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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.

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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.

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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

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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.

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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.

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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.

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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.

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$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.

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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...  

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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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