Spirit Airlines to cut capacity, jobs The Miami Herald | Spirit Airlines will cut 6 percent of its capacity this fall, eliminate about 250 jobs and curtail its growth plans for the year, as it tries to cope with record-high fuel prices. | The Miramar-based low-cost carrier also plans to slash 15 percent of its non-fuel costs, retire five of its 35 aircr...
Britain is the world's biggest arms exporter The Times | London Britain was the world's biggest arms seller last year, accounting for a third of global arms exports, the Government's trade promotion organisation said. | UK Trade and Investment (UKTI) said that arms exporters had added £9.7 billion in new business last year, giving them a larger share of...
Spirit plans layoffs, capacity cuts Business Journal > Spirit fined for paying Cuba without permit [South Florida] Get shorties [South Florida] CEO: Spirit to make seasonal layoffs, be prepared for the worst [South Florida] | Spirit Airlines is to lay off about 250 employees as it deals with rising fue...
Turkey Ranked 55th In IMF's List Of Richest Countries Turkish Press | ANKARA - Turkey has been ranked the 55th in the International Monetary Fund`s (IMF) list of countries having the highest income per capita. | According to the IMF`s evaluations for the year 2008, there are 57 countries whose national income per cap...
Indian banks gearing up to enhance foreign operations The Times Of India | | MUMBAI: Aiming to tap the fast-growing NRI and corporate financing business overseas, a host of Indian banking majors including the country's largest lender, State Bank, are planning to...
Caribbean leaders agree to establish shared fund to market regional tourism AOL ST. JOHN'S, Antigua (AP) - Caribbean leaders have agreed to establish a US$60 million fund to aggressively market the region's tourism attractions as their fragile economies are threatened by a global financial downturn, officials said Saturday. | Ca...
Govt nod for OVL's overseas investment plans The Times Of India | NEW DELHI: ONGC Videsh Ltd, along with steel baron Lakshmi N Mittal, will invest 155 million dollars in a gas block in Trinidad and Tobago and another 282 million dollars in two explorati...
Claymore Frontier Markets ETF (FRN) Now Provides Exposure to 17 Countries Insurance Newsnet Business Editors/Financial Editors | LISLE, Ill.--(BUSINESS WIRE)--June 25, 2008--Claymore Securities Inc., the third-fastest growing exchange-traded fund provider in 2007*, today announced country composition changes to the Claymore/BNY Mellon Front...
Island market seeks partners Canada Dot Com | Stocks - Trinidad and Tobago's stock exchange, the largest in the Caribbean, is seeking to link with bourses in the United States and Canada to help attract investors and double the number of listings. | "The world over is consolidating," Wain Iton...
Investor John Templeton dies in Bahamas Denver Post The Associated PressArticle Last Updated: 07/08/2008 09:37:30 AM MDT | NASSAU, Bahamas—John Templeton, an investor and mutual fund pioneer who dedicated much of his fortune to promoting religion and reconciling it with science, has died. He was 95. | Templeton died Tuesday from pneumonia at Doctors Hospital in Nassau, Bahamas, said his s...
The Latin America question BBC News | He was also aiming to display his foreign policy credentials, with his advisers taking pains to point out that his rival in November's election, Democratic senator Barack Obama, had never been to Latin America. | "Senator Obama has never set foot in the region," said Otto Reich, a former assistant secretary of state for the Western Hemisphere who...
