AirAsia X extends ULD contract with Unitpool

KUALA LUMPUR: Low-cost long-haul airline AirAsia X recently signed a five-year extension of agreement with Swiss asset management company Unitpool AG (Unitpool) to support the airline’s ambitious cargo growth plans.With the extension of this agreement, Unitpool will provide for AirAsia... more »

Bank of America names new CEO

WASHINGTON: Bank of America said it had named a top manager, Brian Moynihan, as the new chief executive officer to take over from embattled Kenneth Lewis, stepping down after being embroiled in a storm.Moynihan, 50, is currently president of consumer... more »

Shell Malaysia appoints new chairman

KUCHING: Shell Malaysia announced yesterday the appointment of Mohd Anuar Taib as its chairman with effect from Jan 1, 2010.Anuar who is currently vice-president Malaysia for Shell Upstream International Asia and managing director Sarawak Shell Bhd and Sabah Shell Petroleum... more »

Petronas bags four Iraq oil field devts

KUCHING: Petroliam Nasional Bhd (Petronas), together with foreign consortiums, has secured four of the five bids submitted to develop oilfields in Iraq.AmResearch Sdn Bhd (AmResearch) in a research report yesterday cited that the four fields comprising Majnoon, Halfaya, Badra and... more »
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