Europe / Russia

Olympus posts nine-month net loss of $426 million

Scandal-hit Olympus on Monday reported a net loss of 33.08 billion yen ($426 million) for the nine months to December amid a massive accounting cover-up that has tarnished the image of corporate Japan

Monday, February 13, 2012 (France24)

Airlines need 33,500 new planes by 2030: Boeing

Global airlines will need 33,500 new planes valued at $4.0 trillion by 2030, with Asia accounting for about 35 percent of the total, US aircraft maker Boeing said on Monday.Asia-Pacific carriers will

Monday, February 13, 2012 (France24)

Video: Greece passes crucial bailout vote as country burns

THE Greek parliament approved a deeply unpopular austerity bill to secure a second €130bn bailout and avoid a messy default after a day of street battles between police and protesters left Athens

Monday, February 13, 2012 (Independent )

Greece passes crucial bailout vote as country burns

THE Greek parliament approved a deeply unpopular austerity bill to secure a second €130bn bailout and avoid a messy default after a day of street battles between police and protesters left Athens

Monday, February 13, 2012 (Independent )

China has no plans to 'buy out Europe': state media

China has no intention to "buy out Europe", a top state-run newspaper said Monday, reiterating comments made by Premier Wen Jiabao ahead of a major summit with the European Union in Beijing.The Chines

Monday, February 13, 2012 (France24)

Kuwait's central bank chief 'quits over govt spending'

Governor of the Central Bank of Kuwait, Sheikh Salem Abdulaziz Al-Sabah, has resigned in protest against the oil-rich Gulf state's steep rise in spending, local media reported on Monday.Al-Qabas newsp

Monday, February 13, 2012 (France24)

Japan economy shrinks on Thai floods, strong yen

The Japanese economy shrank in the final three months of 2011, according to the latest data, as exports were hurt by the strong yen and weak overseas demand while flooding in Thailand hammered product

Monday, February 13, 2012 (France24)

Qantas chief lashed for fleet grounding comments

Qantas chief Alan Joyce on Monday said a fleet grounding he ordered last year was "positive for the brand", sparking an angry backlash from pilots who called his comments "bizarre and worrying".Joyce

Sunday, February 12, 2012 (France24)

Iraq begins pumping oil to new Gulf terminal

Iraq began pumping oil on Sunday to the first of five floating terminals in the Gulf in a move that will increase its export capacity by 850,000 barrels per day.Prime Minister Nuri al-Maliki symbolica

Sunday, February 12, 2012 (France24)

Fredriksen seizes new chance with enthusiasm

Norwegian shipping magnate hopes that $500m restructuring of flagship tanker group Frontline will ensure that it weathers downturn in industry

Sunday, February 12, 2012 (Financial Times )

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