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Business News Archive - September 09, 2008

Flybe boss Jim French says the airline shows little sign of being affected by the credit crunch as it reported a huge increase in its annual profits. The company, based at Exeter International Airport, revealed a leap in pre-tax profits to pounds35.4m compared to pounds20m the previous year.

Exeter airline Flybe has revealed a big rise in profits. Flybe, based at Exeter Airport, announced a 46 per cent increase in turnover to pounds535.9m for the last financial year. And it revealed a leap in pre-tax profits to pounds35.4m compared to pounds20m the previous year.

One of Cornwall's leading employers has been forced to step up security to stop scrap metal thefts. China clay company Imerys is increasing security on its sites across Mid-Cornwall to stop thieves tempted by the high price of scrap metal.

THE Tartan Army took so much booze home from Macedonia their planes had to stop for extra fuel. Budget airline Jet2 claimed Scotland fans weighed down their aircraft with duty-free whisky, wine and beer. The additional load forced two jets to make unscheduled fuelling stops in Prague.

By AJ Panian An elderly Pittsburgh man killed in a plane crash in Westmoreland County did not have the federally required medical certification needed to fly a plane, according to licensing records.

By Kim Sengupta HEATHROW BOMB PLOT AIR TRAVEL The scenario was terrifying, a series of airliners, packed with passengers, being blasted out of the sky.

By Debra Erdley A pension law enacted 30 years ago could figure in the public corruption prosecutions involving several members of the Legislature and a dozen state employees.

Hecla Mining Company (NYSE:HL) ("Hecla") today announced that it has set the price for its public offering of 31 million shares of common stock. The Company has granted the underwriters a 30-day option to purchase up to an additional 4 million shares of common stock to cover over-allotments, if any.

JOHOR BARU: Malay contractors in the state are in the dark over their involvement in the Iskandar Malaysia project.

BASKING RIDGE, N.J., Sept. 9 /PRNewswire/ -- Ensuring that today's employees can collaborate effectively, either in the office or around the world, is critically important to the success of large businesses - and a key challenge for information technology (IT) executives.

Word of the Day
edulcoration
  • The act of sweetening by admixture of some saccharine substance.
The word 'edulcoration' comes from a Latin word meaning 'making sweet'.