• World Biz  |  JUNE 18, 2013, 6:25 PM

    Aston Martin owner said asking lenders for debt cut

    Story by
    www.bloomberg.com

    Investment Dar Co, a shareholder in luxury British carmaker Aston Martin, is asking creditors to take a 50% writedown on the Kuwaiti company’s debt as it seeks to meet repayments after defaulting on a loan three years ago, according to three people familiar with the matter.

     
  • World Biz  |  JUNE 18, 2013, 5:24 PM

    Boeing sees chance to boost 787 order book by 60%

    Story by
    www.bloomberg.com

    Boeing Co said its stretched 787 Dreamliner promises to match sales of the smallest variant, boosting the plane’s order tally as much as 60%, as it expanded its wide-body lineup to blunt an Airbus SAS challenge.

     
  • World Biz  |  JUNE 18, 2013, 5:07 PM

    Axa plans to invest RM42 bil in infrastructure debt

    Story by
    www.bloomberg.com

    Axa SA, Europe’s second-largest insurer, plans to invest 10 billion euros (RM42.2 billion) in infrastructure debt over the next five years as low interest rates push European insurers to seek new investments.

     
  • World Biz  |  JUNE 18, 2013, 3:59 PM

    Qatar Airways orders nine Boeing 777 aircraft

    Story by
    www.bernama.com

    Qatar Airways announced on Monday that it has ordered nine Boeing 777 passenger aircraft during the Paris Air Show, Qatar News Agency (QNA) reported

     
  • World Biz  |  JUNE 18, 2013, 3:55 PM

    World’s biggest container lines pool vessels to restore rates

    Story by
    www.bloomberg.com

    AP Moeller-Maersk A/S, the world’s largest container line, said it will pool vessels with its two biggest competitors in an effort to manage overcapacity and raise unprofitable freight rates.

     
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