June 23, 2011
Airbus and AirAsia announce record deal for 200 planes
Airbus piled up the orders at the Paris air show as it announced the largest single order of commercial aircraft in history. Malaysia's low-cost carrier AirAsia is buying 200 of the A320neo jets, in a deal worth about $18bn (£11bn). That eclipsed a…
June 23, 2011
Saab says cannot pay employee wages
Swedish carmaker Saab has said it does not have enough money to pay its employees' wages. Owner Swedish Automobile said it was in discussions with lenders to try and obtain short-term funding. Earlier this month, the company said it had reached a…
June 23, 2011
Greece bail-out to dominate EU summit in Brussels
The threat of a Greek debt default undermining the euro overshadows an EU summit getting under way in Brussels. The 27 EU leaders are expected to reaffirm their determination to defend the single currency. But the BBC's Europe editor says there is…
June 23, 2011
Federal Reserve cuts its US economic growth forecast
The Federal Reserve has cut its growth forecast for the US economy in the face of the impact of higher energy prices. It now estimates that the US economy will expand between 2.7% and 2.9% this year, down from its April forecast of 3.1% to 3.3%. The…
June 23, 2011
Obama Orders 33,000 Troops Out of Afghanistan
U.S. President Barack Obama goes to New York Thursday to promote his plan to…
June 23, 2011
US Authorities Capture Alleged Gangster Linked to 19 Murders
U.S. authorities have captured an alleged gangster linked to 19 murders after he had been on the run for more than 16 years. The Federal Bureau of Investigation said it arrested James (Whitey) Bulger, along with his longtime girlfriend, Catherine…
June 23, 2011
Wimbledon 2011: Rafael Nadal beats Ryan Sweeting
Defending champion Rafael Nadal crushed Ryan Sweeting 6-3 6-2 6-4 to move swiftly into round…
June 23, 2011
Suns president Babby: Nash will not be traded. Period.
The Phoenix Suns are again shooting down Steve Nash trade rumors. Suns President of Basketball Operations Lon Babby emphatically said that the two-time league MVP isn't going anywhere, and he added center Marcin Gortat to the untouchable list. In…
June 23, 2011
Warner condemns leaked FIFA bribery report
Former FIFA executive Jack Warner has condemned the leak of an excerpt of FIFA Ethics Committee Report, which brands him as “an accessory to corruption,” as part of an ongoing “malicious agenda” to destroy the cohesion of the Caribbean Football…
June 23, 2011
British High Commission launches 2012 Olympic competition
In an effort to help generate more public interest in the London 2012 Olympic Games, the British High Commission has launched an innovative Olympic competition. Up for grabs is a bag full of London 2012 memorabilia, signed by none other than…