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Virgin's Branson to shun thirsty 4-engined planes

Virgin Group boss Richard Branson said on Friday he would aim to avoid buying fuel-thirsty four-engined airplanes in future to curb fuel costs and the environmental impact of his fast-growing airlines.

Barclays recovers after a week of bad headlines

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Barclays was recovering from a week of bad headlines, denials and late-night statements on Friday, as analysts said there was little substance to the frenzy and few harbored genuine worries over the bank's health.
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CAMEC launches offer for Canada's Katanga

London-listed Central African Mining & Exploration launched a formal offer for Katanga Mining Ltd on Wednesday, but Katanga Chief Executive Arthur Ditto said he was not interested.
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Mega profits seen in EU climate fight

European power companies are making billions of euros in excess profits in the fight against global warming as consumers pay for it, economists say.
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EU allows Britain to resume nearly all meat exports

European Union veterinary experts agreed on Thursday to let all of Britain, except part of the county of Surrey, resume exports of live animals, meat and dairy products to other EU countries, the EU executive said.
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Easing fears over credit boost riskier assets

Investors bought riskier assets on Thursday, lifting world stocks, emerging market debt and higher-yielding currencies as hopes increased that the worst of the recent credit market storm has blown over. Stock markets from Shanghai to London posted solid gains, with the Chinese bourse hitting another all-time high.
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Daimler to get its name back in deal with Ford

DaimlerChrysler has paved the way to rename itself Daimler AG by striking a deal with Ford Motor Co to use the name now owned by British brand Jaguar, the companies said on Wednesday.
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Fed keeps tools handy and calms Wall Street

Federal Reserve Chairman Ben Bernanke signaled a willingness to consider an early cut in the benchmark interest rate to quell market unrest, a key U.S. lawmaker said on Tuesday after meeting with the Fed chief, sending Wall Street higher.
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Global stocks kick higher

Investors boosted stocks and moved back into other riskier assets on Monday as immediate fears of a credit crunch waned following the Federal Reserve's confidence-building move last week.
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Global stocks take a dive again as risk jitters prevail

World stocks took another dive on Friday despite early attempts at a rebound in Europe while currency dealers drove the Japanese yen to a 14-month high against the dollar, throwing out risky leverage. Wall Street looked set for a weak opening.
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U.S.-Europe 'renaissance' seen under Sarkozy: Lantos

Relations between the United States and Europe are likely to improve dramatically under new French President Nicolas Sarkozy and German Chancellor Angela Merkel, a U.S. congressional leader said on Thursday.
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British legacy alive and kicking in India

While India is doing away with some symbols of British rule, such as the names of some cities and towns, other things, such as language and the university system remain firmly entrenched.
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UK eases foot and mouth curbs after negative tests

Britain said on Wednesday it would ease restrictions on livestock movements and was likely to stand down vaccination teams after initial tests for foot and mouth disease at a farm and theme park proved negative.
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UK probes two new suspected foot and mouth cases

British authorities said on Tuesday they were investigating two new suspected cases of foot and mouth disease, raising fears that an existing outbreak of the livestock disease may not have been contained.
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Dealmaking halts amid credit crunch

The tightening of the credit markets and fears of a global liquidity crunch have turned a normal summer slowdown in mergers and acquisitions into a deep freeze.
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Growth spurt no mask for eastern German problems

Between the shelves of product catalogues on the wall of a spartan office in an eastern German lighting factory sits a framed quotation, in bold black lettering on silver paper, from Winston Churchill.
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Potter author worried about translation networks

J.K. Rowling and her French publisher said on Thursday they were worried about organized groups of translators, not individuals, after a boy was arrested for posting a translation of the last Harry Potter book online.

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