Articles by Michael Smith and Raju Gopalakrishnan

EU Safety Regulator Orders A380 Engine Inspection

Europe’s aviation regulator said fire from an oil leak was the likely cause of last week’s engine failure of a Qantas A380 plane and ordered stringent inspections on super jumbos using Rolls-Royce engines. Qantas said on Thursday it expected its …

Qantas Grounds A380s for 3 More Days to Inspect Engines

Australia’s Qantas Airways has grounded its A380 fleet for at least another three days as it investigates oil leaks as a possible cause of the explosion which tore apart one of the super jumbo’s engines last week. Qantas shares fell …

Tight Market Drives Australian Companies into Deals Abroad

Cash rich Australian companies are being forced to search offshore for takeover targets as the small local market has become too consolidated to get deals past the competition watchdog. With the Aussie dollar at a 28-year high, now would be …