Singapore Airlines currently holds a 49 percent in Virgin, with billionaire Richard Branson holding a controlling 51 percent of the business. Should it become a reality, a partnership with Virgin would provide Delta with access to the lucrative transatlantic business travellers market that exists between the US and London.

It is a well-known fact that Delta has been looking to buy into Virgin for more than two years now as it looks to increase its access to London’s Heathrow airport, where Virgin is the second-biggest airline present.  

Flexible packaging and specialty paper manufacturer Packaging Dynamics Corporation has announced the acquisition of Groupe De Luxe.

Headquartered at its Montreal manufacturing base, with facilities in Toronto, Chicago and Saugerties, New York, De Luxe is a North American manufacturer of flexible packaging products for food service, bakery, supermarket, confectionery, dairy, and other specialty applications.

Royal Dutch Shell scooped two honours in the Platts Global Energy Awards in New York City last night.

The awards program, now in its 14th year, is one of the energy industry's premier recognition events and often referred to as the "Oscars" of the energy industry.

Netherlands-based Royal Dutch Shell took the much sought-after Energy Company of the Year and Commodity Excellence Award for Natural Gas.

The deal will see the company set up a joint venture with Hutchison China MediTech and will give Nestle exclusive access to more than 50,000 extracts that are used in the manufacture of Chinese medicines. The joint venture, called Nutrition Science Partners Limited (NSP), will develop and manufacture nutritional and medicinal products.

The deal comes as the global market for Chinese medicines expands. It is valued at more than $83bn by the World Health Organization. In China alone, the industry produced almost $48bn worth of such medicines in 2010.

A new report offers an insight into the dynamics driving the iron ore market, and a market outlook to 2020.

Each year APICTA recognises the best in innovation from across the Asia Pacific ICT community. This year’s event, hosted for the first time by Brunei, promises to break new ground.

Country Manager Shane Johnson explains how a team of experienced seismic experts is paving the way for others to reap the rewards that East Africa has to offer.

Iceland is no backwater, thanks largely to an innovative and forward looking business and entertainment sector supported by Síminn, one of the world’s most advanced telecommunications corporations.

Chief executive officer Marco Neelsen discusses the crucial role KBSP is playing in the development of Bahrain as a centre of trade and economic activity.

While analysts had forecast a 5.4 percent expansion, growth has actually been recorded as being 7.1 percent higher than at the same time last year. These latest figures reinforce the fact that the Philippines has had one of the better performing economies in the region throughout 2012.

Observers have reacted positively to the news, with many stating that these robust numbers suggest that the Philippines will likely exceed its target of achieving six percent growth over the fiscal year.