Struggling Australian carrier Qantas to axe 5,000 jobs
Struggling Australian carrier Qantas Thursday said it will axe 5,000 jobs, defer aircraft deliveries and freeze growth at Asian offshoot Jetstar in a major shake-up after deep first-half losses, warning of more pain to come.
Max Petroleum may be up for sale
British Max Petroleum Plc, a Kazakhstan-focused oil and gas exploration and development company, may be on the verge of sale.
26 February 2014
Greenpeace accuses P&G over Indonesian forest destruction
Environmental group Greenpeace on Wednesday accused US consumer goods giant Procter & Gamble of responsibility for the destruction of Indonesian rainforests and the habitat of endangered orangutans and tigers.
GE to hike pro-environment energy research by $10 bn
US industrial conglomerate General Electric said Monday it would boost spending on environmentally friendly energy research by $10 billion by 2020, including on fracking technologies and wind turbines.