Word: australia
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...Fall. While most airlines are nickel and diming their passengers, in a bit of refreshing news, Qantas is cutting fees. Since the cost of fuel has dropped, you'll pay less in fuel surcharges, which are normally tacked onto fares: They'll go down $20 on Qantas flights from Australia to Europe, and $10 from Australia to the U.S. It's not much, but when's the last time you remember an airline saving you money...
Chilling out is no mean feat for traders and investors these days, though; they appear to see panic selling as the better option. On Friday, Hong Kong's Hang Seng fell 7.19%, while trading in Australia shot down 8.2%. Japan's Nikkei index dropped 9.62%, bringing its total loss for the week to 24%. Even before Asia's miserable day was over, European markets gave new force to the glumfest, opening with plunges near or in double digits. By day's end, those declines had been scaled back to 8.85% on London's FTSE 100, 7.7% on Paris...
...left out one of Australia's environmental heroes, Senator Bob Brown, of the Greens party. Colin Kennard, Brisbane, Queensland...
...expatriates and business travelers, has created a niche opportunity for foreign businesses. Several U.S.-based companies are setting up and managing hospitals and Western-style outpatient clinics through joint ventures with Chinese companies. About half the physicians of such companies are expats--typically from the U.S., Canada and Australia...
...market had initially been buoyed by decisions that occurred before it opened - both the Fed's decision to buy the short-term debt, called commercial paper, that companies issue to fund expenses like payroll and inventory, and the Reserve Bank of Australia's surprising decision to cut its official interest rate by a full percentage point...