EU approves BA-Iberia merger
The European Union Wednesday gave regulatory approval to the proposal by British Airways and Iberia to merge and to team up with American Airlines to share more of their lucrative transatlantic routes. cbc.ca |
Downer shares up on $3bn Fortescue deal
SHARES in Downer EDI gained almost four per cent after the engineering firm said it won a six-year contract worth $3 billion to provide mining services to Fortescue Metals Group. news.com.au |
Europe probes swine flu side effects
THE European Medicines Agency is investigating a possible link between the Pandemrix swine flu vaccine and the sleeping disorder narcolepsy amid concerns in Finland and Sweden. news.com.au |
Alta. Chinese workers death case delayed
Alberta says the complexity of dealing with a Chinese state-owned corporation is behind the long delay in prosecuting companies charged in the deaths of two oilsands workers. cbc.ca |
Dollar lower on profit taking
THE dollar was weaker at noon after profit-taking dragged the unit back from the brink of parity with the US dollar. news.com.au |