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European Union antitrust chief Neelie Kroes said she intends to clear Deutsche Lufthansa's takeover of Austrian Airlines, though with conditions attached.

UAE. The financial challenge faced by the regional shipping industry in the global economic slowdown is to be examined at Middle East Money & Ships, the region's premier networking event for senior executives from the maritime and finance sectors.

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Results expected to raise fresh concern over return of bonus cultureBarclays and HSBC are tomorrow expected to demonstrate it is 'business as usual' again in the City by reporting bumper revenues in their investment banking divisions that could unleash big bonuses for top bankers.Barclays will be the first of the high street banks to report first half figures tomorrow when its investment banking division is expected to report record revenues that will translate into bigger bonuses for the 20,000 staff of the operation. It will revive controversy over excessive pay in the City, where a culture of linking reckless risk-taking to huge bonuses was blamed for the financial crisis which has led Britain and the world into recession.But despite threats by the government and regulators to rein in excessive pay as the price for pumping billions of pounds of taxpayers money to prop up the banking system at the height of the crisis last autumn, no new curbs have been put in place and no legislatio

Results expected to raise fresh concern over return of bonus cultureBarclays and HSBC are tomorrow expected to demonstrate it is 'business as usual' again in the City by reporting bumper revenues in their investment banking divisions that could unleash big bonuses for top bankers.Barclays will be the first of the high street banks to report first half figures tomorrow when its investment banking division is expected to report record revenues that will translate into bigger bonuses for the 20,000 staff of the operation. It will revive controversy over excessive pay in the City, where a culture of linking reckless risk-taking to huge bonuses was blamed for the financial crisis which has led Britain and the world into recession.But despite threats by the government and regulators to rein in excessive pay as the price for pumping billions of pounds of taxpayers money to prop up the banking system at the height of the crisis last autumn, no new curbs have been put in place and no legislatio

Results expected to raise fresh concern over return of bonus cultureBarclays and HSBC are tomorrow expected to demonstrate it is 'business as usual' again in the City by reporting bumper revenues in their investment banking divisions that could unleash big bonuses for top bankers.Barclays will be the first of the high street banks to report first half figures tomorrow when its investment banking division is expected to report record revenues that will translate into bigger bonuses for the 20,000 staff of the operation. It will revive controversy over excessive pay in the City, where a culture of linking reckless risk-taking to huge bonuses was blamed for the financial crisis which has led Britain and the world into recession.But despite threats by the government and regulators to rein in excessive pay as the price for pumping billions of pounds of taxpayers money to prop up the banking system at the height of the crisis last autumn, no new curbs have been put in place and no legislatio

About 48 hours after threatening a strike, the Federation of Indian Airlines withdrew the call on Sunday, due to the agitated 'public sentiments'.

Pressured by low-cost carriers, the Federation of Indian Airlines (FIA) has called off its decision to suspend domestic operations on August 18, two days after it was announced.

Families on food stamps have been reaping the benefits of the stimulus package which gave poor families more food stamp money. As Terrell Brown reports, this could be a spark that ignites businesses.

The new education bill [Will the Bill improve education outcomes (July 18)] seems to be yet another big waste of money. Both participants have pointed out that the bill focuses more on the physical buildings and not so much on the outcomes of education.