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France sells 49% stake in Toulouse airport to Chinese consortium

2014-12-08 01:00:00| Airport Technology

French economy minister Emmanuel Macron has announced that the government will be selling a 49.9% stake in Toulouse-Blagnac Airport to a Chinese consortium, in order to increase international air links in the south of France.

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Alaska Communications sells out of mobile for US$300m

2014-12-08 01:00:00| Total Telecom industry news

CGI Communications to take sole control of mobile joint venture, while Alaska Communications focuses on broadband and IT space.

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Louisiana Gas Station Accidentally Sells Gas for 29-Cents per Gallon

2014-12-05 21:36:07| Oil & Gas - Topix.net

A gas station in Natchitoches, Louisiana, made the mistake of selling supreme gasoline for the low price of 29-cents a gallon on Wednesday. The Chevron station sold the incorrectly priced gas from 6 a.m. until it was recognized at 2 p.m., according to WTXF-TV in Philadelphia.

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Singapore Airlines sells discounted Business Class tickets due to computer error

2014-12-05 09:30:45| Airlines - Topix.net

The airline says the tickets, sold at nearly half the normal price for Business Class, are only for Economy Class travel. It is offering a full refund, or will refund the difference between the fare charged and that for Economy Class.

Tags: business due computer class

 

Microsoft sells Nook stake back to Barnes & Noble

2014-12-05 08:58:00| Telecompaper Headlines

(Telecompaper) Microsoft is withdrawing from its investment in Barnes & Noble's Nook e-reader. The company acquired a stake in Nook Media in 2012, but has now agreed to sell it back to Barnes & Noble and end their commercial cooperation. The sale will help Barnes & Noble continue with its plan to separate its digital business from its traditional retail activities, a process expected to be completed by the end of August 2015. The announcement came alongside quarterly results showing Nook'a revenues down 41.3 percent year-on-year to USD 64 million. Device sales fell 63.7 percent to USD 18.7 million in the three months to October, and digital content sales dropped 21.2 percent to USD 45.2 million. Nook narrowed its EBITDA loss to USD 8 million from USD 38 million a year ago.

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