United to choose between Boeing and Airbus

Source: Bloomberg
© Scanpix/New York Times

United Continental Holdings Inc. is planning to renew its flotilla of single-aisle airplanes and is currently participating in talks with Airbus SAS and Boeing Co regarding an order of about 200 jets. United Continental Holdings, world's biggest airline is considering Airbus A320 and Boeings 737 as well as new models with more effective engines. United Continental Holdings Inc. was created in 2010 after a merger of Continental Airlines and United Airlines.

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Thu, 24 Nov 2011 13:15:36 GMT

FTSE 100 index increases on miners and banks

Britain's benchmark stock index increased by 0.6% on the increased business confidence in Germany. The strongest gainers are British banks and miners; the Royal Bank of Scotland Group PLC increased by 3.9%, Lloyds Banking Group PLC gained 3.6% and Barclays PLC rose by 3.5%. The top gainers among miners are Vendanta Resources PLC and Xstrata PLC that gained 3.9% and 3.7% respectively.

Thu, 24 Nov 2011 13:13:04 GMT

Portugal protests against austerity

Today Portugal faces general strike, first since November 2010, as unions engage into demonstrations against austerity measures approved by Portuguese parliament to ensure the international bailout. Unions have disrupted shipping, services and travel. Serious distractions are expected in airports and rail stations. Strike takes place exactly one year after demonstrations against the first austerity implementation.

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