Airlines

Separatists say will allow 'trapped' Ukrainian forces to withdraw

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MOSCOW/DONETSK Ukraine - Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a 'humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled. | Video

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Video shows Islamic State executes scores of Syrian soldiers 12:33pm BST

BEIRUT - Islamic State fighters executed scores of Syrian soldiers captures when the militants seized an airbase in the province of Raqqa at the weekend, according to a video posted on You Tube on Thursday.

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China executives make rare public criticism of aviation policy 11:15am BST

BEIJING - General aviation executives offered unusually sharp criticism of China's pace of industry reform, saying there had been too much talk and too little action in the four years since China announced plans to open up its low-altitude air space.

Death toll in Ukraine fighting hits 2,593 - U.N. human rights official 10:23am BST

KIEV - A total of 2,593 people, including civilians as well as Ukrainian and separatist combatants, have been killed in fighting in eastern Ukraine since it erupted in mid-April, a senior U.N. human rights official said on Friday.

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Malaysia Airlines to cut 6,000 jobs, de-list in $1.9 billion restructuring 9:28am BST

KUALA LUMPUR - Malaysia Airlines , the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit (1.14 billion pounds), majority investor Khazanah Nasional [KHAZA.UL] said.

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Germanwings pilots start strike as Lufthansa row rumbles on 7:29am BST

BERLIN - Pilots at Lufthansa's Germanwings started a six-hour strike on Friday, disrupting the travel plans of thousands of people returning from summer holidays, applying pressure on Lufthansa management in their dispute over a pension scheme.

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Ukraine president accuses Russian soldiers of backing rebel thrust 12:46am BST

KIEV - Ukraine's president said on Thursday that Russian troops had entered his country in support of pro-Moscow rebels who captured a key coastal town, sharply escalating a separatist war and prompting anger and alarm among Kiev's Western allies. | Video

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Video shows Islamic State executes scores of Syrian soldiers 28 Aug 2014

BEIRUT - Islamic State fighters executed scores of Syrian soldiers captures when the militants seized an airbase in the province of Raqqa at the weekend, according to a video posted on You Tube on Thursday.

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Productivity goes negative as China slips towards middle-income trap - study 28 Aug 2014

SHANGHAI - Chinese productivity growth has gone into reverse for the first time since the Cultural Revolution tore the country apart in the 1970s, according to a new study, highlighting the failure of recent reforms to set China on a sustainable development path.

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German finance minister backs French push for pro-growth investment 28 Aug 2014

PARIS - German Finance Minister Wolfgang Schaeuble on Thursday backed French President Francois Hollande's calls for greater investment to boost growth in Europe, hours after Hollande called for a euro zone summit to coordinate pro-growth measures.