• British high court rules BA’s planned Christmas strike illegal

    British high court rules BA’s planned Christmas strike illegal

    17/12/2009 05:00

    British High Court ruled on Thursday that a strike by British Airways (BA) cabin crew planned for Christmas is illegal. British Airways has launched legal action to stop cabin crew striking for 12 days over the extremely busy Christmas and New...

  • Asia needs low interest rates amid recovery, ADB says

    Asia needs low interest rates amid recovery, ADB says

    16/12/2009 05:00

    Asia should keep interest rates low even as China, South Korea and other emerging economies in the region may grow at the fastest pace in three years in 2010, the Asian Development Bank said....

  • Wall Street refreshes year highs on Dubai’s bailout, XTO deal

    Wall Street refreshes year highs on Dubai’s bailout, XTO deal

    15/12/2009 05:00

    Wall Street refreshed the highs of 2009 on Monday as Abu Dhabi provided a 10-billion-U.S.-dollar bailout to Dubai while Exxon Mobil is to acquire XTO Energy for 31 billion dollars. Exxon Mobil CEO Rex W. Tillerson addresses reporters at a news...

  • Delegates stuck outside climate conference

    Delegates stuck outside climate conference

    15/12/2009 05:00

    A failed security system caused a huge backlog for delegates returning from a one-day break to start the second week of the United Nations climate change conference in Copenhagen. Delegates to the United Nations climate change conference are...

  • Suicide car bomb kills 8, wounds 40 in Afghan capital

    Suicide car bomb kills 8, wounds 40 in Afghan capital

    15/12/2009 05:00

    A powerful blast that rocked Afghan capital Kabul Tuesday morning killed eight people and injured 40 others, Interior Ministry said in a statement. Afghan security personnel inspect the site of an explosion near the resident house of former vice...

  • TeliaSonera launches world’s first 4G services

    TeliaSonera launches world’s first 4G services

    15/12/2009 05:00

    As the first operator in the world, TeliaSonera, a Swedish telecommunications company, on Monday launched 4G services commercially to customers in Stockholm and Oslo. “The use of mobile broadband in the Nordic countries is exploding and customers...

  • Abu Dhabi provides $10 bln to cover Dubai World’s debt

    Abu Dhabi provides $10 bln to cover Dubai World’s debt

    15/12/2009 05:00

    The Abu Dhabi government has agreed to fund 10 billion U.S. dollars to Dubai to meet upcoming obligations on the state-owned conglomerate Dubai World. Investors look at stock exchange information at the Dubai Financial Market December 14, 2009....

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