NetEase Financial News, 27 January The following is January 27, the world’s major financial media headlines
“New York Times”: the four major U.S. airlines through asset restructuring efficiency
Despite the global economic situation is poor, but the four major U.S. airlines last year were profitable. U.S. Continental Airlines, Delta Airlines, American Airlines and Southwest Airlines cut flights and raise fares by maintaining the normal operation. Although the U.S. economy is showing strong signal, but the airlines in the financial statements show that they still adhere to this policy will be determined. Last year, oil prices reached an average $ 100 a barrel, which is equivalent to 2008 levels, but the airline to produce higher-than-expected earnings. Massachusetts Institute of Technology Research Center of International Aviation excellence that the airline, airlines through mergers and acquisitions he believes a good way to control costs.
“USA Today”: the California zero-emission vehicles to vote this weekend to force bill
the United States to vote in California this weekend, the force in 2025 every seven years ago, there is a zero emission car or hybrid vehicle bill. The new regulations aim to California in 2025 will have 1.4 million zero-emissions hybrid vehicles, but the target may also be postponed to 2050, the target for the infrastructure projects will start early in 2015. Other parts of California will lead the United States, the first implementation of the new cars and trucks in greenhouse gas emission standards. California Air Resources Board Chairman Mary Nichols that the law will cut 75% of exhaust pollution, and to establish a nationwide demonstration effect.
“The Guardian”: EU Greek bonds held by the public sector will receive a higher proportion of write-down
EU officials prepared to admit, the European Union of Greek bonds held by the public sector may need to make greater sacrifices, otherwise Europe will face a sovereign debt default risk. The EU said the aid package to Greece last year as part of the plan have been identified for the EU Greek public sector debt held by € 30 billion write-down, but the scale may not be enough. Held by the public sector in the EU Greek bonds, a considerable part of the European Central Bank. International Monetary Fund president Christine Lagarde ? Thursday urged all parties to make concessions to end the debt write-downs around Greece for several weeks on the dispute, the dispute has caused turbulence in international financial markets.
“Daily Telegraph”: Royal Bank of Scotland CEO pay up to seven million pounds last year
Royal Bank of Scotland said in a statement late Thursday, the bank CEO Stephen ? Hearst (Stephen Hester) 2011 annual bonus of 96.3 million pounds. Prior to receiving financial aid this bank under political and public pressure, promised to pay bonuses to their CEO will not exceed 100 million pounds. However, the bank admitted that under long-term incentive plan (LTIP), Hearst still be eligible for rewards of up to 480 million pounds. This means that Hearst last year’s total compensation, including £ 1.2 million and 42 million pounds salary pension, up to £ 7,380,000.
“Japan Times”: Japan’s NEC Group plans to cut 10,000
Japan’s NEC Group Thursday announced plans in the first half of fiscal year 2012 cut 10,000 jobs worldwide, including in Japan to cut 7,000 jobs, cut 3,000 jobs overseas to offset the revenue loss caused by the appreciation of the yen. The NEC Group, said the global economic downturn and the impact of Japan’s economic slowdown, the Group is expected to decline in annual revenue in 2011, the net loss of 10 billion yen, 400 billion yen while layoffs and other restructuring costs incurred as a special loss, higher than previously expected 15 billion yen net loss. The NEC Group announced in April 2011-December, the group net loss of 97.52 billion yen, higher than last year’s losses of 53.57 billion yen the same period, sales of 2.11 trillion yen, down 3.5%. Last year, the NEC Group and China’s Lenovo Group announced a joint venture, to enter the Japanese market of personal computer business, within three years a 30% market share, Lenovo stake in the joint venture 51%, NEC Group holds 49%.
“The Times of India”: India, the EU intends to reduce import tariffs on cars
Government of India announced cuts import tariffs on European cars, India, EU free trade agreement as part of the first to enter the Indian market, Japanese auto makers expressed opposition, including Ma Ludi Japanese companies, including Suzuki’s called fair competition the environment. The Indian government has agreed to enter into bilateral trade agreements and the European Union under the conditions of a specific number of cars to reduce import tariffs, Ma Ludi Suzuki said the Indian government’s move against the current market of imported cars in India is 100% nominal tariff, car import tariffs 60% said the insider, 60% of the tariff is the starting point for negotiations the EU in India. Indian government is currently studying the EU import tariff quota for cars, not only Audi, BMW and Mercedes Benz and other luxury car manufacturers to increase revenue, and Volkswagen, Fiat, Peugeot and other companies are expected to benefit benefit.