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Agents, travel portals stop selling Jet tickets
Published December 4, 2008, 10:58 pm, Business Standard India
Move a protest against withdrawal of commissions. Travel agents and online portals have stopped selling tickets of Jet Airways, the country’s largest private airline, and its low-cost subsidiary JetLite as a protest against the abolition of the 5 per cent commission to agents from November 1.
Honda Quits Formula One to Cut Costs as Profit Falls (Update2)
Published December 4, 2008, 10:57 pm, Bloomberg
Dec. 5 (Bloomberg) -- Honda Motor Co. withdrew from Formula One racing, cutting at least 20 billion yen ($216 million) in costs after the carmaker slashed its earnings forecast, fired assembly workers and reduced production.
Sports Digest
Published December 4, 2008, 10:56 pm, El Paso Times
NHL agitator Avery to learn fate FridayNEW YORK -- Sean Avery surged past camera crews and reporters Thursday, choosing to save his comments this time for NHL commissioner Gary Bettman during a
Bush Rule Limits Congress On Drilling, Mining
Published December 4, 2008, 10:56 pm, WCPO Cincinnati
The Bush administration is trying to make it tougher for Congress to block mining and oil and gas drilling on public lands.
Cops break up protest over KZN development
Published December 4, 2008, 10:50 pm, Mail and Guardian
Police used pepper-spray and rubber bullets to disperse 3 000 people who had closed off a section of the N2 highway on Thursday in protest against a R44-bn development in the area.
NIXON: Embattled president saw enemies all around him
Published December 4, 2008, 10:46 pm, Journal Inquirer
WASHINGTON — In December 1972, when a less complicated president might have been relishing a big re-election victory a month earlier, Richard Nixon had enemies on his mind.
Honda to pull out of Formula One
Published December 4, 2008, 10:46 pm, Daily Telegraph
In a devastating blow to Formula One Honda will have to pull out of sport unless a buyer can be found by end of the month.
$2 billion car dealer bail-out
Published December 4, 2008, 10:42 pm, The Age
Rudd Government sets up fund to keep car dealers afloat.
Full Honda statement
Published December 4, 2008, 10:39 pm, F1-Live.com
Takeo Fukui announces F1 withdrawal The following is the full statement from Honda President and CEO Takeo Fukui regarding the firm’s decision to pull out of Formula One...
ASIA MARKETS: Hong Kong Stocks Higher; BHP, MUFG Suffer Falls
Published December 4, 2008, 10:38 pm, Nasdaq
Asian stocks traded mixed Friday, with commodity stocks retreating in the wake of overnight falls in crude-oil prices, while investors chased up Hong Kong-listed stocks such as China Mobile, which are leveraged to the China growth story.
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