Business News Archive - August 14, 2008

By Julie Harding j.harding The Co-operative Group is spending pounds1.1 million on upgrading its Keynsham supermarket. Twenty new jobs are being created at the new look store in Broadmead Lane.

By David James SOARING inflation can be traced back to basic foods like bacon, it was revealed yesterday. Everyday staples like bread, bacon, sausages, ham, poultry and dairy products now cost nearly 14% more than a year ago, according to the Office for National Statistics.

By John Walk When Audrey Schuetz awoke in the middle of the night March 23, 1994, she soon realized her entire house was shaking. It felt like an earthquake, but Schuetz, who lived in Edison, N.J., at the time, knew that a temblor was unlikely.

By Sanjay Dutta NEW DELHI: Oil minister Murli Deora is to seek answers from heads of state-owned oil marketing companies on Wednesday on reports of diesel shortages and resultant long queues at petrol pumps in Maharashtra, Gujarat, Bihar, Jharkhand and Madhya Pradesh.

By AJ Panian The Westmoreland County Airport Authority is weighing a proposal from Dominion Peoples to provide natural gas to Arnold Palmer Regional Airport at a reduced price.

By Saurabh Sinha NEW DELHI: Denial of boarding on a flight due to overbooking or for operational reasons may be a common occurrence at Indian airports.

MUMBAI: Flight operations were suspended at Mumbai airport on Monday for 16 minutes and four flights were diverted due to repair work on a rain-battered patch of the runway.

NEW DELHI: Continuous hike in basic fares and fuel surcharge are taking toll on passenger traffic growth in the aviation sector. The number of domestic fliers has fallen by 5 lakh from June to July as just 30.85 lakh people took to the skies last month.

IGI airport's new runway is almost set for commercial operations. As reported earlier by Times of India, proving flights - flights without passengers meant for carrying out trials - will land on the runway on August 21, in the presence of Civil Aviation Minister Praful Patel.

By Art Marroquin LAX: Air India's departure is part of a slate of expected cuts. Air India will withdraw its three weekly round-trip flights from Los Angeles International Airport in September, signaling a trend that finds more overseas carriers cutting service amid record-high fuel prices.

Word of the Day
  • Forsooth! indeed! originally a parenthetical phrase used in repeating the words of another with more or less contempt or disdain.
The word 'quotha' is an alteration of 'quoth he'.