Drone risks damage at record depth in search for Malaysian plane

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PERTH, Australia - An underwater drone scouring the Indian Ocean floor for a missing Malaysian jetliner has dived to its deepest ever level, putting its equipment at unprecedented risk, as hopes dwindled that it might soon turn up some sign of wreckage.

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Search for Malaysia jet refocuses on drone scans of sea floor 17 Apr 2014

PERTH, Australia - Footage taken by a deep-sea drone should determine sooner than previously thought whether a remote stretch of the Indian Ocean is the final resting place of a missing Malaysian jetliner, Australian search authorities said on Thursday.

Russian airline says Ukraine will restrict entry of Russian men 17 Apr 2014

MOSCOW - Aeroflot on Thursday said Ukraine has informed the Russian airline it will impose tight restrictions on the entry of Russian men into the country, where pro-Russian separatist rebellions have broken out.

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Etihad toughens stance on Alitalia deal but talks continue - sources 17 Apr 2014

ROME - Etihad Airways has toughened its stance on conditions for investing in Italy's struggling Alitalia airline but talks are continuing, sources said on Thursday.

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Ocean floor search for missing Malaysia plane cut short again 16 Apr 2014

PERTH, Australia - The search for a Malaysia Airlines jetliner deep in the Indian Ocean was again cut short on Wednesday when technical problems forced a U.S. Navy underwater drone to surface without finding anything, officials said. | Video

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Undersea drone hunt for Malaysian plane may take two months 15 Apr 2014

SYDNEY/PERTH, Australia - A U.S. Navy underwater drone sent to search for a missing Malaysian jetliner on the floor of the Indian Ocean could take up to two months to scour a 600 sq km area where the plane is believed to have sunk, U.S. search authorities said on Tuesday. | Video

GKN quarterly profit jumps 22 percent on autos, aerospace 15 Apr 2014

LONDON - British engineering company GKN reported a 22 percent jump in quarterly profit, helped by higher production of light vehicles and a buoyant aerospace market, and said it was on track to grow in line with its plans, boosting its shares.

GKN first-quarter profit rises on higher light vehicle production 15 Apr 2014

LONDON - British engineer GKN reported a 22 percent jump in quarterly profit, helped by higher light vehicle production and a buoyant aerospace market, as it flagged growth would be more modest later this year due to tougher comparatives.

GKN first-quarter profit rises 22 percent 15 Apr 2014

LONDON - British engineer GKN reported a 22 percent jump in quarterly profit, helped by growth in demand for commercial aircraft and light vehicles, as it warned that later on in the year growth would be modest due to tougher comparatives.

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Fuji Heavy plans factory to make Boeing 777X wing boxes - Nikkei 15 Apr 2014

- Japan's Fuji Heavy Industries Ltd plans to open a plant as early as next year to build wing boxes for Boeing Co's 777X passenger jet, the Nikkei reported.