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Greek police fire tear gas at striking taxi drivers

ATHENS (BNO NEWS) — Greek riot police on Wednesday fired tear gas at taxi drivers who have been striking since Monday outside the transport ministry headquarters in northern Athens, the Kathimerini...

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Report: 72 billionaires in China died of unnatural causes since 2003

BEIJING (BNO NEWS) — A significant number of billionaires in China has died of unnatural causes since 2003, according to a report from the state-funded China Daily newspaper on Friday. The report...

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EU posts current account dificit of $55.7 billion

BRUSSELS (BNO NEWS) — The European Union (EU) on Friday announced that its current account within its 27-nation region recorded a deficit of 38.8 billion euros ($ 55.74 billion) in the first quarter...

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Japanese nuclear-polluted tires found in Iraq, gov’t says

BAGHDAD (BNO NEWS) — Iraq’s Planning Ministry announced on Monday that a shipment of Japanese tires which bear traces of nuclear pollution were found to have entered the country. “A shipment of...

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South Sudan accuses Sudan of launching ‘economic war’

JUBA (BNO NEWS) — The Southern Sudanese government has accused Sudan of launching an ‘economic war’ after it suddenly introduced a new currency which will cost South Sudan at least 700 million U.S....

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FAA suspends more nationwide aviation projects

WASHINGTON, D.C. (BNO NEWS) — The Federal Aviation Administration (FAA) on Tuesday announced additional “stop work orders” throughout the nation for the second day, as Congress failed to pass...

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EU approves Lenovo’s acquisition of Medion

BRUSSELS (BNO NEWS) — The European Union (EU) announced on Tuesday that its Commission has approved computer tech group Lenovo’s acquisition of Medion. Under the EU Merger Regulation, the Commission...

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International airlines increase capacity into Mexico

Mexico City (BNO NEWS) — Mexico is developing into a key aviation hub of North America as international airlines are increasing their capacity into the country, the Mexico Tourism Board said on...

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Lufthansa confirms order for 30 Airbus aircraft worth $2.8 billion

BLAGNAC, FRANCE (BNO NEWS) — German airline Lufthansa has confirmed an order for 30 new Airbus aircraft worth more than $ 2.8 billion at list prices, aircraft manufacturer Airbus announced on...

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Poor Indonesians use 70 percent of income on cigarettes – Report

JAKARTA, INDONESIA (BNO NEWS) — Seventy percent of poor Indonesian’s income is spent on cigarettes, according to an investigation released on Wednesday. The academic research was conducted by Abdillah...

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U.S., Cuban governments approve flights between Tampa, Florida and Cuba

TAMPA, FLORIDA (BNO NEWS) – The Cuban government on Wednesday authorized passenger flights to take place between Cuba and Florida’s Tampa International Airport after almost 50 years, the airport...

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Eurozone inflation rate drops slightly to 2.5 percent

BRUSSELS (BNO NEWS) — The European Union (EU) on Friday announced that the eurozone’s annual inflation is expected to be 2.5 percent in July, slightly lower than the prior month. The flash estimate...

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Obama, congressional leaders announce deal to raise debt ceiling, cut spending

WASHINGTON, D.C. (BNO NEWS) — U.S. President Barack Obama and congressional leaders on late Sunday evening announced a bipartisan deal to cut federal deficits by trillions of dollars while raising the...

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HSBC to cut another 25,000 jobs despite rise in profits

LONDON (BNO NEWS) — Banking giant HSBC announced on Monday that it will eliminate up to 25,000 jobs by 2013 and exit operations in 20 countries as part of a major cost-cutting drive, despite reporting...

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Euro area unemployment rate stable at 9.9 percent

BRUSSELS (BNO NEWS) — The 17-nation euro area registered an unemployment rate of 9.9 percent in June, unchanged compared with the previous month and down 0.3 percent compared to June 2010’s 10.2...

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Korean Air orders two Boeing 737-900ERs in deal valued at $171.6 million

SEATTLE (BNO NEWS) — Korean Air on Tuesday morning announced a new order for two additional Boeing 737-900ER jetliners in a deal which is valued at $ 171.6 million at Boeing list prices. The order...

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Aeromexico carries out first transcontinental biofuel flight

MEXICO CITY (BNO NEWS) – Mexican flagship carrier Aeromexico on Monday evening made its first transcontinental flight using biofuel, the company said on Tuesday. The company said the flight from...

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U.S. private sector adds 114,000 jobs in July

WASHINGTON, D.C. (BNO NEWS) — The U.S. private sector added 114,000 jobs in July from the previous month, according to a report released on Wednesday by Automatic Data Processing, Inc. (ADP). The ADP...

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German air traffic controllers to strike Tuesday

FRANKFURT, GERMANY (BNO NEWS) – The German Trade Union of Air Traffic Control (GDF) has called on its 5,500 members to participate in a six-hour strike on Tuesday morning, the union said on Monday,...

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Japan: Tepco registers $7.4 billion Q1 losses

TOKYO (BNO NEWS) — The Tokyo Electric Power Co., Inc.(TEPCO) on Tuesday announced losses of ¥571.7 billion ($ 7.4 billion) during the fiscal year’s first quarter. The company’s operating revenues for...

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Capitol One to acquire HSBC’s domestic credit card business for $2.6 billion

MCLEAN, VIRGINIA (BNO NEWS) — Capital One Financial Corporation on Wednesday announced that it has agreed to acquire HSBC’s domestic credit card business, including its approximately $ 30 billion...

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American Eagle Airlines fined $155,000 for safety violations

WASHINGTON, D.C. (BNO NEWS) — The U.S. Federal Aviation Administration (FAA) has fined American Eagle Airlines more than $ 150,000 due to several safety violations last year, the FAA said on Wednesday....

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U.S. goods and services deficit reaches $53.1 billion in June

WASHINGTON, D.C. (BNO NEWS) — The goods and services exports in the United States in the month of June reached $ 170.9 billion, recording a $ 53.1 billion deficit, according to a report released by the...

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Turkish pipeline explosion halts gas exports from Iran

TEHRAN (BNO NEWS) — Iranian gas flow to Turkey was halted on Friday after an explosion damaged a pipeline in eastern Turkey, Iranian state-run media reported. Firefighters were dispatched to the scene...

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Euro, EU areas post 0.2 percent GDP increase in Q2

BRUSSELS (BNO NEWS) — The European Union (EU) on Tuesday announced that both the euro area and the wider 27-nation EU region had a gross domestic product (GDP) increase of 0.2 percent during the year’s...

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