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Business News Archive - July 30, 2008

By Bill Sobey More than 250 Westcountry farms are using treated human waste as crop fertiliser, according to figures released by South West Water. The method has gained popularity because the animal-based variety is closely linked to the rising price of oil.

CHICAGO _ Bennigan's, which helped to invent the suburban tavern-themed dining craze more than 30 years ago, abruptly closed dozens of stores Tuesday and filed for bankruptcy, a casualty of a brutal economy that has wracked the restaurant industry.

The number of people using East Midlands Airport is continuing to grow. The Castle Donington airport saw passenger numbers for June rise by 5% on the same month last year to 563,159. Passenger numbers have risen at the airport for the ninth successive quarter.

Air Southwest is increasing the number of flights from Plymouth City Airport to Leeds-Bradford from the start of August. The low-fare airline already flies daily to the Yorkshire airport and is adding a second flight starting on August 3.

By David Prosser Deputy Business Editor Holding company to list in the UK and Spain British carrier looks to expand from Madrid hub British Airways and Iberia, the Spanish flag carrier, are holding talks they hope will lead to a merger before the end of the year, the two airlines said yesterday.

WORLD MARKETS The stock market was pulled lower by overnight losses on Wall Street and heightened fears over the US financial sector. The blue- chip Hang Sang Index shed 429.21 points, or 1.9 per cent, to 22,258, its fourth straight day of losses.

By Jeremy Warner Outlook Michael O'Leary's idea of airline consolidation is to destroy the competition, or at least to beat the fares down so far that Ryanair is left as the last airline standing in the low-cost sector.

TORONTO, ONTARIO--(Marketwire - July 29, 2008) - Nuinsco Resources Limited ("Nuinsco") (TSX:NWI) (www.nuinsco.ca) announces that it has completed a $1.09 million non-brokered private placement financing.

A Long-running case over quarrying at a Derbyshire beauty spot will be heard again at the Court of Appeal. The Peak District National Park Authority claims that limestone operations at Backdale, at the eastern end of Longstone Edge, near Bakewell, are harming the landscape.

Word of the Day
whirret
  • To give a box on the ear to.
The word 'whirret' may be onomatopoeic.