Currency exchange behind Asiana’s profit drop

A KRW74.3 billion net loss on foreign currency exchange has been blamed for Asiana Airlines' pre-tax profit drop of 75.5 per cent in its second quarter compared to the same period last year.

Centara offers package at Indian Himalayas resort

Moksha Himalaya Spa Resort, Centara Boutique Collection is offering a package for guests who stay a minimum of three consecutive nights that brings the cost of a suite down to as low as USD 450 nett ...

No deal: investment firm denies Club Med bid

The BMB Group, an investment and advisory firm, has denied claims that it will make a bid on Paris listed Club Med, a move which will value the company at €800 million.

The countdown to Ferrari World starts

The countdown has started and in 100 days, at noon on 28 October 2010, the world's first Ferrari theme park, and the largest of its kind, will open its doors to the public.