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- Edition: 1500
Headlines
Contents US moves to block
biggest airline merger
The airline industry's biggest merger was in danger of being grounded after the US Justice Department moved to block it because of competition concerns.
Cathay posts first-half profit
Cathay Pacific Airways, the world's largest international air cargo carrier, is scaling back seating capacity on some long-haul routes to offset declines in its air freight business, allowing it to post a first-half net profit, reported Reuters.
Chennai to convert coal berth into container terminal
The Chennai Port Trust plans to convert the Jawahar Dock (East) berth into a small container terminal, reported The Hindu.
ANA on shaky ground as competition hots up
ANA Holdings's once-promising chances of logging another record operating profit for fiscal 2013 are fading because of worse-than-expected losses at core business unit All Nippon Airways, reported Nikkei Weekly.
Changi eyes India airports business
Singapore's Changi Airports International is among five parties who are vying to acquire a stake in the airports business of India's GVK Power & Infrastructure, the finance director of GVK said.
Port of Tauranga buys half of Timaru port
New Zealand's biggest export port, the Port of Tauranga, has bought a 50 percent shareholding in the Timaru port company in the country's South Island. Port of Tauranga said it would pay US$17.
Kawasaki Kisen to build facility near Laem Chabang
Kawasaki Kisen Kaisha is planning a logistics centre near Thailand's largest port to capitalise on increased demand for distribution of vehicles and parts in Asia, according to Nikkei Report.
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