cash. Including debt, the offer values Australia’... Read Full Article UAL Profit Climbs The parent company of United Airlines said its third-quarter profit rose nearly 76 percent on trimmed costs and a boost in passenger revenue.... Read Full Article The TV Watch: Senators Do Show And Tell At Hearings It was inevitable that ?I? would be the most pronounced pronoun of the day in the televised hearings on Iraq.... Read Full Article Love And Loneliness On The Las Vegas Strip Las Vegas is not just the backdrop but the neon-lighted moral reflector of the director Curtis Hanson’s latest film, ?Lucky You.?... Read Full Article |
Rating NewsJon Moulton calls for ratings link to bank bonusesJon Moulton, the private equity entrepreneur, criticised bonuses paid by investment banks yesterday and said that banks’ credit ratings should be linked to their bonus schemes.Read Full Article Two’s a crowd in generating gamBritish Energy’s site at Bradwell in Essex - close to London, Britain’s biggest single market for electricity, with plenty of space and good connections to the National Grid - is one of the most attractive locations to build a new nuclear reactor in the UK. It is little surprise, then, that potential bidders for the company are wary of the prospect of being forced to surrender access to rivals.Read Full Article Israel marks 60th birthday as fears overshadow the nation’s partyIsrael is celebrating its 60th birthday this week with a series of events ranging from barbecues and military fly-pasts to a full-scale anniversary ceremony to be attended by President Bush on Wednesday.Read Full Article Toyota profits warning sends market tumblingToyota, the industrial bellwether of the Japanese economy, today stunned markets by issuing a profits warning, forecasting its first full-year slump in operating profits in nearly a decade.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 External News for: ratingRating Schwarzenegger - New York TimesFresno BeeRating SchwarzeneggerNew York TimesBy AP SAN FRANCISCO (AP) — A survey by The Field Poll shows that the approval rating of Gov. Arnold Schwarzenegger of California has slumped to a new low. ...Field Poll shows Gov. Arnold Schwarzenegger's public opinion rating has ...Los Angeles Times''Gov. Arnold's Ratings Drop Like A Rock''Auburn JournalGovernor's Approval Ratings At All-Time LowKCBSSan Francisco Chronicle -San Diego Union Tribune -Press-Enterpriseall 236 news articles »Rating Schwarzenegger - New York TimesFresno BeeRating SchwarzeneggerNew York TimesBy AP SAN FRANCISCO (AP) — A survey by The Field Poll shows that the approval rating of Gov. Arnold Schwarzenegger of California has slumped to a new low. ...Field Poll shows Gov. Arnold Schwarzenegger's public opinion rating has ...Los Angeles Times''Gov. Arnold's Ratings Drop Like A Rock''Auburn JournalGovernor's Approval Ratings At All-Time LowKCBSSan Francisco Chronicle -San Diego Union Tribune -Press-Enterpriseall 236 news articles »Morningstar's Realpoint Acquisition Boosts Its Credit-Rating Business - DailyFinanceMorningstar's Realpoint Acquisition Boosts Its Credit-Rating BusinessDailyFinanceIn December, Morningstar joined the lucrative credit-ratings business. And now this week, it has made another move in that market with the purchase of ...Morningstar to Buy Credit Rater RealpointWall Street JournalMorningstar buying rater of structured financeReutersMorningstar buys ratings firmPensions & InvestmentsChicago Breaking Business - Tribune (blog) -PR Newswire (press release) -BusinessWeekall 65 news articles »Rating Schwarzenegger - New York TimesFresno BeeRating SchwarzeneggerNew York TimesBy AP SAN FRANCISCO (AP) — A survey by The Field Poll shows that the approval rating of Gov. Arnold Schwarzenegger of California has slumped to a new low. ...Field Poll shows Gov. Arnold Schwarzenegger's public opinion rating has ...Los Angeles Times''Gov. Arnold's Ratings Drop Like A Rock''Auburn JournalGovernor's Approval Ratings At All-Time LowKCBSSan Francisco Chronicle -San Diego Union Tribune -Press-Enterpriseall 236 news articles »Morningstar's Realpoint Acquisition Boosts Its Credit-Rating Business - DailyFinanceMorningstar's Realpoint Acquisition Boosts Its Credit-Rating BusinessDailyFinanceIn December, Morningstar joined the lucrative credit-ratings business. And now this week, it has made another move in that market with the purchase of ...Morningstar to Buy Credit Rater RealpointWall Street JournalMorningstar buying rater of structured financeReutersMorningstar buys ratings firmPensions & InvestmentsChicago Breaking Business - Tribune (blog) -PR Newswire (press release) -BusinessWeekall 65 news articles »R rating is a must for Aussie kids - Herald SunThe AgeR rating is a must for Aussie kidsHerald SunAnd if we want to protect children from the worst video game titles, then Australia needs to bring in an R rating for games. This will make a new category ...Aussie gamers closer to getting mature ratingsComputerandvideogames.comMichael Atkinson resigns from front benchNEWS.com.auGamers 'cautiously optimistic' over Atkinson resignationARNnetComputerworld Australia -Kotaku Australia -Adelaidenowall 50 news articles » |
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