Gulf Air has taken delivery of its first A330-200 retrofitted with Panasonic Avionics’ Global Communications Suite. The ‘Sky Hub’ offers onboard full broadband connectivity to access Internet, mobile phone services and a
Cyprus urgently needs to contain its public sector wages and freeze all other benefits as it faces a negative growth rate of minus 1% next year, contracting from the flat rate projected
* May need to raise 100 bln; 48 banks could fail stress test * Europe's banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check and
Greece sold 1.3 bln euros of six-month debt on Tuesday to help offset the cost of T-bills maturing this month, paying lenders slightly more than at a similar auction in September. Shut
* Troika says Greece slow on reforms, privatisations * EU, IMF and ECB inspectors gave tepid approval for a vital aid tranche to Greece on Tuesday, saying that despite some fiscal
The captain of a stricken container ship wedged on a reef off a New Zealand holiday spot appeared in court on Wednesday as fear grew the vessel may break up spewing more
Australia's government may have to delay plans for the world's toughest anti-tobacco laws after conservative opposition lawmakers on Wednesday postponed a final vote on the controversial legislation in parliament. The new laws,
The U.S. State Department late on Tuesday issued a worldwide travel alert for U.S. ciitizens, warning of of the potential for anti-U.S. action after the United States accused Iran of backing a
Workers at the Greece's biggest refiner Hellenic Petroleum decided late on Tuesday to suspend a strike which has disrupted fuel supplies after receiving government assurances they would be exempt from planned public
A rebound in Hong Kong and Shanghai shares helped lift most Asian stocks into positive territory on Wednesday, but concerns that Europe's debt crisis has hurt confidence in the global economy and
