Public figure at helm of private company
Times Online – The man of many political nicknames, such as Tarzan, Hezza and the Mane Man, says that he plans to buy the remainder of the company and is determined to keep the business private. “I get very nice letters from people in the City inviting me to

Two major carriers may join business-class warfare
Minneapolis Star Tribune – This is clearly a real opportunity for us,” Walsh said. Lufthansa dipped its toe in this market in 2002 with a single flight in a partnership with the Swiss charter jet company PrivatAir. Lufthansa said recently that it was expanding its all business

India’s i-flex April-June net up 4.6 pct
Reuters – The company, majority-owned by U.S. business software firm Oracle Corp. (ORCL.O: Quote , Profile , Research ), said consolidated net profit rose to 367 million rupees ($9 million) from 351 million rupees reported a year ago under the Indian accounting

Defying naysayers, Iridium finds a business model
Computerworld Australia – Left for dead by many observers in the IT and telecommunications worlds just seven years ago, the reborn Iridium Satellite, which provides satellite-based communications services, is showing new signs of life. In an announcement Friday, the company

Traffic spike forces Internet company to upgrade infrastructure
Computerworld Australia – As a result the company undertook an extensive audit before making the decision to use a hosting and business infrastructure services provider. The company selected BlueCentral (formerly destra Hosting) which has data centres in Australia, the United

Global Business News
RTT News – The Hamilton, Bermuda-based Ingersoll-Rand Co. Ltd. (IR), a diversified industrial company, announced that it has agreed to sell its Bobcat, Utility Equipment and Attachments business units to South Korean construction-equipment maker Doosan

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