British luxury airline suspends operations
London - British business class airline Silverjet said Friday it was suspending operations with immediate effect due to a cash crisis. Silverjet, which was founded in January, 2007, flies from London to New York and Dubai. ...
[Posted
on :
2008-05-30 ] Category : [
UK (Business) ]
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US stocks rise amid higher oil price, orders increase
New York - US stocks edged up on Wednesday as rising oil prices spurred energy companies and the government said durable goods orders unexpectedly rose in April. Crude oil climbed 2.18 dollars to 131 dollars per barrel in New York trading. Morgan Sta...
[Posted
on :
2008-05-28 ] Category : [
UK (Business) ]
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British luxury airline's shares suspended amid cash crisis
London - Shares in newly-founded British business class airline Silverjet were suspended Friday after the group said that a vital cash injection from a Middle Eastern investor had failed to materialize. Silverjet, which was founded in January, 2007, ...
[Posted
on :
2008-05-23 ] Category : [
UK (Business) ]
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M&S reports healthy profit despite slowing sales
London - Britain's Marks & Spencer (M&S) retail chain Tuesday reported annual profits of just over 1 billion pounds (2 billion dollars) despite a fall in sales in the first three months of this year, the company said. Profits up to the end of March 2...
[Posted
on :
2008-05-20 ] Category : [
UK (Business) ]
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