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BA crew begin fresh strike, no peace talks planned

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.

Protesters disrupt British Airways strike talks

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.

Norway's Opera moves data processing to Iceland

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.

BA posts record full-year loss, eyes break even in 2010/11

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.

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Oil rises towards $86 in Asian trade

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 beats expectations, raises revenue forecast

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.

Corrected: Visa beats expectations; raises revenue forecast

Corrects spelling of analyst's first name in paragraph 11

Visa Q2 beats expectations

Fears of Greek debt default hit markets

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.

S&P cuts Greek debt to junk, downgrades Portugal

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.

Genes affect smoking behavior, lung cancer risk

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.

JAL seen posting loss of $1.7 billion: report

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.

Heard the one about Goldman Sachs and the volcano?

Did you hear that Goldman Sachs made the Iceland volcano erupt? It did pretty well shorting airlines.

Delta posts smaller loss, sees profitable Q2

Delta Air Lines Inc posted a smaller quarterly loss on Tuesday as business traffic began to recover and said it expects a profit in the current period despite disruptions to transatlantic travel caused by ash from an Iceland volcano.

Wall Street buoyed by energy, Apple at life high

U.S. stocks rose on Tuesday as oil prices lifted energy shares and investors were upbeat about the overall profits recovery, even as some high-profile results fell short of lofty expectations.

Wall St rises on energy but some earnings weigh

U.S. stocks rose on Tuesday as energy shares advanced on higher oil prices and bellwether companies reported quarterly results, although some fell short of heightened expectations.

Market rises on energy, Goldman profits soar

U.S. stocks rose modestly on Tuesday as energy shares advanced on higher oil prices and bellwether companies reported quarterly results, although some fell short of expectations.

Volcanic ash poses little health threat so far: WHO

(Reuters) - Ash particles from Iceland's still-erupting volcano remain high in the atmosphere and do not pose a health risk so far to people in Europe, the World Health Organization said on Tuesday.

Wall Street to edge up at open on earnings

Wall Street was set to open slightly higher on Tuesday as a wave of companies reported good earnings, but the dearth of blockbuster results threatened to cool off a recent rally.

Stock futures rise on wave of strong earnings

U.S. stock index futures rose on Tuesday on a wave of strong earnings reports, including Goldman Sachs and UnitedHealth, and on expectations of good results from other bellwethers including Apple.

Aircraft enginemakers, regulators study ash impact

General Electric Co and other aircraft engine makers and regulators are studying the possibility of formulating limits for safely operating jet engines in volcanic ash, industry and regulatory officials said on Monday.

U.S. business risks from volcano smolder

U.S. sellers of everything from cosmetics to cruises to car rentals were scrambling for options after a tower of ash from an Icelandic volcano turned much of Europe into a no-fly zone.

Air traffic bans boost video conferencing: Cisco

The videoconferencing industry is getting a boost in demand from the disruption to business travel across Europe caused by a volcano in Iceland, Cisco Systems said.

Goldman fraud case rattles investors

Worries about the impact of fraud charges against Goldman Sachs rattled stock markets on Monday, sending investors in search of less speculative currencies and boosted government bonds.

Asian stocks, commodities slip as profit takers pile in

Asian stocks suffered their biggest loss in 10 weeks on Monday after U.S. regulators filed fraud charges against Goldman Sachs and China clamped down harder on property speculation, giving investors an excuse to take profits after markets had rallied to multi-month highs.

Stocks, commodities slip as profit taking sets in

Asian stocks and commodities fell on Monday as fraud charges against Goldman Sachs, disappointing company earnings and a surprise drop in U.S. consumer sentiment gave investors an excuse to take profits from a recent rally to multi-month highs.

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