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American Airlines orders 460 Boeing and Airbus aircraft

American Airlines orders 460 Boeing and Airbus aircraft

he world’s fourth-largest airline by number of passengers, American is buying 200 Boeing 737s and 260 Airbus A320 aircraft. American described the twin deals as “the largest aircraft order in history”. Its parent company AMR Corporation added that the new single-aisle planes would “transform” American’s fleet. The new aircraft will be delivered between 2013 and [...]

July 20th, 2011 | Posted in Business, Business News | Read More »

Obama: Government shutdown over budget ‘inexcusable’

Obama: Government shutdown over budget ‘inexcusable’

Mr Obama spoke after he and Congressional leaders were unable to reach a budget deal on Tuesday. Without a new budget, the US government will shut down on Friday. But on Tuesday evening, Democratic Senate Leader Harry Reid said he had had a “productive” meeting with Republican House Speaker John Boehner. The description was nearly [...]

April 6th, 2011 | Posted in Business, Business News | Read More »

[Japan Quake] Toyota Stops Operations of All Plants in Japan on Monday

[Japan Quake] Toyota Stops Operations of All Plants in Japan on Monday

  Toyota Motor Corp published an announcement titled “[News Related to the Tohoku Pacific Offshore Earthquake] About Plant Operations on Monday, March 14″ on its Website March 12, 2011. According to the announcement, Toyota will stop operations of all of its assembly and parts plants, and all of its body makers will stop operations of [...]

March 14th, 2011 | Posted in Business, Business News | Read More »

Gadhafi pushes ahead as Arab League calls for help

Gadhafi pushes ahead as Arab League calls for help

RAS LANOUF, Libya – The world moved a step closer to a decision on imposing a no-fly zone over Libya but Moammar Gadhafi was swiftly advancing Saturday on the poorly equipped and loosely organized rebels who have seized much of the country. Gadhafi’s forces pushed the front line miles deeper into rebel territory and violence [...]

March 13th, 2011 | Posted in Business, Business News | Read More »

Millions without food, water, power in Japan

Millions without food, water, power in Japan

TAGAJO, Japan – Millions of Japanese were without drinking water or electricity Sunday, surviving on instant noodles and rice balls, two days after a powerful earthquake and tsunami hammered the northeastern coast, killing at least 1,000 people. Although the government doubled the number of soldiers deployed in the aid effort to 100,000, it seemed overwhelmed [...]

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March 13th, 2011 | Posted in Business, Business News | Read More »