Qantas to Cut 5,000 Jobs by 2017 Amid A$252M Loss

Feb. 27 (Bloomberg) -- Qantas Airways, Australia’s biggest airline, will cut 5,000 jobs and defer new jets after posting a A$252 million ($226 million) loss as Chief Executive Officer Alan Joyce steps up the case for government assistance. Dan Petrie reports on Blooomberg Television's "First Up." (Source: Bloomberg)
China Stocks Rally Looks `Overdone': McCarthy
57:34 - March 4 -- Michael McCarthy, chief strategist at CMC Markets in Sydney, talks about investment strategy in Australia and China, and why Australia's next rate cut could come in May. He speaks with Rishaad Salamat on Bloomberg Television's "Trending Business."
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