Monthly Archives

October 2010

Alitalia profit soars

Italian airline Alitalia said Thursday its third quarter profit soared, reflecting a rise in passenger numbers, and predicted that it could surpass its financial target this year. The group, which was on the verge of bankruptcy in 2008,…

Yemeni woman arrested over mail bombs

Yemeni police arrested a woman on suspicion of mailing a pair of bombs powerful enough to take down airplanes, officials said Saturday as details emerged about a terrorist plot aimed at the U.S. that exploited security gaps in the worldwide…

Spanish unemployment rate falls

Spain's quarterly unemployment rate has fallen for the first time in more than three years, but remains the highest in Europe, official data has shown. The country's jobless rate declined to 19.8% in the July-September period, said the…

India backs down on BlacBerry ban

India has followed the United Arab Emirates in backing off from a threat to ban popular services on Blackberry devices, amid growing global concern over access to encrypted information. The Ministry of Home Affairs said Friday that…

Prices for LCD TVs drop as demand falls

Companies that make huge flat-screen televisions and their LCD panel components are alerting investors that demand is dropping in the U.S. and other developed markets. The forecasts trickled out as Asian electronics manufacturers reported…

Telecom companies told to arrange to co-share masts

The Minister of Communications, Mr Haruna Iddrisu, has said there is the need for co-location of masts by Telecommunication Service operators and other players in the industry to reduce the proliferation of masts in the country.…