Qantas says no interest in Japan Airlines equity stake
SYDNEY (Reuters) - Qantas Airways (QAN.AX) has no interest in taking an equity stake in Japan Airlines, Qantas Chief Executive Alan Joyce told a business luncheon on Wednesday.
Japan Airlines has been sounding out trading houses and other business partners as potential investors ahead of its roughly $8 billion initial public offering slated for next month, sources with knowledge of the matter have told Reuters.
In June, Qantas warned of its first annual net loss since it was privatized in 1995, blaming deep losses at its international operations, weak travel demand and soaring fuel costs, sending its shares to a record low.
(Reporting by Narayanan Somasundaram; Editing by Ryan Woo)
WASHINGTON - U.S. small business sentiment bounced back from a seven-month low in November, with owners setting their sights on creating more jobs and expanding operations.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.