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Business News Archive - September 04, 2008

By The Associated Press NEW YORK (AP) - Oil prices plunged to the lowest level in five months Tuesday, falling to within sight of $100 per barrel on signs that Hurricane Gustav only grazed U.S.

By O.L.M. I OFTEN travel for business meetings and it is necessary for me to arrive on time. I have noticed lately that Malaysia Airlines (MAS) has been cancelling many flights, presumably due to low passenger load.

easyJet has announced that it will launch a new service from the London Gatwick Airport to Istanbul, Turkey, effective December 12, 2008, with fares from GBP35.99 one-way including tax.

GuestLogix, a provider of on-board retail technology and solutions to the airline industry, has announced that Southwest Airlines will deploy its Mobile Virtual Store on its flights and will eliminate the use of cash on-board.

Porter Airlines has signed a contract with Bombardier Aerospace to acquire two 70-seat Q400 turboprop airliners by converting existing options. The options will be the 15th and 16th Q400 aircraft in the Porter fleet from an original order for 10 firm and 10 options placed in 2006.

By Sharyn Betz The dollar was weak, gasoline was expensive, and all the economic indicators screamed "stay home" this summer. But I'd been invited to spend a week at a villa in Tuscany. The room was free, the company delightful and the Delta Air Lines ticket I'd obtained was reasonably priced.

Cebu Pacific has announced that it will start operating international flights out of the Diosdado Macapagal International Airport in Clark, in the Philippine province of Pampanga, starting November 8, 2008.

By Michael McCarthy Environment Editor THE Nasa scientist who first drew attention to global warming 20 years ago appeared in a British court yesterday as a key witness in support of climate change activists charged with damaging a power station.

By Joe Napsha While 14,000 union steelworkers at 14 ArcelorMittal plants await details of the tentative labor pact reached last weekend, some local union officials at U.S. Steel Corp. plants have opposed a similar settlement covering their members. "You've got your pros and cons on it.

Research and Markets (http://www.researchandmarkets.com/research/1008dd/china_nonferrous) has announced the addition of the "China Non-Ferrous Metal Industry Report, 2008" report to their offering.

Word of the Day
zill
  • One of a pair of round metal cymbals attached to the fingers and struck together for rhythm and percussion in belly dancing.
The word 'zill' comes from a Turkish word meaning "cymbals".
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