BA, AA deal likely after Blair-Clinton talksBritish prime minister Tony Blair and US president Bill Clinton have paved the way for final approval of a long-delayed global alliance between British Airways Plc and American Airlines, the Guardian reported on Saturday. A tie-up has been awaiting US and European Union regulatory approval for two years, but the Guardian said Blair and Clinton agreed during talks in Washington this week that the deal must go ahead.Plaintiffs in silver lawsuit may drop suit
Lawyers representing Kerry Seale, the man accusing Phibro Inc, a major commodities trading firm of manipulating the silver market, could drop the suit if information provided by Phibro checks out with their own investigation, the lawyers said late Friday.
Employees of failed HK finance firm charged
Hong Kong police on Saturday charged two employees of collapsed finance firm CA Pacific Finance Ltd with false accounting. The 40-year-old man and his 31-year-old wife were arrested onFriday in connection with the granting of an unsecured loan totalling HK $373 million by CA Pacific Finance.
Unicom chief to tackle nuclear problemsUnicom Corp's new chief executive officer, John Rowe, said that he is prepared to make tough economic decisions with regard to the company's troubled nuclear energy programme.
Battle Mountain Gold Q4 loss narrows
Battle Mountain Gold Co said Friday that its fourth quarter results were negatively affected by lower average realised gold prices and non-cash charges. For the quarter, it reported a net loss per basic share of $0.09 compared to loss of $0.17 during the same period a year ago.ÿ
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
