A shortage of fuel keeps Australian passenger planes grounded and the Dow Jones Company loses an intellectual property battle in China. Thousands of airline passengers have been delayed at the international airport in Sydney, Australia, due to a shortage of jet fuel. The airport has rationed its fuel to 35 percent of its normal output after the temporary shutdown of a Sydney refinery owned by Shell Corporation.
A separate refinery had already reduced its output by 50 percent while it conducts routine maintenance.
Warren Bennett, head of the Board of Airlines Representatives of Australia, told the Australian Broadcasting Corporation that the shortage has had a broad impact.
"Every international airline has certainly been affected," he informed. "They need to reorganize their refueling schedules to be able to meet the impact of the shortage in Sydney."
Australia's federal government says it is taking steps to prevent such a shortage from happening again. Airlines say they are examining possible legal options.
Victor Li, the son of Hong Kong tycoon Li Ka-Shing says he is launching a bid to rescue Air Canada, which filed for bankruptcy protection in April. Mr. Li, a naturalized Canadian citizen, says he is making the rescue bid in a personal capacity, and that none of the public firms controlled by the Li family would be involved in the investment.
Air Canada Management is expected to decide on a winning bid by the end of October.
A Chinese court has ordered the Dow Jones Corporation to pay a calligrapher $50,000 in a dispute over a hand-drawn character the U.S. company was using as a logo.
Calligrapher Guan Dongsheng says the company asked him to draw the character "Dao" - meaning noble way - as a gift for the Dow Jones chairman in 1994. But Mr. Guan says he retains the rights to the character, not Dow Jones.
The company argued Mr. Guan gave oral permission for the company to use the character as its corporate logo in China. But the court was not convinced and ordered the publishing company to stop using the character and pay the settlement.