Business News Archive - September 30, 2008
LEADING ARTICLE The idea of replacing Heathrow should not be dismissed out of hand Those who have been following the evolution of Conservative Party policy under David Cameron might have sensed the way the wind was blowing, but yesterday's announcement still came as a surprise.
A couple from Devon have sent bailiffs to recover money from an airline. Tracey and Shane Booth from Exmouth say they were left to foot the bill after they had to drive 1,000 miles home when their easyJet flight was cancelled.
By Presenna Nambiar AIRASIA is the big winner with the opening up of the KL- Singapore route, but the move is not expected to rock the boat much for competitors Malaysia Airlines (MAS) and Singapore Airlines (SIA).
Business News In Brief Tripartite merger talks between the travel operator Thomas Cook, its German rival Tui and Lufthansa, which had aimed to merge the three groups' budget airline businesses in Germany, collapsed yesterday when Thomas Cook said its Condor division had a better future on its own.
Tories in brief AIRPORTS Campaigners and environmentalists hailed Conservative plans to scrap the proposed third runway at Heathrow, as the party pledged to replace it with a network of high-speed railways linking London with Birmingham, Manchester and Leeds.
I felt, like Victor Meldrew, "I don't believe it" after reading the revelations by James Brent and Paul Carroll of Plymouth City Development Company who advocate that Plymouth's occupants should 'talk up' Plymouth and stop whingeing, but then go on to state, "if we're promoting Plymouth to investors we shouldn't be saying we have a limited airport on our doorstep; we should say that we have a big airport just 45 minutes away at Exeter".
Food Revolt: I was recently discharged from Ward 109 at the City General after a stay of 12 days, the first eight of which I was not allowed solid food. This turned out to be a blessing, as after my operation, I was allowed to eat the food supplied by Sodexo.
The prediction from the head of the Soil Association, Patrick Holden, that "all farming will go organic" could easily be filed under the heading "wishful thinking".
By Cherie Gordon A rescue mission is under way as farmers desperately take advantage of the dry weather to salvage their crops after a washout summer. But despite a fortnight of sunshine, Westcountry farmers have still suffered losses after constant downpours.
STEEL pipe maker Hiap Teck Venture Bhd said fourth quarter net profit jumped almost eight times, thanks to higher business volume and steel prices. For the fourth quarter ended July 31, it posted a net profit RM73.47 million, against RM9.25 million a year ago.
- The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.