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World air travel falls record 3.1 percent in 2009 »

World air travel falls record 3.1 percent in 2009

World airline passenger traffic fell 3.1 percent in 2009, the biggest drop in aviation industry history, fueled by the global financial downturn, the International Civil Aviation Organization said.

The perfect parallel park is a mere formula away »

The perfect parallel park is a mere formula away

With pen and paper handy, you too can fit that space.

Nauru shines in region’s realpolitik spotlight »

Nauru shines in region’s realpolitik spotlight

The South Pacific atoll nation of Nauru has had a rare moment in the international spotlight by saying it will recognise the republics of Abkhazia and South Ossetia.

Ukraine wants $2bn IMF loan »

Ukraine wants $2bn IMF loan

Ukraine makes an urgent appeal to the International Monetary Fund, calling for about $2bn in emergency loans.

US retail sales increase further »

US retail sales increase further

US retail sales in November again rose by more than expected, up 1.3% from the previous month, according to official figures.

Men guilty of share-selling fraud »

Men guilty of share-selling fraud

Two men who were involved in a £1m “boiler room” share-selling scam are found guilty of conspiracy to commit fraud.

Gates sees more Iran sanctions over nuclear plans »

Gates sees more Iran sanctions over nuclear plans

KIRKUK, Iraq (Reuters) – U.S. Secretary of Defense Robert Gates said on Friday he expected the international community to impose significant additional sanctions against Iran over its nuclear program.

HMV sees gains from fewer rivals »

HMV sees gains from fewer rivals

Music, games and books retailer HMV says its losses have shrunk after several competitors have collapsed.

Wendy’s burgers to go from Japan »

Wendy’s burgers to go from Japan

Burger chain Wendy’s is to withdraw from Japan after local operator Zensho ends its contract with the US firm.

Islamists jailed over mid-air bomb plot »

Islamists jailed over mid-air bomb plot

Three Islamic extremists were jailed on Thursday over a foiled plot to blow up passenger airliners flying between Britain and North America.