Reuters: Global Markets: Qantas shares rise on Emirates alliance report

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Qantas shares rise on Emirates alliance report Jul 26th 2012, 00:46 SYDNEY | Wed Jul 25, 2012 8:46pm EDT SYDNEY (Reuters) - Shares in Australia's Qantas Airways (QAN.AX) rose as much as 6 percent on Thursday after a newspaper reported the national carrier was in talks with gulf airline Emirates EMIRA.UL on an alliance. Qantas shares rose to A$1.05, having slumped to an all-time low of A$0.96 last month after warning of mounting losses from its international operations.

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