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Credit Suisse Cuts 650 Jobs In UK
Swiss banker Credit Suisse and the UK's HSBC bank are axing hundreds of jobs in Britain. 12/2008 ReutersClick to begin watching: Credit Suisse Cuts 650 Jobs In UK ...
Credit Crunch Claims Swiss Bank Jobs
Swiss bank Credit Suisse announces it will axe 5,300 jobs 12/2008 ReutersClick to begin watching: Credit Crunch Claims Swiss Bank Jobs ...
No Christmas Joy In Service Industry
The euro zone's services economy fell deeper into recession in November adding pressure for... 12/2008 ReutersClick to begin watching: No Christmas Joy In Service Industry ...
Auto union makes key concessions
The United Auto Workers union says it is willing to make key concessions to help the Detroit Three carmakers secure vital US government aid.Click to begin watching: Auto union makes ...
Europe's banks cut interest rate
The European Central bank has made its biggest ever cut, reducing the main lending rate.Click to begin watching: Europe's banks cut interest rate ...
California's car crisis
A look at how the California car industry has been affected by the economic downturn.Click to begin watching: California's car crisis ...
New car sales plummet
Sales of new cars in the UK fell in November by 36.8% on the previous year, to 100,333 vehicles, the biggest monthly drop in 28 years.Click to begin watching: New ...
Interest rates cut to 2%
The Bank of England has cut interest rates by one percentage point, from 3% to 2% - the lowest level since 1951.Click to begin watching: Interest rates cut to 2% ...
Mumbai Carnage: India's 9/11?
The attacks in Mumbai, India raise questions about whether India is facing its own 9/11 that... 12/2008 ReutersClick to begin watching: Mumbai Carnage: India's 9/11? ...
Sports Change The Game Plan
Top sports leaders are keeping close tabs on their roster of sponsors as they face harsh... 12/2008 ReutersClick to begin watching: Sports Change The Game Plan ...
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Review: Transporter 3
Published December 5, 2008, 8:19 am, Daily Mirror
Jason Statham once said he was never going to win an Oscar for a back catalogue that includes Crank, Death Race and The Bank Job.
Alaska Airlines’ monthly traffic dips again
Published December 5, 2008, 7:18 am, BizJournals
Traffic at Alaska Airlines and Horizon Air fell again in November, just like it did in October. (ALK)
No fare cut by Jet Airways
Published December 5, 2008, 7:14 am, Business Standard India
Amidst media reports of basic fare cut by Jet Airways, the country's largest private carrier today said it has not reduced its ticket prices or the prices of its low-cost airline JetLite on any route.
(AFX UK Focus) 2008-12-05 14:34 UPDATE 3-Turkey seen seeking $25 bln IMF deal
Published December 5, 2008, 7:04 am, Interactive Investor
By Hatice Aydogdu and Orhan Coskun
UPDATE 3-Turkey seen seeking $25 bln IMF deal
Published December 5, 2008, 6:35 am, The Forex Market
ANKARA, Dec 5 (Reuters) - Turkey is expected to seek a loan agreement with the International Monetary Fund amounting to $25 billion and it may take the form of an 18-month stand-by deal, government sources told Reuters on Friday.
(AFX UK Focus) 2008-12-05 13:46 TABLE-U.S. airlines November traffic data
Published December 5, 2008, 6:21 am, Interactive Investor
CHICAGO, Dec 5 (Reuters) - The following table lists November mainline operational data for the 10 largest U.S. airlines by passenger traffic, compared with the same month a year earlier: ----Traffic---- ---Capacity--- --Load factor-- RPMs pct chg ASMs pct chg pct Change American 9.53 -14.5 12.45 -9.3 76.6 -4.6 pts Delta* 8.91 -4.9 11.50 -5.3 77.4 +0.3 pts United 7.47 -17.0 9.71 -14.2 76.9 -2.7 ...
Turkey seen seeking $25 bln IMF deal
Published December 5, 2008, 6:19 am, Reuters via Yahoo! Philippines News
(Adds quote, source comments on inflation forecast)
Asiana losing money on Saipan route
Published December 5, 2008, 6:04 am, Saipan Tribune
The rapid and extreme depreciation of the Korean won continues to impact Kumho Asiana's future in the CNMI.
Jet wants staff to take voluntary pay cut by Dec 15
Published December 5, 2008, 4:49 am, rediff.com
The carrier, which fired 1,900 employees in October only to reinstate them under pressure from various quarters, has made the request to pilots, cabin crew and engineering staff, a source in the airline said on the condition of anonymity. It is, however, not clear what the airline proposes to do if the employees do not agree for a voluntary pay cut.
Airlines report Nov. traffic decline
Published December 5, 2008, 4:30 am, St. Louis Business Journal
American Airlines, Southwest Airlines and US Airways and all reported traffic declines last month. (AMR) (LUV) (LCC)
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