British Airways is on the verge of joining forces with Spanish carrier Iberia after revealing both companies' boards' unanimously support an all-share merger. In a statement British Airways said it was in talks with Iberia with a view to an all-share merger of the two companies.
Marathon talks in Geneva aimed at liberalizing global trade have collapsed admitted the head of the World Trade Organisation Pascal Lamy. Officials have blamed China, India and the US for failing to agree on import rules.
More than a third of people in the UK believe the Government is primarily responsible for high fuel prices, a new poll has shown.
World trade talks entered a second week on Monday in Geneva with the United States representative accusing India and China of endangering the success of the discussions for having rejected a compromise painfully worked out by WTO Director General Pascal Lamy.
The People's Bank of China, (central bank) in a summary of its second-quarter policy meeting, pledged to keep a consistent monetary stance, the same word used on Friday by the top leadership of the ruling Communist Party to describe the planned thrust of economic policy for the rest of 2008.
Australian investigators are exploring the possibility that an oxygen cylinder could have exploded mid-flight on the Qantas jumbo jet from London that was forced to plunge 20,000 feet and make an emergency landing in the Philippines.
The current ministerial summit in the framework of the WTO Doha Round of world trade talks has been extended until Wednesday in an effort to save the negotiations from collapse.
A hole the size of a small car in the underside of a Qantas jumbo jet carrying 346 passengers forced the pilot to make an emergency landing Friday after a rapid descent over the South China Sea
Southern Chile's Chaiten Volcano, which erupted in early May for the first time in recorded history, is once again making its presence felt.
Critics have increased the pressure on British Prime Minister Gordon Brown after Labor's defeat in the Glasgow East by-election, but colleagues have leapt to his defense