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Cathay Pacific posts first-half net loss of HK$935 mnHong Kong (AFP) Aug 8, 2012 Cathay Pacific Airways posted a first-half net loss of HK$935 million ($121 million) on Wednesday, citing higher fuel prices, strong competition and economic instability in Europe. The blue-chip Asian airline's biggest loss since 2003 compared with a first-half net profit of HK$2.81 billion a year earlier, representing a 133-percent reversal. Revenue rose 4.4 percent to HK$48.86 billion. Cathay shares closed down 4.33 percent at HK$12.36, as analysts expressed surprise at the depth of the loss d ... read more |
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  Correlation between injection wells and small earthquakes Most earthquakes in the Barnett Shale region of north Texas occur within a few miles of one or more injection wells used to dispose of wastes associated with petroleum production such as hydraulic f ... more | .. |
 Venezuela to aid Argentina drill for oil Venezuela is helping Argentina drill in the South Atlantic waters close to the British-ruled Falkland Islands as Buenos Aires drums up Latin American support for its claim on the territories. ... more | .. |
 Activist arrested trying to block plane at Paris airport A French environmental activist has been arrested after sneaking on to the tarmac at Paris's Charles de Gaulle airport and trying to block an Airbus A319 from taking off, officials said Tuesday. ... more | .. |
 Hong Kong to restrict foreign homebuyers from 2013 US judge OKs partial settlement in e-book case Nordic-Baltic states seek more cooperation Outside View: Jobs outlook grim Empire-style computers? Frenchman takes PCs to lap of luxury Google-Microsoft field smartphones to take on iPhone 5 EU businesses urge China's new leaders to speed reforms |
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 Turkish gas firms eyeing Bulgarian market Private Turkish natural gas suppliers are seeking opportunities to make inroads into the Bulgarian market, Energy and Economy Minister Delyan Dobrev says. ... more | .. |
  Saab, Spyker file $3bn claim against GM Dutch carmaker Spyker said Monday that it has filed a three-billion-dollar (2.4-billion-euro) claim in a US court against General Motors, whose actions it said led directly to Swedish Saab's bankruptcy last year. ... more | .. |
 China welcomes Sudan, South Sudan oil deal China on Monday welcomed an oil deal between Sudan and South Sudan and urged both nations to find the "political courage" to overcome the remaining issues that have brought them to the brink of war. ... more | .. |
 Volcano ash disrupts New Zealand flights A volcanic eruption at New Zealand's Mount Tongariro spewed out an ash cloud 20,000 feet (6,100 metres) high, disrupting flights and closing highways, officials said Tuesday. ... more |
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Common inhalers carry heavy climate cost, study finds
Biodegradable microplastics disrupt soil carbon balance and microbial life
Slovenia avalanche death toll rises to three; One dead,100s rescued after heavy snow in China | .. |
 Hong Kong Airlines plays down growth ban Hong Kong Airlines Monday played down the impact on its business of an unprecedented aviation authority ban on expanding further until it meets all safety requirements for operating a larger fleet. ... more | .. |
 Blast interrupts Iraq-Turkey oil pipeline An overnight blast in southeastern Turkey interrupted oil flow from Iraq, with Kurdish rebels suspected to be behind the explosions, Turkish and Iraqi authorities said Monday. ... more | .. |
 Oil down in Asia ahead of China trade data Oil prices were down in Asia Monday with traders taking profits from a rally last week as they awaited the release of Chinese trade data later in the week, analysts said. ... more | .. |
 Sleepy tropical island belies bold China sea claims China's newest city might appear to be a tranquil outpost in the South China Sea, but the beaches and palm trees of Sansha are at the heart of a growing territorial dispute. ... more |
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 Detentions as Vietnam breaks up anti-China protest Vietnamese police detained at least 20 people on Sunday as they broke up a protest in Hanoi against Beijing's territorial claims in the disputed South China Sea, witnesses said. ... more | .. |
 Somali war linked to brewing oil dispute The military offensive by Kenyan and Ethiopian forces against Islamic al-Shabaab fighters is gearing up for an assault on the Indian Ocean port of Kismayo that's increasingly seen as a key element i ... more | .. |
 Research could lead to improved oil recovery, better environmental cleanup Researchers have taken a new look at an old, but seldom-used technique developed by the petroleum industry to recover oil, and learned more about why it works, how it could be improved, and how it m ... more | .. |
 China hits back at US over South China Sea China on Saturday attacked US criticism of its decision to set up a new military garrison in the South China Sea, saying it sent the "wrong signal" and threatened peace in the hotly disputed waters. ... more |
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Shield or Spark? The U.S. Golden Dome and the New Missile Arms Race
Space Force awards launch missions to SpaceX, ULA
We need a solar sail probe to detect space tornadoes earlier, more accurately | .. |
GM says China sales hit record high in July US auto giant General Motors said Monday that its sales in China surged to a record 199,503 vehicles in July, defying a market slowdown and moves by a major Chinese city to limit car numbers. ... more | .. |
 Chinese state media blast US over sea criticism China's state-controlled media lashed out at the United States on Monday, accusing Washington of "trouble-making" over criticism of Beijing's claims to a wide swathe of the disputed South China Sea. ... more | .. |
 Australia's Hawk jets reach 75,000 hours Australia's Hawk 127 jet trainers have reached the milestone of 75,000 flying hours, the Australian Department of Defense said. ... more | .. |
 Japan's ANA posts small Q1 net profit, reversing loss Japan's All Nippon Airways (ANA) on Friday posted a net profit of 668 million yen ($8.55 million) in its fiscal first quarter to June, reversing a year-earlier loss, thanks to increased travel demand. ... more |
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 Toyota says quarterly profit skyrockets to $3.71 bn Toyota said Friday that its quarterly net profit skyrocketed to $3.71 billion and it upped sales targets, as the Japanese auto giant recovered from last year's quake-tsunami disaster. ... more | .. |
 Is the Eurozone Doomed? An Interview with Mike Shedlock As markets continue to yo-yo and commentators deliver mixed forecasts, investors are faced with some tough decisions and have a number of important questions that need answering. On a daily basis we ... more | .. |
 Pedestrianised Left Bank could spell Paris logjam: report Plans to pedestrianise a stretch of the Left Bank in Paris could spell traffic chaos for the French capital, regularly ranked among Europe's most congested cities, a report said on Thursday. ... more | .. |
 ASEAN's South China Sea row rumbles on The Philippines summoned the Cambodian ambassador to explain comments in a newspaper over the South China Sea dispute between the Philippines and China. ... more |
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Firefly Aerospace to Acquire SciTec in $855M Deal Expanding National Security Portfolio
China's premier to visit North Korea this week
Ukraine finds Western parts in Russian drones, missiles: Zelensky | .. |
 Poll: Many think in-car technology a risk Most American car owners think automakers have gone too far with in-car connectivity technology that is distracting and dangerous, a poll found. ... more | .. |
 Investigations of Shell's Nigeria spills a 'fiasco': Amnesty Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility. ... more | .. |
 Argentina looks to China to fund shale oil Frustrated in its attempts to draw Western investors into Spanish oil company YPF it nationalized in April, Argentina is looking to China to fund its future plans to produce shale oil and natural gas. ... more | .. |
 Boeing 737 Performance Improvement Package Delivers on Promise to Cut Fuel Burn Customers of Boeing's Next-Generation 737 are validating the benefits of the industry-leading Performance Improvement Package (PIP), one year after the first airplane PIP airplane was delivered. PIP ... more |
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 BAE Systems wins South Korean F-16 upgrade BAE Systems pipped Lockheed Martin to a $1.1 billion contract for upgrading South Korea's aging F-16 jet fighters - a Lockheed Martin aircraft. ... more | .. |
Toyota recalls 600,000 vehicles in Europe Japanese automaker Toyota said Thursday it was recalling 600,000 vehicles in Europe to check for loose nuts in the rear wheel area, following a similar recall in the United States. ... more | .. |
 Baghdad reels as Total signs with Kurds The Iraqi government's oil dispute with the semiautonomous Kurdish enclave reached crisis point Tuesday after French oil giant Total signed an exploration deal with Kurdistan, an act of defiance that could affect Baghdad's ambitious plans to quadruple oil production. ... more | .. |
 JAL net profit more than doubles to $343 mn Japan Airlines, which just two-and-a-half years ago went bankrupt in one of the country's worst corporate failures, said Thursday first quarter net profit more than doubled to 26.9 billion yen ($342.75 million). ... more |
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