TIGER Airways has named former Virgin Blue senior executive Andrew David as its latest Australian CEO. Mr David replaces former Group CEO Tony Davis, who has been handling the Australian operations but will leave the company on Nov 1.
Australian stocks joined a global sell-off early Tuesday, tracking U.S. losses, with the benchmark S&P/ASX 200 tumbling 4% to 3,828.10. Top losers included Fortescue Metals Group Ltd. , down 7%; Fairfax Media Ltd. , falling 6.4%; and Virgin...
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