Qantas forecasts profit to slide by up to 90%

Qantas said it expects its profits to fall by as much as 90% amid growing losses at its international operations and its "highest ever fuel bill".

Malaysia Airlines shares dip on 2011 loss

Shares in Malaysia Airlines have dipped after the carrier said it was in a "crisis" as it reported a loss for the last financial year.

Canon to build laser-printer factory in Philippines

Japanese high-tech giant Canon said on Tuesday it would build a laser-printer factory in the Philippines in anticipation of strong growth in global demand.