Members of a British Airways cabin crew union began a second five-day strike on Sunday after talks held last week aimed at resolving the long-running dispute ended without agreement. The new wave of industrial action by the airline's cabin staff started officially at midnight (7 p.m. EDT) with little sign on the horizon of a breakthrough in the increasingly bitter row.
Talks between British Airways and the union Unite which represents striking cabin crew were adjourned without the parties reaching an agreement, the mediator Acas said on Friday.
Tiffany & Co and Signet Jewelers Ltd reported better-than-expected profits for the Valentine's Day quarter as shoppers resumed buying pricey jewelry.
British Airways flew to the majority of its destinations worldwide on Monday despite the start of a five-day strike by cabin crew, it said, adding no further negotiations with unions were imminent.
British Airways flew to the majority of its destinations worldwide on Monday despite the start of a five-day strike by cabin crew, it said, adding no further negotiations with unions were imminent.
British Airways Plc cabin crew began a five-day strike on Monday after talks broke down in a dispute over wages, jobs and working conditions and BA said no further negotiations were imminent.
Negotiations aimed at avoiding three five-day strikes by British Airways cabin crew ended without resolution on Saturday after protesters gate-crashed talks between union leaders and the airline in London.
Norwegian browser developer Opera Software is moving its data processing capacity to a newly-built center in Iceland, one of the first foreign investment deals for the crisis-hit island as it tries to rebuild its economy.
British Airways posted a record 531 million pounds full-year loss on Friday, hit by the recession, industrial disputes and the winter snow, though its ambitions to break even next year could by hit by more strikes.
British Airways on Friday predicted a return to breakeven next year, helped by recovering business-class traffic, after it posted a record 531 million pounds full-year loss, hit by strikes and winter snow.
(Reuters) - U.S. pharmacy chain Walgreen Co plans to start selling genetic testing kits to help people assess their risk for inherited diseases in a move that has already drawn the attention of federal health officials.
Europe's travel industry is counting the cost of air traffic disruption caused by a volcanic ash cloud which forced thousands of flights to be canceled and is braced for more stoppages this month.
Who says gold is the safe haven for investors now? It seems, if you take into consideration the present scenario in the global markets, gold is the most unsafe investment now. As is the tradition, gold thrives whenever there is a crisis or tragedy. This time around, it was Greece financial crisis, Spain and Portugal dilemma and the Iceland volcano mess and the gold ETFs fraud unraveled by the US commodity exchange regulator. Even as analysts made a big fuss about the gold's safe haven importance...
Global oil prices extended gains in Asian trade Friday mainly on encouraging reports of resurgence in global economy. Light sweet crude for June delivery was seen trading at $85.61 a barrel at 11.30 a.m Singapore time while Brent crude was at $87.12 a barrel at the same time in London.
Visa Inc reported a 33 percent increase in second quarter earnings, better than Wall Street expected, as consumer spending rebounded and management said it was increasingly optimistic about the economy.
Corrects spelling of analyst's first name in paragraph 11
Visa Inc reported a 33 percent increase in second quarter earnings, better than Wall Street expected, as consumer spending rebounded and management said it was increasingly optimistic about the economy.
Fears that a planned rescue of Greece could stall and extend the financial crisis to other euro zone countries hit European markets on Wednesday as investors worried that Athens may default on its debt.
Rating agency Standard and Poor's slashed Greek debt to junk status on Tuesday and also downgraded Portugal, as investors worried political pressures could block a multi-billion euro bailout of Greece.
NEW YORK (Reuters Health) - Addicted to smoking and unable to quit? Your genes may be partly to blame, according to a trio of studies published Sunday in Nature Genetics that link several gene variants to a range of smoking habits, as well as increased risk for lung cancer.
Debt-ridden Japan Airlines is forecast to have posted a group operating loss of about 160 billion yen ($1.7 billion) for the financial year that ended in March, Japan's Sankei newspaper reported on Sunday.
Did you hear that Goldman Sachs made the Iceland volcano erupt? It did pretty well shorting airlines.
