Cyprus Civil Aviation officials are investigating how a Thomson Airways Boeing 737-800 from England failed to land on the runway at Paphos airport and landed instead on the parallel taxiway. Flight BY-3351 had departed from Doncaster with a delay of three hours and with 192 passengers and 7 crew on board was cleared to land
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Seven world leaders demanded Europe take more decisive action against its debt crisis and a European Central Bank study warned on Thursday that the entire euro currency project was now in peril. As ministers gathered in Washington for meetings of the Group of 20 and International Monetary Fund, an open letter to G20 president France
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A French court on Thursday fined a Muslim woman 120 euros ($164) for wearing a full-face veil in public, prompting the single mother of three to vow an appeal to the European Court of Human Rights to get France to overturn its burqa ban. The woman, Hind Ahmas, said she would also appeal her sentence
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Bank bosses must lose their jobs if a trader in their pay is found guilty of hiding risky bets that compromise their employer's ability to post dividends or repay bonds, a Reuters snap survey has found. "(It) gives them skin in the game and the resolve to put in place stronger processes," one fund manager
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Pope Benedict on Thursday called for an "ethical renewal" in Italy, where Prime Minister Silvio Berlusconi is battling a scandal over parties with prostitutes and showgirls. In a telegram to Italian President Giorgio Napolitano ahead of a visit to his native Germany, the pope expressed his "hope of an ever-more intense ethical renewal for the
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World stocks fell to a new one-year low on Thursday, battered by fears of slowing global economic growth. MSCI's all country-world stock index was down nearly 2 percent on the day.
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A 77-year-old Ukrainian man won a jar full of sour cream for coming first in a dumpling eating contest and then promptly died, local media reported on Wednesday. Ivan Mendel ate 10 dumplings in half a minute to win first place and a one-liter jar of sour cream in the contest held in the town
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Europe's biggest tour operator TUI Travel said it was confident its full year results would be in line with expectations following strong late demand for summer holidays. TUI Travel, which operates the Thomson and First Choice chains, said the summer season had traded well with bookings up across most of its markets while margins for
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Hundreds of worried customers queued overnight to withdraw their money from seven South Korean savings banks which had been suspended from operations due to concerns about their financial strength. South of the capital Seoul, a crowd more than 800 people, mostly in their 60s and 70s, gathered outside one of the banks suspended by South
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It's eight in the morning in a Tokyo office building, and a dozen middle-aged Japanese businessmen sit inside small booths, sweating as they try to talk English to the instructors in front of them. "I hope my wife will understand my hobby," one 40-something man says, opening his mouth widely around the English words. He
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