Financial Eyes & Ears

EVERETT, Washington (AFP) – Boeing’s new 787 Dreamliner jet takes to the skies for the first time Tuesday, in a critical milestone for the problem-plagued aircraft seen as key to the future of the US aerospace giant.

ATHENS (AFP) – Greece took the offensive on Tuesday in a bid to salvage its economic credibility after a plan to solve the worst debt crisis in modern Greek history left the EU and the financial markets sceptical.

KUWAIT CITY (AFP) – Gulf states on Tuesday brushed off mounting economic threats including Iraq’s plans to massively boost oil output as they strode towards launching their own single currency.

GENEVA, Switzerland (AFP) – Airlines braced for another turbulent year as industry group IATA on Tuesday forecast bigger than expected losses of 5.6 billion dollars in 2010 despite a recovery in passenger traffic.

WASHINGTON (AFP) – Surging energy costs lifted wholesale prices 1.

Was David Sarnoff an entrepreneur or a cunning corporate warrior? In some respects, the broadcasting pioneer was a little of both. Born in a small village in Belarus, Sarnoff came to America as a young boy and began selling newspapers to support his family. He was soon running a whole newsstand, and then he began [...]

WASHINGTON (AFP) – Surging energy costs lifted wholesale prices by 1.

CHICAGO (AFP) – General Motors will repay its US government loans by the end of June, the automaker said Tuesday.