Recent Posts

Hostel ‘behind bars’

  AFP Fancy spending the night in a former military prison that is now a youth hostel with an artistic twist? In Slovenia you can, and with a clear conscience about your ecological footprint. The technicolour building in Ljubljana was originally a jail built by the occupying Austro-Hungarian army in 1882 and remained in use until Yugoslavia fell apart in ...

Read More »

JET Airways records $19mn profit in Q1

  Emirates Business Jet Airways Group announced its fifth successive profitable quarter for the period ending June 30 based on continuing improvement in aircraft utilization, increased efficiency and reduction in cost, including non-fuel expenses. Consistent financial performance has enabled Jet Airways to further reduce its debt by US$ 53m during Q1 of FY17. Cost per available seat kilometre (CASK) excluding ...

Read More »

China state grid said to near control of $7bn utility CPFL

  Bloomberg State Grid Corp. of China reached a deal to gain control of Brazil’s CPFL Energia SA, after two major shareholders agreed to sell the Chinese company their stakes in the $7.3 billion utility, people with knowledge of the matter said. Bonaire Participacoes and Banco do Brasil SA’s pension fund, known as Previ, have given informal approval to sell ...

Read More »
Send this to a friend