No crisis, says regulator
Tokyo: Japan's top financial regulator said on Sunday he was concerned about a recent sharp decline in bank share prices but added that the nation’s ailing banking system was not in crisis.
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Europe worried over US deficits
Athens: European finance chiefs on Saturday escalated their criticism of the twin US budget and current account balance of payments deficits, saying these matters would be raised at the upcoming meeting of the G7 in Washington.
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Arianespace clears Insat-3A launch
Bangalore: Prior to the launch of India's multi-purpose satellite Insat-3A later this week, European space consortium Arianespace has given the go-ahead following the launch readiness review held at the spaceport of Kourou in French Guiana in South America. With this, Ariane-5 rocket's ready to roll out from the final asssembly building to the launch zone tomorrow, Arianespace sources said here today. Lift-off of the Ariane-5 with its dual satellite payload of Insat-3A and Galaxy XII is set for the evening of April 8, at around 4.30 am on April 9 in India.
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Gulf Air to add 60 aircraft over 10 years
Manama: Regional carrier Gulf Air said on Sunday that it plans to buy or lease 60 aircraft to triple its fleet over the next decade.
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UAL reaches pacts with two unions
Chicago: United Airlines Inc. said late on Friday that it has reached tentative six-year agreements with its flight attendants' and flight dispatchers'' unions to cut costs and enhance productivity.
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Ex-HealthSouth CEO faces trading charges
Washington: The Securities & Exchange Commission said on Friday that it has filed insider trading charges against Richard Scrushy, the ousted chief executive of HealthSouth Corp.
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