E.U. Signals Approval for Larger Airline Alliance In this Aug. 29, 2007 file photo, American Airlines aircrafts are shown operating at Dallas-Fort Worth International Airport in Grapevine, Texas. American Airlines says, Wednesday, May 21, 2008, it will cut domestic capacity by 11 percent to 12 percent in the fourth quarter as it grapples with record-high fuel prices.... AirlinesBusinessEUIndustryPhotos
China's Exports Rise 46% A cargo ship loaded with containers disembarks from the Tianjin Port in China, March 4, 2009. China says the decline in its exports accelerated in February as a slump in global demand worsened, adding to pressure on China to pump up its economy with a massive stimulu BusinessChinaEconomyExportsPhotos
E.U. Signals Approval for Larger Airline Alliance | BRUSSELS — European antitrust regulators took a step Wednesday toward approving an expanded alliance between British Airways, American Airlines and Iberia after the airlines offered to give up landing a... China's Exports Rise 46% | BEIJING —China announced Wednesday that its exports climbed 46 percent in February from a year earlier. Economists said the data signaled a rebound in consumer demand from the United States and other We... Turkey and I.M.F. End Talks on Stand-By Loan | ISTANBUL — Turkey said on Wednesday it was no longer holding talks with the International Monetary Fund on a stand-by loan because it did not need emergency funds, but it left the door open for a possib... Novel Idea for Japan: Airport for Budget Travel | MITO, JAPAN — The diktat from the governor was the kind of sweeping order that gives Japanese bureaucrats heart attacks: plans for a three-story airport terminal, painstakingly laid over years, were to ... Beijing seeks a shift in geopolitics | By Willy Lam | China's ongoing tussles with the United States over issues including Taiwan, Tibet and trade are in a sense nothing new. For more than two decades, Sino-US relations have periodically gone thro... Sinograph | Different takes on coping with change | By Francesco Sisci | BEIJING - In recent weeks on Chinese movie screens there has been a confrontation: Oscar-winning Avatar from the United States pitched against the ... Pakistan risks IMF's $1.2bn | By Syed Fazl-e-Haider | KARACHI, Pakistan - Islamabad's tardiness in naming a finance minister to succeed Shaukat Tarin, who resigned on February 23 to pursue his own business interests, may delay the release... End in sight for Bank Century circus | By Gary LaMoshi | DENPASAR, Bali - An investigation of Indonesia's Bank Century, which required a bailout in 2008 that eventually climbed to 6.7 trillion rupiah (US$720 million), has been taken up by the quas... China assesses its gold strategy | By Russell Hsiao | Chinese leaders convening in Beijing for the annual plenary session of the National People's Congress (NPC) - China's ceremonial legislature - this week will, among other things, hammer out... Inflation insurance | By The Mogambo Guru | People think that Addison Wiggin here at the DailyReckoning is just another talented, intelligent, pretty face who secretly thrills to hear people say things like, "Youre a lot better l... Britain ready to compromise on hedge funds-sources * Ambassadors close to winning UK backing on hedge fund rules * London City worried, lord mayor to visit EU's Barnier * Deal likely to be unveiled by finance ministers March 16 By John O'Donnell and Huw Jones B... Dubai creditors to get multiple options -sources * Multi-tranche restructuring proposal considered * Size of 'haircut' depends on Abu Dhabi aid * Markets steady ahead of any announcement (Adds further details) By Matt Smith and Steven Slater DUBAI/LONDON, Mar... Reuters Summit-Antofagasta to double output, seeks finance * Aims to double copper output after 2015 to 1 mln tonnes * Held informal talks with banks on Reko Diq project finance * Seeking takeovers globally, targeting advanced projects By Eric Onstad LONDON, March 10 (... Dubai creditors to get multiple options - sources * Multi-tranche restructuring proposal considered * Size of 'haircut' depends on Abu Dhabi aid-sources By Matt Smith and Steven Slater DUBAI/LONDON, March 10 (Reuters) - Lenders to Dubai World will get a range ... US STOCKS SNAPSHOT-Wall St opens higher as M&A heats up NEW YORK, March 10 (Reuters) - Wall Street rose at the open on Wednesday as a slew of new corporate deals and a surge in bailed out U.S. financial stocks boosted investor sentiment. The Dow Jones industrial ave... Russian rouble rally undeterred by c.bank action * Rouble at fresh 14-mth high, scope for more gains seen * C.bank shifts boundary for 12th time in 3 weeks * Analysts say rouble stgth could prompt half-point rate cut (Recasts with second band shift, adds quot... Euro rises to session high against the yen NEW YORK, March 10 (Reuters) - The euro rose 1 percent to a session high against the yen on Wednesday, more on yen weakness than on any specific news. The yen has been weak across the board as investors assess ... British Airways seeks last-minute deal to avert strike | • BA accepts partial repeal of staff cuts on flights | • Union mulls counter-offer as 5pm deadline for talks looms | British Airways and Unite have a 5pm deadline to achieve a deal. If talks fail today, a...
Beijing seeks a shift in geopolitics Asia Times| By Willy Lam | China's ongoing tussles with the United States over issues including Taiwan, Tibet and trade ...
Pakistan risks IMF's $1.2bn Asia Times| By Syed Fazl-e-Haider | KARACHI, Pakistan - Islamabad's tardiness in naming a finance minister to succeed Sh...
China assesses its gold strategy Asia Times| By Russell Hsiao | Chinese leaders convening in Beijing for the annual plenary session of the National Peopl...
Inflation insurance Asia Times| By The Mogambo Guru | People think that Addison Wiggin here at the DailyReckoning is just another talented, ...