Daily Archives: Aug 11, 2012

Struggling Indian carrier Kingfisher Airlines waited until Saturday morning to release it’s latest quarter of disappointing results. The company suffered a $117.7m net loss, on $54.5m in revenues.

That was better than last quarter, which saw the company report its worst ever loss of $206.6m, but it’s hardly going help Kingfisher pay down its $1.5bn in debts, or the salaries of employees who haven’t been paid in months. Read more

In the time it takes to run round the Olympic track with a broken leg, here’s the week in emerging markets in a nutshell – your top 10, five things we learned this week, and the week in one chart. Read more