Business News  

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May 22, 2012 06:01
Qantas Airways has announced plans to separate its domestic airline business from its loss-making international operations.
The announcement came Tuesday, a day after the Australian flagship carrier announced it was eliminating 500 heavy maintenance jobs.
...
May 22, 2012 02:41
Nissan's upscale Infiniti brand unveiled its new global headquarters in Hong Kong on Tuesday, as the Japanese automaker uses the southern Chinese financial center to grab a bigger piece of the world's top car market.
Nissan Motor Co. President and CEO Carlos Ghosn dotted...
May 22, 2012 02:05
Australia and Malaysia have signed a free trade agreement that includes opening the services sector when it comes into force next year.
Officials say the pact, concluded after 11 rounds of talks, will allow duty free entry for all Malaysian goods into Australia and nearl...
May 22, 2012 01:20
Hopes China will announce new measures to boost economic growth helped push Asian stock markets higher Tuesday.
Investors were encouraged by weekend statements from Chinese Premier Wen Jiabao, who promised to spur growth in the world's second-largest economy, a shift fro...
May 22, 2012 01:10
Oil prices hung below $93 a barrel Tuesday in Asia, holding gains from the previous day as crude followed global stock markets higher.
Benchmark oil for June delivery was up 10 cents to $92.67 a barrel in electronic trading on the New York Mercantile Exchange. The contra...
May 22, 2012 01:04
Microsoft Corp. CEO Steve Ballmer met Seoul education officials Tuesday to discuss using digital technology in classrooms as South Korea prepares to replace paper textbooks with digital ones.
Software companies are vying for their products to be used in South Korean scho...
May 21, 2012 20:17
Airlines are reserving more seats for passengers willing to pay extra to be near a window, aisle or the front of the plane. That's making it harder for many families to sit together without coughing up roughly $25 more per ticket, each way. Booking early helps, and there are other ways...
May 21, 2012 17:21
If you're flying this summer, be prepared to kiss your family goodbye at the gate. Even if they're on the same plane.
Airlines are reserving a growing number of window and aisle seats for passengers willing to pay extra. That's helping to boost revenue but also making it...
May 21, 2012 16:33
Oil prices rose Monday as encouraging signs about the economy in the United States and China tempered concerns about Greece's debt crisis. Here's how energy contracts traded.
On the New York Mercantile Exchange:
Benchmark crude rose $1.09 to finish at $92....
May 21, 2012 14:28
Wheat 3,769 bushels: 6 cents higher to 18 1/4 cents higher; No. 2 hard 6.60-6.87 3/4n; No. 3 6.49-6.86 3/4n; No. 2 red wheat 6.80-7.72 3/4n; No. 3 red wheat 6.69-7.71 3/4n.
Corn 20,230 bushels: 9 1/4 cents higher to 6 cents higher; No. 2 white 6.75-6.90n; No. 2 yellow 6....
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