Cathay asks crew to volunteer for early retirement
Hong Kong flag carrier Cathay Pacific on Tuesday asked its cabin crew to volunteer for early retirement as part of its cost-cutting measures to boost profitability amid a global slowdown.
BoJ starts first meeting under new Japan government
The Bank of Japan on Monday began its first policy meeting since the new premier took office with a pledge to pressure it into aggressive monetary easing to revive the long-suffering economy.
Boeing suspends 787 deliveries
The American aerospace giant Boeing halted deliveries of its 787 Dreamliner on Friday but said it would continue to build the aircraft while safety experts examine its battery and electrical systems.
New UK Times editor raises Murdoch titles merger prospect
The editor of British newspaper The Sunday Times was appointed Friday as acting editor of its sister title The Times, raising speculation that media baron Rupert Murdoch may seek to merge the two.
19 January 2013
US House Republicans back 3-month debt limit rise
Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.
19 January 2013
US confronts new north Africa crisis
The United States was rocked Thursday by a new crisis spurred by Islamic militants amid a deadly hostage-taking in Algeria, prompting warnings to US interests in north Africa to boost security.
19 January 2013
Sony selling Madison Avenue HQ building for $1.1 bn
Sony said Friday it was selling its US headquarters in Manhattan for $1.1 billion as part of an overhaul aimed at rescuing the Japanese consumer electronics giant's tattered balance sheet.
19 January 2013
IMF releases aid to Greece after long delay
After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.