Kingfisher Air Seeks $234M Damages From Vendor IAE

Sept. 3 (Bloomberg) -- Kingfisher Airlines, the carrier that’s halted flights after defaulting on payments to employees and airports, filed a $234 million lawsuit for damages from International Aero Engines citing engine defects. Diana Monteiro reports on Bloomberg Television's "On The Move Asia." (Source: Bloomberg)

Are Markets Ready for a December Rate Hike?
19:43 - Martin Sass, chairman and chief executive officer at M.D. Sass, discusses U.S. interest rates, what a hike could mean for markets and where he sees opportunity. He speaks to Bloomberg's Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
  • What's Holding Apple's IBeacon Back?
  • Negroponte Doubts Warplane Shootdown Causes War
  • How Might Warplane Incident Impact Oil Prices?