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Qantas passengers treated for heat exposure SYDNEY: Soaring cabin temperatures meant 50 passengers and crew had to be treated for heat stress Monday on a Qantas domestic flight in Australia, after a problem with the air-conditioning.The flight was heading from Sydney to the Australian island of Lord Howe, a journey of around two hours, but was forced to turn back. "QantasLink flight QF2260 travelling from Sydney to Lord Howe returned to Sydney due to a technical issue with the air-conditioning system," a Qantas spokeswoman said in a statement."Passengers and crew are being treated for heat exposure at the airport and two passengers were taken to hospital."Paramedics were called to Sydney Airport to meet the flight and assess around 50 passengers and crew for dehydration, the New South Wales Ambulance Service said."That's what we were called for, reports that passengers on the flight had suffered from a high heat for a sustained period of time," a spokesman ...

Indian state resumes land takeover for POSCO steel mill BHUBANESWAR: Indian authorities said on Sunday they had resumed acquiring land for South Korean steelmaker POSCO's planned $12 billion steel mill in Odisha state under tight security, a day after three protesters were killed by crude bombs. POSCO announced plans for the mill on a fertile strip of India's east coast seven years ago but there has been little progress, largely because of opposition from farmers and battles over environmental clearance. About a month ago, ...
Taiwan touch panel maker TPK to invest $1bn: report TAIPEI: Taiwan's TPK Holding, a leading manufacturer of touch screens for Apple, will invest up to Tw$30 billion ($1.01 billion) this year to meet robust demand for mobile and other devices, media reported Sunday. The capital will be used to raise production on the island and in China's coastal Fujian province, company chairman Michael Chiang said while breaking ground for a new plant in central Taiwan Saturday.Its existing research and development unit in Taiwan will ...
SpaceX WASHINGTON: A privately-owned unmanned US space capsule neared the International Space Station early Sunday, preparing to dock to deliver food, scientific materials and other crucial equipment."Dragon is scheduled to be captured Sunday at 6:31 am EST (1131 GMT) by NASA Expedition 34 Commander Kevin Ford and NASA Flight Engineer Tom Marshburn," the US space agency NASA said in a statement.NASA said SpaceX's Dragon would be installed onto the Earth-facing port of the ISS's Harmony module ...
Struggling Gulf Air sacks staff as unions reject revamp DUBAI: Bahrain's loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has annoyed unions over heavy job cuts.The company said this week it had sacked 15 percent of its staff and closed four more routes in January as it pressed ahead with a restructuring plan that it launched a month earlier.The carrier, one of the Gulf region's oldest airlines, has been struggling to cut ...
France mulls diesel car scrappage bonus: paper PARIS: France is considering creating a car scrappage scheme for owners of older diesel vehicles as the country reviews a pro-diesel policy criticised as costly and contributing to health risks. Diesel accounts for 80 percent of road fuel consumption in France, supported by lower fuel taxes compared to gasoline. Like in other European countries, diesel has been favoured on the basis that it offers greater fuel efficiency. But this predominant role has been questioned after ...
Turkish Airlines still in talks over big aircraft order ISTANBUL/FRANKFURT: Turkish Airlines is still in negotiations for an order for over 100 aircraft, a spokesman said, after a German report that a deal with Airbus had not come off during a trip by German chancellor Angela Merkel to Turkey.Turkish Airlines wanted up to 120 of the European planemaker's A320 aircraft but held back from signing at the last minute after the airline said it wanted more Turkish suppliers to be involved, German magazine Focus ...


Index Closing Chg%
Arrow DJIA 17,122.01 0.09
Arrow Nasdaq 4,569.62 0.02
Arrow S&P 2,000.12 0.01
Arrow FTSE 6,830.66 0.12
Arrow DAX 9,569.71 0.19
Arrow CAC-40 4,395.26 0.04
Arrow Nikkei 15,534.82 0.09
Arrow H.Seng 24,918.75 0.62
Arrow Sensex 26,560.15 0.44

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 25, 2014
Reserves $13.925 bln