 | OCS ties up with Tadmur
to enter Qatari market
OCS GROUP, United Kingdom´s
largest family-owned international
facility management company
with $1.1 billion turnover,
on Tuesday announced a joint
venture (JV) agreement with
Tadmur Holding to start ...
|
|
| | Qatar Airways to convert A330 jets into freighters |  QATAR Airways, which last year
took a big stake in a European
freight carrier, will convert up to
20 of its Airbus A330 passenger
jets into freighters, its chief
executive said on Tuesday.
Qatar Airways CEO Akbar al
Baker said an announcement
could be made at the Farnborough
air show in July.
"We are in talks with EFW,
negotiations are going on about
the delivery schedule. We should
be able to come up with something
at Farnborough. It should
be about 15 to 20 aircraft," he said
at a Dubai travel show.
Airbus unveiled the ´passengerto-
freight´ option for the A330 at
the Singapore Air Show in
February, in a deal with
Singapore´s ST Aerospace and
... | | | BP profit falls 14% in Q1 as
Gulf spill costs still weigh |  BP REPORTED a biggerthan-
expected profit drop on
the back of a fall in production
prompted by the need to
sell oil fields to pay for the
Gulf of Mexico disaster, raising
concerns about the oil
group´s turnaround plan.
Europe´s second-largest oil
company by market value
said on Tuesday output would
continue to decline in the second
quarter, helping send its
shares down 3.6 percent to
429.3 pence against a 0.2 percent
drop in the Europe 600
Oil and Gas index .
The shares are down 8.9
percent so far this year,
against a 1.8 percent average
drop among its industry
peers.
Analysts at Citigroup said
they had doubts about BP´s
ability to increase output,
keep a lid on ... | | | Chinese economy on recovery
path after first quarter trough |
 CHINA´S official purchasing
managers´ index (PMI) rose to
a 13-month high in April, signaling
the economy has found
a footing and may be recovering
from a first-quarter trough,
but smaller factories are still
struggling.
The pick-up in the PMI to
53.3 from 53.1 in March indicated
a further expansion in
the vast factory sector,
although it was slightly below
market expectations of 53.6.
Readings above 50 signal
expansion while those below
50 point to contraction.
The manufacturing output
sub-index rose to 57.2 from
55.2 in March. However, the
National Bureau of Statistics
noted many important industries
remained weak with index
readings below 50 ... | |
|
|
|
