Air India called Friday for government help after oil companies stopped supplying the debt-ridden national flag carrier with jet fuel at six domestic airports due to late payment of dues. "We have huge outstanding debts

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Ryanair said Friday it is closing four of its bases in Spain, a move a union said would result in more than 500 job losses. The low-cost airline, facing a September cabin strike, said it

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Sri Lanka's central bank cut its main lending rate Friday for the second time in three months hoping to lift the economy as its struggles in the wake of the devastating Easter attacks that hit

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Tour operator Transat's shareholders on Friday voted overwhelmingly in support of a takeover bid by Canada's flagship airline Air Canada for Can$720 million (US$540 million), creating a domestic giant with a 60 percent share of

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The German government expects Europe's largest economy to slide into recession in the third quarter, Der Spiegel magazine reported on Friday. The government forecasts output will contract slightly in the July-September period as it did

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British Airways pilots on Friday said they will strike for three days in September in a dispute over pay, in a move that could affect tens of thousands of travellers. The strikes on September 9,

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US toymaker Hasbro announced Thursday that it is acquiring studio Entertainment One, which owns popular cartoon series "Peppa Pig" among other children's content, for approximately $4 billion. Under the all-cash transaction, Entertainment One shareholders will

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Mexico registered zero economic growth in the second quarter, according to revised data released Friday, meaning that Latin America's second-biggest economy dodged a recession even more narrowly than previously thought. "Gross domestic product (GDP)... registered

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Japan's core consumer inflation wallowed at a two-year low in July, increasing pressure for the central bank to acknowledge price momentum was slowing and expand its radical stimulus programme. With the global economy hit by

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Sales of new US single-family homes sank more than expected in July, a sign that the housing market continued in low gear despite lower mortgage rates and a strong labour market. The Commerce Department said

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