ASIA PACIFIC

Rudd win ‘may lift confidence’, economists and investors say

SYDNEY - Kevin Rudd's victory as leader of Australia's governing Labor Party may boost consumer and company confidence before an election that could be held as early as August, according to investors,...

By Adam Haigh | Published: 30 June 2013

EUROPE

Crisis in UK ‘worse than previously believed’

LONDON - Britain suffered a much deeper recession in 2008-09 than first thought and the economy remains further from recovering its pre-crisis size, according to sweeping revisions to official data.Re...

By Sarah O’Connor and Claire Jones | Published: 30 June 2013

EUROPE

Cameron defends UK's spy agencies

LONDON - British Prime Minister David Cameron said on Monday that the UK's spies acted within the law, following revelations that the intelligence agencies had received data collected secretly by the ...

By Agency Staff | Published: 11 June 2013

AMERICAS

Obama to name Furman as chief economist

Washington - President Barack Obama on Monday will nominate longtime adviser Jason Furman to be his new chief White House economist, an administration official said.Furman, who will replace economist ...

By Reuters | Published: 11 June 2013

MIDDLE EAST

Emirates SkyCargo wins Cargo Airline of the year 2013 Award

Emirates SkyCargo, the freight division of Emirates, has cemented its position as a leading global player in air cargo industry by winning the 'Cargo Airline of the Year 2013' award at the Air Cargo W...

By Xolani Nsingo | Published: 10 June 2013

ASIA PACIFIC

Emirates' Airbus A380 to be launched to Brisbane and Auckland

HARARE - Brisbane is set to become Emirates' third Australian destination to welcome the airline's flagship Airbus A380, with the announcement that Emirates will operate the A380 on the Dubai to Bri...

By Moyo Roy | Published: 10 June 2013

ASIA PACIFIC

Emirates Group Announces 25th Consecutive Year of Profit

 - Group records AED 3.1 billion (US$ 845 million) net profit - Largest capacity increase in airline's history adding 34 new aircraft and 10 new destinations - Emirates passes 39 milli...

By Mathews Estell | Published: 10 June 2013

EUROPE

Lufthansa cancels most of its domestic flights

FRANKFURT - German airline Lufthansa said yesterday it has cancelled most of its domestic, European and long-haul flights at six German airports due to strike action by ground personnel and some ca...

By Staff Reporter | Published: 10 June 2013

EUROPE

Boeing completes 787 Dreamliner jet test flight

On Friday Boeing completed a test flight of its 787 Dreamliner jet, part of a regimen of tests aimed at certifying a reworked system to prevent fire or overheating of the plane's lithium-ion batteri...

By Staff Reporter | Published: 10 June 2013

MIDDLE EAST

Brighter idea wanted for 'A Greener Tomorrow' with Emirates

Emirates opens submission ideas for the 'A Greener Tomorrow' initiativeHARARE, ZIMBABWE -  Emirates announced today its 'A Greener Tomorrow' initiative and has allocated funds of US$150,000 to...

By Ndou Paul | Published: 10 June 2013

EUROPE

Facebook founder Mark Zuckerberg to pay $1.1 billion tax for 2012

Facebook founder Mark Zuckerberg is on the hook for a $1.1 billion tax bill for 2012, the result of his company’s going public last year.That decision gave Zuckerberg, the company’s CEO, a $13 b...

By Staff Reporter | Published: 10 June 2013

EUROPE

Cypriots banks reopen with tight controls

Cypriots banks reopen on Thursday with tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to prevent the coun...

By Staff Reporter | Published: 10 June 2013

AFRICA

Emirates Inaugurates Non-Stop Daily Service to Algiers

New gateway marks the 130th destination milestone for the airline HARARE  - Emirates, one of the fastest growing airlines in the world, has launched its daily non-stop service from Dubai to Hou...

By Matthews Estell | Published: 10 June 2013

MIDDLE EAST

Emirates SkyCargo Named Air Cargo Carrier of the Year 2012

HARARE - SkyCargo, the freight division of Emirates, one of the world's fastest growing airlines, has been named Global Cargo Airline of the Year, by The STAT Trade Times, organisers of the Air Carg...

By Ndou Paul | Published: 10 June 2013

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