China’s Alibaba to buy stake in SingPost for $249M
(28 May) A major move to step up its international presence, Alibaba Group announced on Wednesday that it will purchase a 10.35% stake in SingPost, Singapore’s national postal service provider, for $249 million. The deal will render Alibaba the second largest shareholder in publicly-traded SingPost, after the government-controlled...
Anti-immigration parties causing earthquakes in EU
UK Independence Party leader Nigel Farage (above) and Ukip candidate Diane Jones celebrate the party's stunning victory in the European Parliament elections in Britain, while Ms Marine Le Pen, the head of France's National Front, was in a triumphant mood in Paris as the results of voting came through, declaring that...
SIA plane hits aerobridge at Sydney Airport
A news.com.au reader tweeted this photo. THE pilots of this Singapore Airlines plane have been left a little red-faced after it struck an aerobridge at Sydney Airport this morning. It is believed the A380 had just landed and was pulling into the gates when one of its engines impacted the aerobridge. A spokesperson for Sydney...
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