British Airways PLC reported on Friday a record operating loss of £94 million (Dh571 million) for the first quarter as people cut down on travel amid the recession, and said there were “no visible signs of improvement” in the market beyond a seasonal up-tick for the summer.
Electricite de France SA (EDF), the world’s biggest operator of nuclear reactors, will join a group with Areva SA, Total SA and GDF Suez SA that’s vying to build nuclear plants in the UAE.
The honeymoon is over for Yahoo Inc Chief Executive Officer Carol Bartz.
Deposits rise 10.4% to $16.69b and assets edge up 8.5% to $19.42b.
A Cayman Islands court has frozen $9.2 billion (Dh33.8 billion) of assets belonging to Saad Group, the Saudi Arabian investment firm at the centre of a financial scandal, including some of its equity stakes outside the Gulf.
A330’s external monitors may have iced over and given false readings.
At least 29 people are killed in a series of bombings outside Shia mosques in Baghdad, Iraqi police report.
The Director of Public Prosecutions (DPP) is to issue urgent guidance to clarify the law on assisted suicide after Debbie Purdy, who has multiple sclerosis, won a historic judgment from the House of Lords.
An Indian court issued a warrant Friday for the arrest of the former head of the American chemical company responsible for a gas leak that killed at least 10,000 people in Bhopal 25 years ago.
Rights activists lashed out on Friday at local officials who allowed hundreds of infants to be dropped from the roof of a mosque in the western state of Maharashtra in the belief that the fall – which ends when the babies are caught in a bedsheet – would ensure good health and prosperity for their families.