Recent Posts

Singapore Inc. buys $1bn stocks in Alibaba

Alibaba copy

  Singapore / Bloomberg Singapore’s state-owned investment firms Temasek Holdings Pte and GIC Pte, long-term Alibaba Group Holding Inc. investors, bought a combined $1 billion of stock in the Chinese e-commerce behemoth, the second-biggest stakes being sold by SoftBank Group Corp. The purchases add to the technology holdings of both investment firms. Temasek and GIC were early investors in Alibaba ...

Read More »

Cathay Pacific in talks with Airbus for A350 planes

Cathay

  London / Bloomberg Cathay Pacific Airways Ltd. said it’s talking with Airbus Group SE about the planemaker’s proposal for a bigger version of the newest A350 wide-body, a model which needs to attract a strong set of initial customers to get the go ahead. Cathay, which already has 48 A350s on order, is keen on a so-called stretched variant ...

Read More »

Air India to offer low fare to students

Airindia 911259f copy

  New Delhi / Tribune News Service Air India will offer discounted tickets for students travelling for educational purposes on all its domestic flights during the lean season of July and August. Students can fly for Rs.3,500 for distances up to 1,000 km and at Rs.5,500 for over 1,000 km. Tickets must be booked between June 1 and August 31 ...

Read More »
Send this to a friend