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03 Dec 2008 1220 hrs IST
London, Dec 3 (IANS) In a bid to tackle the global credit crunch, British Airways (BA) is in merger talks with major international carriers, Australia's Qantas in particular, to create a global super airline.
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03 Dec 2008 0604 hrs IST
New Delhi, Dec 3 (IANS) Underlining its solidarity with India in the wake of Mumbai's terror strikes, the US Wednesday asked Pakistan to act 'with resolve, urgency and transparency' on its pledge to eliminate terrorism and said it would help New Delhi in bringing the perpetrators to justice.
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03 Dec 2008 1227 hrs IST
New York, Dec 3 (IANS) Facing imminent bankruptcy, the top three American automobile majors - General Motors, Chrysler and Ford - have sought a $34 billion bailout package from the US Congress. In return, they have promised to be more efficient, cut thousands of jobs, trim down brands and reduce salaries of their CEOs to $1 a year.
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