Makes and Models

RBA Says Slower Growth and Inflation Boost Rate-Cut Scope

10 Feb 2012

The Reserve Bank of Australia lowered its forecasts for growth and inflation this year, enabling policy makers to reduce the benchmark interest rate should the economy weaken significantly.

Air Canada posts bigger than expected loss

9 Feb 2012

(Reuters) - Struggling with higher fuel and maintenance costs, Air Canada reported a bigger than expected quarterly loss on Thursday, disappointing investors in the wake of strong performances from fellow Canadian and U.S. airlines. Revenue growth did not keep pace with surging operating costs, Canada's biggest airline said, and its battered stock fell more than 12 percent to close at C$1.15 on ...

Lagerfeld makes nice with Adele. Singer proud of her body

9 Feb 2012

(Reuters) - Fashion designer Karl Lagerfeld has apologized for calling British singer Adele "a little too fat", saying he is a huge fan. But the husky-voiced singer -- due to make a much anticipated performance comeback at the Grammys on Sunday -- says she has no problem with her weight. "I've never wanted to look like models on the cover of magazines. I represent the majority of women and I'm ...