Airbus A380 touches down at London’s Heathrow Airport

HEATHROW AIRPORT, England, May 18, 2006 (AFP) – The biggest passenger aircraft in the skies, the Airbus A380, landed at London’s Heathrow Airport on Thursday.The super-jumbo touched down at the west London airport at 1:19 pm (1219 GMT), making its British debut to test new facilities for jumbo aircraft. The arrival of the gigantic double-decker […]

Annan says it’s Asia’s turn for secretary general

TOKYO, May 18, 2006 (AFP) – UN Secretary General Kofi Annan said Thursday that most nations believe his successor should come from Asia, as campaigning for his replacement intensifies.“I can say that most of the member states believe that it is a turn for Asia,” Annan told a news conference in Tokyo. “It is a […]

Mortar bomb attacks in Sri Lanka’s restive region

May 18, 2006 (AFP) – Heavy mortar bomb attacks were reported from Sri Lanka’s restive north-eastern port district of Trincomalee Thursday, residents and police said.Security forces were firing at suspected Tamil rebel positions from which they came under attack overnight, police said as residents said they heard several mortar bomb explosions within a half-hour period. […]

Good Windfall

May 18, 2006 (LBO) – Sri Lanka’s NDB Bank Thursday reported a 585 percent jump in first quarter profits boosted by capital gains from the partial equity stake sale in Eagle Insurance. “The results are not surprising, considering the capital gains made from the part sale of Eagle to Aviva,” notes Chinthaka Ranasinghe, Head of […]

Aitken Spence on the brink of picking up their fourth Maldivian resort

May 18 (LBO) – Sri Lanka’s Aitken Spence & Company is currently wrapping up a deal to pick up their fourth Maldivian resort, a top company official said Thursday. “We are at the final stages of signing an agreement to sub lease the Lohifushi in Maldives from their current owners,” Malin Hapugoda, Managing Director of […]

Foiled Plan

May 18 (LBO) – Attempts to widen the takeovers and mergers code to include indirect company takeovers is unlikely to work, Sri Lanka’s securities watchdog said Wednesday. Under the code, when a buyer triggers the 30 percent threshold of a target company, the firm has to make a mandatory offer to the remaining shareholders. The […]

Making Progress

May 18 (LBO) – Software solutions company KingsLake together with Progress Software Corp., launched a new version of its Open Edge software on Wednesday to speed up day-day business applications. Open Edge Software Version 10.1 is what is called an Integrated Development Environment (IDE) to develop business solutions for modern business logics. The software is […]

” set to open in London

LONDON, May 18, 2006 (AFP) – The world’s first “theme park” dedicated to sex and relationships is set to open in London’s bustling West End later this summer, its promoters said Thursday.Amora: The Academy of Sex and Relationships, featuring “high-tech and interactive exhibits together with new media displays,” expects up to 600,000 visitors within its […]

‘ve got 3.5 minutes…

LONDON, May 18, 2006 (AFP) – The average British worker spends just 3.5 minutes on average actually eating lunch, in order to cram as much as possible into their break, according to a survey published Thursday.The study of 2,000 people suggested nearly two-thirds (64 percent) tried to fit a number of activities into their lunch […]

‘s Heathrow Airport

HEATHROW AIRPORT, England, May 18, 2006 (AFP) – The biggest passenger aircraft in the skies, the Airbus A380, landed at London’s Heathrow Airport on Thursday.The super-jumbo touched down at the west London airport at 1:19 pm (1219 GMT), making its British debut to test new facilities for jumbo aircraft. The arrival of the gigantic double-decker […]

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