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Archive for  February 2005

    • News Desk
    • Feb 1st, 2005
    • Comments Off on United Airlines pilots approve wage-cut deal

    The pilots at bankrupt UAL Corp on Monday ratified a tentative labour deal that will allow United Airlines to save $180 million annually, a spokesman for the pilots' union said. A 75.46 percent majority of

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on US Airways loses $236 million in fourth quarter

    Bankrupt US Airways Group reported on Monday a wider net loss for the fourth-quarter at $236 million, or $4.30 per share, citing high fuel costs and tougher competition. The No 7 domestic airline's loss for

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on US Airways loses $236 million in fourth quarter

    Bankrupt US Airways Group reported on Monday a wider net loss for the fourth-quarter at $236 million, or $4.30 per share, citing high fuel costs and tougher competition. The No 7 domestic airline's loss for

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on Global tourism enjoyed spectacular rebound in 2004

    Global tourism arrivals enjoyed a huge rebound of 10 percent in 2004 after prolonged stagnation, the World Tourism Organisation said in its winter barometer report released Monday. "After three years of stagnant growth, international tourism

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on Microsoft to rename Windows version

    Facing pressure from European regulators, Microsoft Corp agreed to change the name of the new stripped-down version of Windows that the software maker now is required to make available to European consumers, the Wall Street

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  • SBC Communications Inc on Monday said it would buy AT&T Corp for about $16 billion, making SBC the largest US telecommunications company and ending AT&T's independence after suffering a two-decade decline after losing its US

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  • SBC Communications Inc on Monday said it would buy AT&T Corp for about $16 billion, making SBC the largest US telecommunications company and ending AT&T's independence after suffering a two-decade decline after losing its US

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on Opec keeping close eye on oil price fall

    Opec oil producers on Monday said they will keep close watch over coming weeks on whether the group's Sunday decision to keep pumping at current rates threatens to erode strong prices. The Organisation of the

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on China pledges tax, subsidy support for farmers

    China, trying to plug a yawning gap between rich and poor, said it would reduce farm taxes, offer subsidies to boost rural incomes and step up grain production, state media and government officials said on

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on China pledges tax, subsidy support for farmers

    China, trying to plug a yawning gap between rich and poor, said it would reduce farm taxes, offer subsidies to boost rural incomes and step up grain production, state media and government officials said on

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