Iberia cabin crew cancel strikes in Spain
Madrid - Cabin crew of the Spanish airline Iberia have cancelled eight one-day work stoppages foreseen to start on November 30 and stretch into December, trade union sources said Friday. The unions said they had reached an agreement with Iberia on pa...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Asia's airlines see signs of recovery, expect heavy losses
Singapore - Asia's airlines saw some signs of recovery after passenger demand slumped during the global recession, the head of a regional industry body said Friday, but the business environment continued to be challenging. Hopefully, we are at least...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Japan falls back into deflation - Summary
Tokyo - Japan is back in a period of falling prices for the first time in three and a half years, the government said on Friday, while its central bank left a key interest rate unchanged and upgraded its economic outlook. Deputy Prime Minister Naoto ...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Thai exports fall 3 per cent in October, lowest this year
Bangkok - Thailand's exports hit 14.8 billion dollars in October, a decline of 3 per cent year-on-year, marking the lowest fall in 2009, the commerce ministry said Friday. Imports reached 13.1 billion dollars, down 17.5 per cent year-on-year. Thailan...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Nikkei down on Wall Street losses - Summary
Tokyo - Japan's key Nikkei index lost ground Friday following losses on Wall Street, logging its first four-week losing streak in more than one year. The benchmark Nikkei 225 Stock Average index was down 51.79 points, or 0.54 per cent, to close at 9,...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Bank of Japan keeps key interest rate steady at 0.1 per cent
Tokyo - Japan's central bank on Friday decided, as was widely expected, to keep its key interest rate unchanged at 0.1 per cent. At the same time, the Bank of Japan (BoJ) upgraded its assessment of the country's economy for the third month running. T...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Japanese stocks down on Wall Street losses
Tokyo - Stocks in Tokyo lost ground in early Friday trading following losses on Wall Street. The benchmark Nikkei 225 Stock Average index was down 119.88 points, or 1.25 per cent, to stand at 9,429.59, while the broader-based Topix index lost 7.20 po...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Report: Big rise in fraud by New Zealand managers
Wellington - Nearly two years of recession in New Zealand appear to have caused a big rise in theft and fraud by middle and senior managers employed by companies, according to a report released on Friday. Stealing and fraud committed by middle and se...
[Posted on :
2009-11-19 ] Category : [
Business ]
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US stock sell-off on fears of weak recovery
New York - US stocks followed global markets in a broad decline amid investor fears over the world's uneasy recovery from recession. Major US stock indices fell about 1 per cent on average, following hefty declines in the DJ Euro Stoxx 50 and Japan's...
[Posted on :
2009-11-19 ] Category : [
US (Business) ]
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Airbus transport customers fail to agree on troubled order
Berlin - The seven nations that ordered A400M military transport aircraft failed to reach any joint decision Thursday at talks in Berlin on the future of the Airbus plane, which has become a design nightmare. Defence departmental heads are to return ...
[Posted on :
2009-11-19 ] Category : [
Business ]
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