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	RUBRIC NEWS : "TRANSPORT"

29 Dec 2009 15:02

Pirates seize UK-flagged tanker : No direct contact" has been made with a UK-flagged tanker attacked by Somali pirates since it was seized, the ship's managers said. The 7,926-tonne St James Park was captured in the Gulf of Aden while on its way to Thailand from Spain. ...

London Heathrow Expansion Should Go Ahead, Lawmaker Panel Says : Prime Minister Gordon Brown’s government won support from an all-party panel of lawmakers for its plan to build a third runway at London’s Heathrow airport, adding political momentum ...
07 Dec 2009 14:34

04 Dec 2009 15:07

UK car sales rise by 57.6% in November : UK car sales rose by 57.6% in November compared with a year earlier, industry figures have shown. There were 158,082 cars registered last month, the Society of Motor Manufacturers and Traders (SMMT) said, up from a "weak" November 2008. ...

16 Oct 2009 16:19

CVC Scraps National Express Bid; Stagecoach Still Interested : CVC Capital Partners Ltd. scrapped a 765 million-pound ($1.3 billion) bid for National Express Group Plc, sparking the biggest decline in the U.K. bus and rail company’s stock for eight ...

16 Oct 2009 12:42

Don't 'price us off' London transport, warns passenger group : Londoners must not be "priced off" public transport by new year fare rises, a passenger group said today. London mayor Boris Johnson is set to announce the 2010 Tube and London bus fare levels tomorrow, with the new fares due to take effect from January. ...

24 Sep 2009 05:16

Banker Bashing Joins U.K. Leaders Gearing Up for Vote (Update2) : U.K. Prime Minister Gordon Brown and Conservative opposition leader David Cameron have one thing in common. Both say Britain’s financiers need to be reined in and punished. Brown’s Labour government is tightening bank rules and curbing bonus pay, part of a crackdown coordinated with the Group of 20 nations, whose leaders begin a summit in Pittsburgh ...

Government wants nationwide smart ticketing : Smart ticketing for public transport could be rolled out across the country if a new government initiative gets the go ahead. The system, similar to that of London’s Oyster card, would see mobile phones and bank cards featuring universal integrated smart ticketing technology. This would enable them to be swiped to pay directly ...
22 Aug 2009 08:19

22 Jun 2009 14:39

Brit Insurance Makes Share Offer for Chaucer Holdings (Update2) : Brit Insurance Holdings Plc, the insurer that sponsors the Oval cricket ground in London, made an all-share offer to buy Chaucer Holdings Plc, in a bid that values the company at about ...

3i launches £700m rights issue as deficit widens : 3i, the UK's oldest private equity fund, is to raise £732 million in a rights issue after it lost £1.9 billion last year. The fund, which owns brands such as Agent Provocateur, the lingerie group, and Foster and Partners, the architectural practice, said that the rights issue would enable it to cut debt and to strengthen ...
08 May 2009 07:10

05 May 2009 06:49

Fiat May Spin Off Auto Division If It Buys GM Europe (Update4) : Fiat SpA, which is taking a stake in Chrysler LLC, may spin off its automobile division following a purchase of General Motors Corp.’s European unit, sending the Italian carmaker’s ...

27 Apr 2009 07:29

British Airways, Air China, AMR Fall on Concern Over Swine Flu : British Airways Plc fell the most since 2001 and Air China Ltd. had the biggest drop in six months as airline stocks worldwide tumbled on concern that an outbreak of swine flu in Mexico ...

Rolls-Royce inks $1.2 bln deal with HK Airlines : Britain's Rolls-Royce on Friday signed a 1.2-billion-dollar (950-million-euro) deal to supply engines to Hong Kong Airlines' new fleet of Airbus A330 jets, the companies said. The deal, which also includes a service contract, formed the bulk of 1.9 billion dollars' worth of deals signed by British and Chinese firms on the final leg of a Chinese trade delegation tour of ...
27 Feb 2009 16:22

Airport sale grounded by stormy economic climate : MANCHESTER Airport Group has scrapped plans to sell Humberside Airport. The group put Humberside on the market in April after a strategic review and said it had held talks with several potential buyers. ...
18 Dec 2008 17:22

18 Dec 2008 10:15

British Airways, Qantas Talks Fail on Ownership Split (Update1) : British Airways Plc said merger talks with Qantas Airways Ltd. were called off after the carriers failed to agree on who would control the new company. The negotiations were halted after British Airways Chief Executive Officer Willie Walsh and his Qantas counterpart Alan Joyce couldn’t reach agreement on the ownership split, Tony ...

BHP's CEO Says Slowing Prices, Economy Favor Rio Bid (Update2) : BHP Billiton Ltd., the world's largest mining company, said falling commodity prices and a slowing global economy will convince investors to support its $121.5 billion hostile bid for Rio ...
09 Sep 2008 17:29

30 Aug 2008 20:02

Zoom Air Collapse Strands 4,500 People, Leaves 60,000 in Limbo : Zoom Airlines, the trans-Atlantic carrier that ceased flying yesterday, has left at least 4,500 travelers stuck abroad and another 60,000 holding tickets that can't be used, Britain's ...

20 Aug 2008 09:50

London airports should be sold on competition grounds : Britain's Competition Commission on Wednesday recommended the sale of three airports, two in London and one in Scotland, that are operated by Spanish-owned group BAA, owing to the company's ...

30 May 2008 17:18

Silverjet Stops Flights as Oil Costs Cripple Industry (Update3) : Silverjet Plc, the U.K. carrier founded 16 months ago to fly business travelers to New York, grounded planes after running out of cash, the industry's latest casualty as spiraling fuel ...

British Airways, Air France Lead Airline-Stock Surge (Update2) : British Airways Plc and Air France- KLM Group led a surge in European airline stocks as oil prices headed for their biggest weekly decline in 10 weeks, firing optimism that a slide in ...
30 May 2008 17:03

U.K. Stocks Including Rio Tinto, BG Fall; HSBC Shares Advance : Silverjet Plc rose as much as 26 percent in London trading after the business-class carrier, which has had more than four-fifths of its value erased by high fuel prices and half-full ...
30 Apr 2008 11:45

19 Oct 2007 18:15

Virgin in Boeing, Airbus Talks on $3.5 Billion Order (Update2) : Virgin Atlantic Airways Ltd., the U.K. carrier owned by billionaire Richard Branson, said it's in talks with Boeing Co. and Airbus SAS over an order for as many as 10 widebody aircraft ...

British Airways in $8.2 Billion Boeing, Airbus Order (Update4) : British Airways Plc ordered 36 Airbus SAS and Boeing Co. planes valued at $8.2 billion, making its biggest purchase in nine years to add flights from London's Heathrow airport and keep ...
27 Sep 2007 12:49

British Airways S&P Rating Raised to Investment Grade (Update1) : British Airways Plc, Europe's third- largest airline, had its credit rating restored to investment grade by Standard & Poor's for the first time in four years. S&P boosted the rating because of the carrier's ``improving operational performance'' and plans to reduce its pension deficit, the ratings company said today in an e-mailed statement. ...
21 Jun 2007 15:47

British Airways Doesn't Expect Private-Equity Bids (Update1) : British Airways Plc won't attract a takeover bid from a private-equity firm because it has already slashed costs and sold assets such as regional carrier BA Connect, Chief Executive Officer ...
01 Jun 2007 12:20

22 May 2007 15:29

British Airways backs TPG bid for Iberia : British Airways (BAY.L: Quote, Profile, Research said on Tuesday it had decided to join a bid for Spanish airline Iberia (IBLA.MC: Quote, Profile, Research led by private equity firm Texas Pacific Group ...

British Airways Rises, Goldman Says It May Be Takeover Target : Shares of British Airways Plc, Europe's third-largest airline, rose as much as 3.1 percent after Goldman Sachs said the airline may be a takeover target for private equity groups. ...
21 May 2007 15:30

Tomkins Profit Falls on Slump in U.S. Autos, Housing (Update1) : Tomkins Plc, the U.K. maker of auto parts and building materials, said fourth-quarter profit fell on dwindling demand from U.S. carmakers and homebuilders and that there's little prospect ...
16 Feb 2007 14:26

British Airways Seeks Outside Help to Avert Cabin Crew Strike : British Airways Plc, Europe's third- largest airline, called for outside mediation to help avert a three-day strike by cabin crew over pay, pension and staffing. The carrier requested the Advisory, Conciliation and Arbitration Service to discuss ways of solving the dispute with flight attendants of the Transport & General Workers Union, the company ...
22 Jan 2007 14:25

EasyJet Passenger Numbers Rise as Routes Are Added (Update1) : EasyJet Group Plc, Europe's second- biggest low-cost airline, flew 11 percent more passengers in December after adding routes and winning more business travelers. The airline handled 2.64 million passengers last month compared with 2.37 million a year earlier, Luton, England-based EasyJet said today in a Regulatory News Service statement. The load ...
08 Jan 2007 14:30

British Airways Shares Gain After Agreement on Pension Deficit : Shares of British Airways Plc, Europe's third-largest airline, rose to an eight-year high after the company reached an agreement with its four main trade unions to reduce its 2.1 ...
08 Jan 2007 09:28

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29 Dec 2009

Pirates seize UK-flagged tanker

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