Airbus Says A380 Deliveries Delayed Three More Months
Jupiter Kalambakal - AHN News Writer Toulouse, France (AHN) - Airbus, the world's largest commercial aircraft maker, on Tuesday announced additional delays of up to three months for A380 deliveries due in 2009 and 2010.In a conference call,...
Amid Economic Slowdown, Sharia Compliant Institutions Grow Business
Vittorio Hernandez - AHN News Writer Washington, D.C. (AHN) - Lending without interest appears to be a recession proof business. The best evidence to support that claim is Guidance Residential, a firm that has provided financing to over 5,000...
Project Kaleidoscope Of Disney, McDonald's Report Successful Pilot Test Run In 10 China Factories
Vittorio Hernandez - AHN News Writer Oak Brook, IL (AHN) - Two major American multinationals with globally-recognized brands have joint efforts to uplift working conditions in their supply chains, particularly at 10 contractor factories in...
Mattel Likely To Win Copyright Suit Versus MGA Entertainment
Vittorio Hernandez - AHN News Writer El Segundo, CA (AHN) - Mattel, the world's largest toy manufacturer and birth place of the popular Barbie doll, has high chances of winning a copyright lawsuit it filed against MGA Entertainment.MGA...
European Markets Inch Higher
Ed Sutherland - AHN Editor London, UK (AHN) - European shares were mixed in afternoon trading with banks bearing the brunt of higher U.K. inflation.The pan-European Dow Jones Stoxx 600 was up mildly, gaining 0.2 percent to 326.62.In mirror-like...
Wall Street Falls 59 Points Amid Higher Oil Prices
Ed Sutherland - AHN Editor New York, NY (AHN) - Stocks were lower Tuesday amid climbing oil prices and mixed economic reports.The Dow Jones Industrial Average was down 62 points to 12,813 at 12:10 Eastern. The Dow closed Monday, gaining around...
EarthLink To Unplug Phil. Wi-Fi Network
Ed Sutherland - AHN Editor Atlanta, GA (AHN) - EarthLink is dropping its Philadelphia public Wi-Fi network, asking court permission to remove equipment from city streets and limiting its liability.EarthLink, which has curtailed its involvement...
Foreign Aid Pouring In For China Quake Victims
Jupiter Kalambakal - AHN News Writer Beijing, China (AHN) - The international community is reaching deep into its pockets to extend assistance to victims of China's killer quake. As of Tuesday, state television reported The Red Cross in...
Rice Prices To Keep Rising Despite Record-High Production
Siddique Islam - AHN South Asia Correspondent Rome, Italy (AHN) - Rice production in Asia, Africa and Latin America will reach record highs in this year, but prices could also continue to soar in the short term, the United Nations food agency...
HBO To Sell Episodes On ITunes For More Than $1.99
Ed Sutherland - AHN Editor Cupertino, CA (AHN) - Apple will reportedly announce a deal with Home Box Office, selling episodes of popular television shows on iTunes for more than the usual $1.99 per download.According to the New York Times and...
Canadian Opposition Questions $235 Million GM Aid
Vittorio Hernandez - AHN News Writer Ontario, Canada (AHN) - The Monday announcement by General Motors of plans to close its transmission facility in Windsor by 2010 triggered the opposition to take a second look at the $235 million received by...
Dell To Drop Some XPS PCs For Alienware
Ed Sutherland - AHN Editor Round Rock, Texas (AHN) - PC maker Dell is set to phase out some of its XPS gaming machines to concentrate on its high-end Alienware computers.According to the Wall Street Journal, the shift is the latest attempt by...
HP Acquires Electronic Data Systems For Around $12.6B
Ed Sutherland - AHN Editor Palo Alto, CA (AHN) - PC maker Hewlett-Packard announced Tuesday it will acquire Electronic Data Systems Corp. for almost $12.6 billion. The news confirms reports Monday that the two companies were involved in...
Fuel Surcharges Added By Two Canadian Air Carriers
Vittorio Hernandez - AHN News Writer Toronto, Canada (AHN) - Fuel surcharges will be added by two Canadian airlines on their tickets to cope up with the rising cost of aviation fuel.WestJet, based in Calgary, announced extra $20, $30 and $45...
Bangladeshi Social Investment Bank Signs Deal With U.S. Money Transfer Firm
Siddique Islam - AHN South Asia Correspondent Dhaka, Bangladesh (AHN) - The Social Investment Bank Limited (SIBL), a private commercial bank, has signed a remittance agreement with U.S.-based money transfer company Placid NK Corporation, the...
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