Company Watch - British Airways.
Aug 27, 2007 British Airways executives set to be named in US price-fixing case. Ten past and present British Airways executives face a possible US criminal probe in a price-fixing case that has already cost the company [pounds sterling]270m in fines, according to US court papers. The...

Summer of scandal: accounting tricks, software scams, price fixing make 2002 a tech summer to forget. (Business of Technology).
April is the cruelest month, the poet T.S. Eliot once wrote. It appears that for our industry, cruelty is making a late arrival. The month of July took the prize as the most scandal-filled four-week period in high-tech history. Accounting fraud, Department of Justice probes, anti-trust investigations, and just...

Company Watch - Virgin Group.
Aug 13, 2007 JetBlue, American Airlines and other rivals are competing on price, but JetBlue has no first-class seating and bigger airlines risk irritating frequent fliers, who relish upgrades, by filling their premium seats, especially at a discount. Some industry experts believe Virgin America will capitalize on...

Blunt: 'Choice Is Cornerstone of Prescription Drug Program'.
WASHINGTON, Jan. 12 /PRNewswire-USNewswire/ -- House Republican Whip Roy Blunt (Mo.) today voted to give seniors the ability to choose their own drugs and pharmacists as the Democrats passed legislation replacing private sector competition within the Medicare prescription drug benefit with inefficient government price controls. "The cornerstone...

Cement companies sticking too close, says watchdog.
NEW DELHI: The country's fair trade watchdog on Thursday held 42 cement makers, including L&T Cement, Birla Cement, Grasim and ACC, guilty of cartelisation under the aegis of Cement Manufacturers' Association. A good decision by the Monopolies Commission, you'd think, and bad behaviour on the part of...

Capturing the criminality of hard core cartels: the Australian proposal.
[This article reviews the proposal to make serious cartel conduct a criminal offence in Australia. It analyses the extent to which the proposal captures the criminality of the conduct to which it will apply; in particular; its culpability, harmfulness and moral wrongfulness. Two key assumptions underpin this analysis. First,...

Company Watch - Qantas Airways.
Aug 13, 2007 Qantas announced the Leigh Clifford, the recently retired CEO of UK and Australia-based mining company Rio Tinto, will replace Margaret Jackson as chairman when she retires in November. "I am personally delighted to be passing the mantle of Qantas chairman to someone of Leigh's...

Airline Finance News - Europe.
Aug 27, 2007 Alitalia Alitalia flew 3.75 billion RPKs in July, the same number as the year-ago month. Capacity fell 0.1% to 4.72 billion ASKs, lifting load factor 0.1 point to 79.5%. Aug 24, 2007 Alitalia, Alitalia Express Alitalia's new chairman,...

Company Watch - British Airways.
Aug 20, 2007 British Airways in South American rethink With an 88% load factor last year on its London - Sao Paulo route, one of the highest on its long haul network, British Air is rethinking its South American operation. Nothing is likely to happen until summer...

Market review in an extraordinary month in the salerooms, many record prices were set, but as several high-priced lots failed to sell, is the market beginning to slow down?
[FIGURE 4 OMITTED] The big two auction houses have been so successful in expanding the global reach of their client base that it seems that everyone, everywhere wants to buy art. After creating this ravenous monster, the only thing in plentiful enough supply to feed it is--by...