Britain's Chancellor of the Exchequer, Alistair Darling, today unveiled the country's final annual budget before the general election. The biggest announcements included abolishing stamp duty on homes under £250,000 for…
Cabin crew workers at British Airways have begun a three-day strike, affecting over 60,000 people, after last-minute talks between BA and the union, Unite,
Aer Lingus, an Irish airline, has announced that it will cut about 230 staff in the near future in compulsory job losses, bringing the total number of layoffs from the airline to 670. 440 other workers will face…
Canadian airline Air Canada has said that it will be laying off 1,010 machinists seconded to work at the Aveos Fleet Performance aircraft maintenance
Toyota has been accused by a U.S. House of Representatives committee with misleading the public and investigators over its recent
Former US President Bill Clinton left New York Presbyterian Hospital on Friday after undergoing an hour-long operation to insert two stents into one of his coronary arteries the previous day. Clinton has had previous…
Global stock markets fell steeply on Thursday on investor concerns about the growing sovereign debts of European Union member states Greece, Portugal, and Spain. A report of a rise in weekly jobless claims in the United…
Japan's Nikkei newspaper reported that Toyota is poised to recall 270 thousand gas-and-electric Prius vehicles (model ZVW30) sold in the US and Japan between May and December 2009, due to a flaw in the car's anti-lock…
Honda have issued a recall for 646,000 cars around the world due to a potential fault that could cause a fire. The recall involves the 'Jazz' range of cars, which is known by its alternative name, Fit, in some
Ford Motors Co., the automobile manufacturing firm, has posted an annual profit for the last year of US$2.7 billion, the first gain for four
According to administration officials, US president Barack Obama is to announce a partial government spending freeze to try and lower the country's current US$1.4 trillion deficit in the 2011
RMS Queen Elizabeth 2 (the QE2) will not be sailing to Cape Town, South Africa. Cape Town has refused the vessel permission to berth for use by owner Dubai World as a floating
A committee of Welsh Assembly politicians has called for an extensive programme of works to upgrade the railways in Wales, saying that Wales is not being treated fairly in comparison with other parts of the United…
The health department in Guizhou province, China has ordered three batches of milk products to be removed from sale after the discovery they contain melamine. In 2008 six children were killed by milk contaminated with…
Bill Gates, the world's richest man and chairman of Microsoft, has said that he thinks it could take several more years for the global economy to rebound after the recent recession, which most economists believe began…
Japan Airlines (JAL), Asia's largest airline, is expected to file for bankruptcy protection on Tuesday, bringing an end to months of speculation about the airline's financial future, riddled by
The U.S.-based multibillion dollar online search engine, Google Incorporated, has announced Tuesday in a public statement on its official blog that the company has been the victim of a "highly sophisticated" and…
United Parcel Service (UPS), the world's largest package delivery service, has announced that it will cut 1,800 administrative and managerial
The Bank of England has held UK interest rates at 0.5% for another month. The rate is the lowest ever, and has remained in place since March last year as part of the central bank's response to the global financial…
This Tuesday, at a wholesale auction at the Tsukiji fish market in Tokyo, a 512-pound bluefin tuna was sold for over sixteen-million yen ($177,000 USD). The great fish was bought and then shared by the owners of a local…
