Transatlantic airline OpenSkies was launched a year ago this month to tap the booming market of premium-class business travel.
The Organisation for Economic Cooperation and Development urges the Government to impose swingeing spending cuts.
July 3 (Reuters) - The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream. Some existing producers also have shut down or curtailed output at mines and plants and announcements continue to trickle through despite the recent metals price rises. Below are details of major projects and facilities ...
The State Capital Investment Corp., which manages shares for the government, announced it has sold its holdings in 66 companies for VND229.92 billion (US$13 million) in the first six months of the year.
LONDON (Reuters) - Euro zone inflation is forecast to have slipped into negative territory for the first time in the trading bloc's history in June, dragged down by lower energy and food prices, data are expected to show on Tuesday.
July 2 (Reuters) - Japanese retailer Aeon Co Ltd plans to open more discount stores to target frugal consumers by pricing products 20 percent to 30 percent lower than other supermarkets, the Nikkei business daily reported without citing sources. Under the plan, the company, which operates the Jusco store chain, would open 10 stores a year and convert struggling supermarkets, the paper said. ...
29 June 2009 Saudi Arabia is continuing to drain its foreign assets to fund record spending this year and prevent its economy from sliding into contraction although oil prices have exceeded its budget projections, official data showed yesterday.
Retailers are increasingly using sophisticated techniques to target where and when they offer discounts in a bid to boost margins even as sales slump.
U.S. stocks have bounced off their March lows in the most dramatic rally since the 1930s, but as the first half the year draws to a close some investors think the recovery has gotten ahead of itself and that the market is due for a correction this summer.