Business News Archive - August 11, 2008

By Sean O'Grady SIR RICHARD Branson, the owner of Virgin Atlantic, has written to American presidential candidates Barack Obama and John McCain, warning that a link-up between British Airways and American Airlines would be anti-competitive.

MALAYSIA Airlines Cargo Sdn Bhd (MASkargo) last Wednesday handled the largest movement of sea-air transhipment conversion in partnership with Damco, out of Port of Tanjung Pelepas (PTP).

VIJAYAWADA: Sixty-five passengers, including BJP leader M Venkaiah Naidu, had a providential escape here on Friday when the Hyderabadbound Kingfisher Airlines flight suffered a bird-hit at the Gannavaram airport when it was ready for take-off .

By Anshul Dhamija BANGALORE: If you thought the Chennai-Bangalore ticket price was already unaffordable - a one-way ticket ranges between Rs 3,000 and Rs 5,000 - be prepared to shell out another Rs 675.

By Presenna Nambiar ASIA'S private aviation industry is expected to get a boost, amid a growing number of high net worth individuals and the limitations of comercial airlines.

NEW DELHI: The incessant rainfall on Friday resulted in major traffic jams due to waterlogging at many spots and major arteries, leaving the commuters stranded for hours in long snarls.

By Vasantha Ganesan FONTERRA, the dairy company whose brands include Anlene, Fernleaf and Anmum, expects Malaysia to remain its third largest market in Asia and the Middle East as it continues to innovate and market more products here.

By Ooi Tee Ching AMERICAN agribusiness giant Cargill Inc, which owns palm oil refineries in Kuantan and Port Klang, is keen on buying into cocoa and specialty fats businesses in Malaysia.

By Hamisah Hamid WESRIA Food Sdn Bhd, a Bumiputera food court management company, plans to strengthen its foothold in the country before expanding abroad. The company, which claims to be the biggest local food court operator in malls, is eyeing food court management at local public universities.

SEREMBAN: Fish breeders at Kampung Gadong Lama are badly affected by illegal sand mining at Sungai Gadong SC. The illegal activity had caused sections of the riverbank to collapse. Fish breeder Jasni Buang, 52, said it was not the first time that illegal sand mining had taken place.

Word of the Day
  • The parings of haberdine; also, any kind of fragments.
The word 'gubbings' is a variant of the word 'gobbon', meaning 'a portion, gobbet.'