Over the last 11 years, Asia’s IPO market has ascended while the U.S. market has imploded. Led by China, which has raised $76 billion through IPOs in 2010, Asia’s share of global IPOs has increased from 12% in 1999 to 66%. Mean…
Wireless technology company Novatel has agreed to buy Enfora, a provider of asset management solutions for $64.5 million in cash, in a move to expand its presence into new markets.
Continue reading Novatel Wire…
Flying home this holiday season could cost you a lot more than last year as increased demand pushes up airfares.
A return ticket from Philadelphia to Orlando over Thanksgiving is 59% more expensive than in 2009, USA Today reported. A round trip from …
Rolls-Royce shares dropped further on Monday as investors fretted about the impact of problems with Rolls-Royce engines on Airbus A380s.
Last week, a Rolls-Royce engine exploded during a Qantas Airways (QUBSF) flight from Singapore to Sydney, forcing an emergency landing in Singapore. Today, Qantas said it found oil leaks in the engines of some of its grounded A380s.
Rolls-Royce…
Continue reading Rolls-Royce Shares Continue Slide on Airbus Concern
Rolls-Royce Shares Continue Slide on Airbus Concern originally appeared on DailyFinance on Mon, 08 Nov 2010 08:24:00.
Filed Under: Company News, Technology, Stocks in the News
Engineers found oil leaks in three engines in Qantas Airways’ (QUBSF) grounded fleet of Airbus A380s, CEO Alan Joyce said.
Engineers found the leaks as they performed safety tests after last week’s incident where an engine on an A380 exploded in mid air during a Singapore-Sydney flight, forcing the plane to perform an emergency landing.
The three engines with leaks were on three…
Continue reading Qantas Finds Three of Its A380s Have Leaking Engines
Qantas Finds Three of Its A380s Have Leaking Engines originally appeared on DailyFinance on Mon, 08 Nov 2010 07:28:00.
Filed Under: Company News, Technology