China Southern Airlines profit boosted by domestic growth, yuanChina Southern Airlines, Asia’s largest carrier, said net profit jumped 18 percent last year thanks to an increased focus on profitable domestic routes and a stronger Chinese currency. MGM China to open mega resort in Macau as high rollers returnMGM China is opening its new multi-billion-dollar mega resort in Macau's glitzy Cotai strip on Tuesday following multiple delays and last minute hiccups in the government approval process. Rupert Murdoch recovering from back injuryMedia tycoon Rupert Murdoch, 86, has told his staff he is recuperating from a back injury suffered while sailing earlier this month and may spend weeks working from home. Toyota discussing stronger alliance with MazdaTOKYO (AFP) - Toyota said Friday it would discuss strengthening its partnership with Mazda as reports said they were close to a deal on a capital tie-up and building a $1.6 billion factory in the United States. Twitter, Bloomberg team up for streaming news channelWASHINGTON (AFP) - Twitter is launching a 24-hour streaming news channel in partnership with the Bloomberg Media, in a major expansion of the social media firm's video operations, the two firms announced Monday. China Southern, American Airlines announce tie-upChina Southern Airlines said Tuesday it would sell almost a one-tenth stake to American Airlines in a $200 million tie-up that could see two of the world's biggest carriers cooperate in a range of areas. Air NZ sells Virgin Australia stake to China's NanshanWELLINGTON (AFP) - Air New Zealand said Friday it will sell the bulk of its stake in Virgin Australia to Nanshan Group, making the Shandong-based conglomerate the airline's second Chinese investor in as many weeks. Nissan shares skyrocket on share buyback announcementTOKYO (AFP) - Nissan shares soared on Monday morning as investors cheered the carmaker's plans for a share buyback, after a bloodbath on equity markets at the start of the year hammered the stock. Expedia unveils $3.9 bn deal for HomeAwaySAN FRANCISCO 5 (AFP) - US online travel booking giant said Wednesday it agreed to acquire the vacation marketplace HomeAway for $3.9 billion. AirAsia says re-starting Japan flights early next yearTOKYO (AFP) - AirAsia said Wednesday that it will start domestic and international flights from Japan early next year, after a high-profile exit from the market following the collapse of its joint venture with All Nippon Airways (ANA).
