Kuala Lumpur (AFP) - Malaysia Airlines will slash thousands of staff, trim routes, replace its CEO and could see future stake sales to outside investors under plans announced Friday to save it from bankruptcy after two devastating disasters.
Common sense won out twice in Wisconsin in the past two weeks. On September 11, Wisconsin Act 10 upheld in another federal court challenge.
A federal judge on Wednesday dismissed one of the lawsuits challenging Act 10, Gov. Scott Walker’s budget repair bill in 2011 that eliminated most collective bargaining powers held by Wisconsin public unions.
MUMBAI: Stock markets may cheer the Bombay High Court's move to stay the income tax department's decision to impose minimum alternate tax (MAT) on Aberdeen Global Emerging Markets. But, brokers and analysts do not expect the move to spark a sharp rally as the court had issued a stay on technical grounds. "I would say it's a step in the right direction. But while a stay order will have a positive influence, a conclusion on FII tax issue can only be drawn once the court gives its final verdict," said UR Bhat, managing director at Dalton Capital.