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,...
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...
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 ...
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 ...
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...
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...
- 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...
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...
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...
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...
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...
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...
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...
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...