Toyota and Mazda Motor Corp. are set to announce later today a partnership TOKYO (AP) - Toyota Motor Corp. reported Friday that its fiscal first quarter profit rose 11 percent as sales improved around the world, including in the U.S., Europe and Japan. Toyota's April-June profit of 613.0 billion yen ($5.6 billion),
Management
South African Airlines recorded losses in 7 consecutive years, on the brink of bankruptcy
...airline urgently shopping for bailout of about $60 million ...unions allege institutional corruption South African Airways (SAA) has run out of money and is teetering on the edge of bankruptcy, according to information given to the country's parliament. It is thought the national carrier may soon be unable to pay salaries. The cash-flow
Uber’s Search for New C.E.O. Hampered by Deep Split on Board
SAN FRANCISCO U.S.A — Some members of Uber’s eight-person board were excited about the idea of Meg Whitman becoming the ride-hailing company’s next chief executive. Ms. Whitman, the chief executive of Hewlett Packard Enterprise and a former leader of eBay, appeared to have many of the right traits for the job: experience, maturity,
Police disrupt plot in Australia to ‘bring down plane’
- Four men suspected of planning an improvised device attack were arrested in raids on homes in several Sydney suburbs. - Prime Minister Malcolm Turnbull said security had been increased at all major Australian airports Police disrupted a "terrorist plot" to bring down a plane and arrested four men on Saturday in
Bring back toll gates on the Highways, Luxury Bus Owner begs Nigerian government
... Minister, Senate also in support of return of toll plazas on highways When on January 1, 2003, then Nigerian President, Olusegun Obasanjo decided to scrap toll gates on highways nation-wide his reason was that they had outlived their usefulness. Speaking on a Federal Radio Corporation of Nigeria (FRCN) forum tagged: The President
Lagos shuts down logistics for Saturday LG election
....Restriction to last for 8 hours Nigeria. The Government of Lagos State of Nigeria on Sunday announced that it will restrict movement of persons in the state for 6 hours for its local government election, holding on July 22, 2017, from 7 am to 2 pm. The State’s Commissioner for Information and Strategy, Mr.
How Lufthansa lifted 60 million passengers in 6 months
No-go zones for Uber SA emerge following a driver attack
South Africa: Over 15 pick-up areas across Gauteng territory have been declared no-go zones for picking up and dropping off due to the ongoing clashes between metered-taxi operators and Uber drivers. According to a report in Tuesday’s edition of The Star, the Uber Drivers Movement shared a list of the pick-up points that have
Airports’ lease agreements favour concessionaires – Aviation unions
Two major Nigerian aviation unions, Association of Nigeria Aviation Professionals (ANAP) And the Nigeria Union Of Pensioners (NUP), Federal Airports Authority of Nigeria (FAAN) branch have reiterated their opposition to the ongoing process of concessioning four major airports in the country, noting that the concession agreements favour only the concessionaires. The
Amid rising taxi violence, Uber asks SA police for help
... Metered taxi operators unleashing violence and threats against Uber drivers ...Uber partnered with multiple private security to provide security and medical services in emergency situations. Uber has condemned the intimidation against driver-partners and riders at the Gautrain Stations across Gauteng and formally asked the Police Minister and the Minister of Transport to