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- Edition: 1452
Headlines
Contents FAA to delay closure of air traffic control towers
The Federal Aviation Administration said it would delay for two months the closure of 149 control towers at small airports to mitigate risks associated with the move and fight legal challenges to the closures, reported Dow Jones Newswires.
End of Duesseldorf, Cologne strikes near
Security personnel at the German airports in Duesseldorf and Cologne may not go on strike again as their union and the employer association have agreed on wage increases, after walkouts had led to hundreds of flight cancellations in recent weeks,
Auckland port extension under attack
Ports of Auckland's latest plans and charm offensive to extend the city's port into the Waitemata Harbour are being slammed by some business groups and boaties, reported the New Zealand Herald.
Dockworkers at HIT
stage protest march
The dispute between striking dockers and the container port operator Hongkong International Terminals (HIT) escalated yesterday, with thousands of workers and their supporters staging a protest march.
Petronas raises MISC buyout price
Petroliam Nasional (Petronas) will now have to pay more than US$2.94 billion to privatise its shipping arm MISC after revising its takeover offer price, reported Business Times Malaysia. Petronas yesterday raised its offer to RM5.
HK shipowners seize chance as Africa trade soars
Burgeoning trade between China and Africa and sales by German shipping investment funds have combined to create opportunities for two fledgling Hong Kong ship owners, reported the South China Morning Post.
UPS appeals EU rejection of $6.7b TNT Express bid
United Parcel Services Inc has appealed the European Union regulator's decision to block its US$6.7 billion bid for Dutch competitor TNT Express, a UPS spokeswoman told Reuters.
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