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EC report on Lubeck airport subsidies expected soon, says Infratil

EC report on Lubeck airport subsidies expected soon, says Infratil

Oct 11 (BusinessDesk) - Oct. 10 (BusinessDesk) – The European Commission is expected to reveal the findings of a five-year investigation into alleged state aid to Lubeck Airport in Germany by the end of 2012 or early in 2013, according to former owner Infratil. The update of the...

10 Oct 2012
While you were sleeping Alcoa, Chevron drop

While you were sleeping Alcoa, Chevron drop

By Margreet Dietz Oct 11 (BusinessDesk) - Equities slumped after Alcoa slashed its outlook for global aluminum demand and Chevron warned third-quarter profits will not meet expectations, bolstering concern about the impact of slowing economic growth on corporate earnings. Share...

10 Oct 2012
NZ shares fall as Arrium exits Steel and Tube, Asian markets decline

NZ shares fall as Arrium exits Steel and Tube, Asian markets decline

By Paul McBeth Oct. 10 (BusinessDesk) - New Zealand shares fell for a second day as investors wound down stakes in other companies to buy a flood of shares in steel products-maker Steel & Tube after its Australian parent exited the firm, and as stocks across Asia fell amid fears...

10 Oct 2012