The US government is to investigate two airlines- US Airways and Delta Air Lines’ Comair subsidiary – after travel chaos…
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Saab to build Cadillacs in Sweden
General Motors, the world’s largest car maker, has confirmed that it will build a new medium-sized Cadillac BLS at its…
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Ad sales boost Time Warner profit
Quarterly profits at US media giant TimeWarner jumped 76% to $1.13bn (£600m) for the three months to December, from $639m…
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Parmalat boasts doubled profits
Parmalat, the Italian food group at the centre of one of Europe’s most painful corporate scandals, has reported a doubling…
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Yukos loses US bankruptcy battle
A judge has dismissed an attempt by Russian oil giant Yukos to gain bankruptcy protection in the US. Yukos filed…
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Low-cost airlines hit Eurotunnel
Channel Tunnel operator Eurotunnel has seen sales fall in the face of the upsurge in European low-cost airlines. The firm…
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Qatar and Shell in $6bn gas deal
Shell has signed a $6bn (£3.12bn) deal with the Middle Eastern sheikhdom of Qatar to supply liquid natural gas (LNG)…
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Warning over US pensions deficit
Taxpayers may have to bail out the US agency that protects workers’ pension funds, leading economists have warned. With the…
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Safety alert as GM recalls cars
The world’s biggest carmaker General Motors (GM) is recalling nearly 200,000 vehicles in the US on safety grounds, according to…
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