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Taiwan's Far Eastern airline halts services due to financial losses
TAIPEI: Taiwan's Far Eastern Air Transport (FAT) airline has announced that it was ceasing all international and domestic flights from Friday (DEc 13) after falling a million US dollars short in loan repayments to banks.
Construction of second Soekarno-Hatta airport to start in 2028
JAKARTA (ANN): Construction of the new Soekarno-Hatta International Airport II in Karawang, West Java, is expected to commence in 2028, according to the local administration.
Wall Street slips as tariff deadline closes in
NEW YORK: Wall Street's main stock indexes ended slightly lower on Tuesday, though not far from record highs, as investors awaited concrete news on whether a new round of U.S. tariffs on Chinese goods would take effect on Dec. 15, a potential turning point in a trade dispute between the world's two largest economies that has convulsed markets.
Rapinoe adds a goal for 2020: helping Democrats win White House
NEW YORK (Reuters) - From award shows to magazine covers, it can often feel as though Megan Rapinoe is everywhere - and soon, that might include rallies for Democratic presidential candidates.
Airbus secures lead over Boeing as 737 Max uncertainty continues
NEW YORK: Shares of Airbus SE handily pulled ahead of rival Boeing Co this year after a pair of fatal 737 Max plane crashes led to the grounding of the US model’s entire fleet.
Hong Kong Airlines to keep flying as regulator grants reprieve
BEIJING: Hong Kong Airlines Ltd. averted becoming the first carrier to collapse in the city in more than a decade after the local licensing authority said it won’t take further action against the embattled company on certain conditions.
Denmark to contribute more planes to NATO after talks with Trump
COPENHAGEN (Reuters) - Danish Prime Minister Mette Frederiksen said her country would provide four more planes to NATO after holding "positive" talks with U.S. President Trump at an alliance summit in London on Wednesday.
Hong Kong Airlines plans cash injection
Hong Kong: Embattled Hong Kong Airlines said it has drawn up an initial plan for a cash injection and will pay staff who had their salaries deferred after regulators threatened to revoke its licence unless the company improves its finances.
Hong Kong Airlines plans injection, will pay salaries Thursday
HONG KONG: Embattled Hong Kong Airlines said it has drawn up an initial plan for a cash injection and will pay staff who had their salaries deferred after regulators threatened to revoke its license unless the company improves its finances.
Explainer: Tunisia grapples with post-revolution economic slide
TUNIS (Reuters) - Tunisia's designated prime minister Habib Jemli expects to pull together a new coalition government next week after an election in October produced a fractured parliament.