The Oman Railway Company (ORC) unveiled a list of pre-qualified consortiums to undertake its national railway project on Wednesday, according to a report by theTimes of Oman. The company said it plans to float a tender, inviting bids from pre-qualified companies for constructing the first package of the 170-km Sohar-Buraimi route this month.
Updated 5 Years ago

It took three years for 32-year-old Chu Jia to make the change from being an anxiety-ridden full-time housewife to a confident working mother after her marriage failed. After obtaining a master’s degree in media communications in 2008, Chu worked at a public relations company until she quit when she was six months pregnant. She became a full-time housewife and mother.
Updated 5 Years ago

"The whole world knows what I have been through. This is my unique advantage. Those who come will be prepared to accept whatever I have to say," she says. "That's part of the reason I am confident my show will be a success." Jin was born in 1967 and underwent transsexual surgery in 1995. She is one of the most famous modern dancers in China, and the founder and director of Jin Xing Modern Dance Company.
Updated 5 Years ago

Struggling Skymark Airlines Inc. said Thursday it will stop flying from Narita airport, Japan’s second-biggest airport, to focus on operations from Haneda, the nation’s busiest airport, and also plans to raise ticket prices on almost all its routes. Skymark, Japan’s third-largest airline after All Nippon Airways and Japan Airlines, said Thursday that it will halt all three of its flights from Narita, in Chiba Prefecture. It will stop flying from there to Sapporo , Yonago in Tottori Prefecture and Naha in Okinawa, as revenue on those routes has been squeezed by stiff price competition with low-cost carriers or other factors, Skymark said.
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OMAHA, NEBRASKA – The stock price of Warren Buffett’s Berkshire Hathaway topped $200,000 for the first time Thursday. Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,740 Thursday morning. The shares have long been the most-expensive U.S. stock. Buffett has never split Berkshire’s A shares, although he did create more affordable Class B shares in 1996 that now sell for just over $134.
Updated 5 Years ago

Digital cameras and smartphones have become so pervasive that many people think film cameras are now fit only for antique collectors. Fujifilm Corp., however, is bucking the trend, successfully targeting young female consumers with its Instax instant camera series, better known as Cheki in Japan.
Updated 5 Years ago

Four BMW dealers in Wuhan, Hubei province were the first to be fined by China's anti-monopoly campaign targeting luxury automakers, eeo.com.cn reported on Wednesday. It said Hubei Province Price Bureau fined the four dealers a combined 1.63 million yuan ($264,773) for deceptive pricing and setting unified prices for pre-delivery inspections (PDI).
Updated 5 Years ago

Brazilian state lender Banco do Brasil posted adjusted net income of 3.00bn reais (US$1.32bn) in the second quarter, up 14.0% year-on-year, according to the bank's latest financial results release. The result also came in above the market estimate of 2.55bn reais, as reported by investment bank JPMorgan, reflecting higher than expected net interest income (NII) and lower than forecast expenses.
Updated 5 Years ago

Colombia is looking at banks, multilateral organizations, bonds and infrastructure funds to finance its ambitious 47tn-peso (US$25bn) highway program dubbed 4G, Portafolio newspaper reported. Tenders have been delayed for months and some of them have received few bids given the lack of financing sources. Insurer AIG said several highways could be difficult to award as traffic estimates for 20 to 25 projects – of the 40 in the program – were overstated, and anticipated possible financial strains in tenders.
Updated 5 Years ago

Gold production at Vancouver-based B2Gold's El Limón mine in Nicaragua will be impacted by delays to the installation of a water pump well, according to company filings. The pump well, designed to remove excess underground water, was delayed partly by two fatalities during separate incidents at the mine during the second quarter, as well as by the late receipt of approvals and installation delays, the company said in its Q2 management's discussion and analysis (MD&A) report.
Updated 5 Years ago