SriLankan Airlines takes Etihad passengers in codeshare deal

Aug 27, 2007 (LBO) – Despite canceling flights to Sri Lanka, Abu Dhabi based carrier Etihad plans to stay back through a services agreement with SriLankan Airlines, officials said Monday. The Dubai based airline more than doubled its network during the last two years making Etihad one of the fastest growing airlines. The open-ended ‘codeshare’ […]

Auction of first A380 seats set to begin on Singapore

SINGAPORE, Aug 24, 2007 (AFP) – An online auction for seats on the first commercial flight of the super jumbo Airbus A380, between Singapore and Sydney, was to begin Monday night, a Singapore Airlines spokesperson said.“The auction proper will start at 8:00 (pm),” or 1200 GMT, the spokesperson told AFP. Seats are being offered for […]

Japanese shares up 1.06 percent in morning

TOKYO, Aug 27, 2007 (AFP) – Japanese share prices rose 1.06 percent in morning trade Monday with sentiment boosted by solid gains on Wall Street last week as fears eased over a credit crunch, dealers said. The Tokyo Stock Exchange’s benchmark Nikkei-225 index of leading shares was up 172.92 points at 16,421.89 at the lunch […]

Yahoo rolls out enhanced e-mail service

SAN FRANCISCO, Aug 26, 2007 (AFP) – US Internet titan Yahoo on Monday is introducing an upgraded free e-mail service with enhancements that include letting people send text messages from computers to mobile telephones.The improved Yahoo! Mail being rolled out around the world in the coming weeks is the most extensive overhaul of the web-based […]

Nine rebels killed in Sri Lanka clashes: military

Aug 27, 2007 (AFP) – At least nine Tamil Tiger rebels were killed and five government soldiers wounded in weekend battles in northern Sri Lanka, the defence ministry said Monday.The nine members of the Liberation Tigers of Tamil Eelam (LTTE) were killed in northwestern Mannar district, the ministry said in a statement. Army troops also […]

Normal Light

August 27, 2007 (LBO) – The powerful engineers union of Sri Lanka’s state-owned electricity utility has temporarily suspended industrial action started last week, following talks with senior government officials. Secretaries to the President, the treasury and energy and the CEB chairman met the Ceylon Electricity Board Engineers Union (CEBEU) Sunday after a work-to-rule campaign began […]

Banking Revolution

August 25, 2007 (LBO) – Bangladesh’s Grameen Bank has reached out to 124 million poorest families globally during its 31 years of existence, its founder, Nobel laureate Muhammad Yunus says. The Grameen Bank reaches into ‘risky market segments that formal banking sectors in poor countries dare not reach, touching the lives of millions of people. […]

” as blasts kill 42

HYDERABAD, India, Aug 26, 2007 (AFP) – Indian security forces launched a manhunt Sunday for those behind twin bombings in the southern city of Hyderabad that killed 42 people, with officials pinning the blame on Islamic militants.More than 50 others were injured in the blasts late Saturday, which ripped through a packed street restaurant in […]

Victims tell how Hyderabad laser show crowd was struck by bombs

HYDERABAD, India, Aug 26, 2007 (AFP) – Romanna was bleeding and in shock after being wounded in a series of terror blasts that rocked this southern Indian city late Saturday, killing 36 people and injuring 60. A string of explosions went off in an auditorium packed with families watching a laser show, while other blasts […]

Sri Lanka defence analyst silenced amid fears for life

Aug 26, 2007 (AFP) – A top Sri Lankan defence columnist stopped writing fearing for his life after he exposed alleged corruption in the purchase of second-hand supersonic jets, the Sunday Times weekly said.The “Situation Report” by Iqbal Athas was not being published Sunday after the government withdrew police body guards who had been assigned […]

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