Newsvine - business - Wire
David Letterman doesn't even need writers to have fun with this one. The late-night comic's representatives met with striking writers on Friday in an attempt to reach a deal that will allow the "Late Show" to return to the air with its writing staff.
Shanghai Daily: Business - shanghaidaily.com
CHINA Eastern Airlines Corp and Singapore Airlines are fully committed to the agreed upon sale price of HK$3.80 a share, officials from the two carriers said in Shanghai yesterday. "This is the only and final plan that has been approved by the Chinese government, and to achieve the plan has become our task," Luo Zhuping, China Eastern's board secretary, said in response to Air China's potential to disrupt the deal. "We only choose to work with top companies, which can improve our products and mechanism, and we believe the restructuring of state-owned enterprises requires opening up," Luo said. Singapore Airlines Ltd and its parent Temasek Holdings Pte signed an agreement last month to buy 24 percent of China Eastern Airlines Corp at HK$3.80 a share. Under the terms of the deal, Singapore Airlines will spend HK$4.7 billion (US$602.48 million) on a 16-percent stake in China Eastern, and Temasek will buy an 8.3-percent stake for HK$2.5 billion. China