End of an era in Indian aviation as Goyal bows out

Jet Airways founder Naresh Goyal rose from humble beginnings to be undisputed king of India's skies. But now, at 69, massive debts have forced him to cede control of the pioneering airline he founded.

BA scrambles to address theft of passenger bank details

British Airways will financially compensate customers whose bank card data were stolen in a "sophisticated" and "malicious" hack, chief executive Alex Cruz said Friday as he apologised for the fiasco.

Student debt and economic hardship

Students who come out of college with debt—especially larger amounts—are more likely to face hardship and financial difficulty during their lives, finds a new study from Washington University in St. Louis.

'Sustainable fish' label comes under fire

The world's biggest scheme to certify that seafish come from sustainable sources has come under fire in a scientific journal, where researchers say the label is too generous and may "mislead" consumers.

Prepayment electricity metering leaves NZ children in the cold

A study by the University of Otago, Wellington just published in the New Zealand Medical Journal finds that households with children that use prepayment meters to pay for electricity experience greater levels of economic ...

Fines not fair for vulnerable

Despite recent amendments, Victoria's infringement system does not adequately consider the circumstances of disadvantaged and vulnerable people, new research has revealed.

Economists find kinship networks play key role to access credit

In times of financial hardship, or when opportunities arise, the ability to borrow can be critical. Some people rely on commercial lenders, while others depend on relatives, especially in developing countries. But a new study ...

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