DP World, the world’s third-largest port operator, has sold its 25% stake in Russia's Vostochny container terminal, its latest disposal of non-core assets.
DP World sells stake in Russian firm for $230 million [al-Arabiya]
India's civil aiviation regulator says not satisfied with Vijay Millya airline's answers to why it shouldn't be suspended for failing to establish a safe service.
Billionaire Eike Batista's goal of creating the world's third largest port has suffered a set back with companies like Nissan Motor, Anglo American and Ternium going cold on the project.
Prospects of a Latin American takeover of Portugal's state-owned airline TAP have been boosted by Europe's three largest airlines shunning the sale that is part of Portugal's bail-out program.
Airlines say they have started confidential merger talks. But a deal, which would create one of the world's largest airlines, is still far from reality.
Flight attendants at AmericanAirlines on Sunday accepted the company's last and finalcontract offer, a decision that will help the bankrupt carrierin its bid to cut labor costs.
