Renault Moves with Aid from France

March 23, 2009

www.renault.com Renault, the French car manufacturer, is going to shift some of their car production back to France, following a guarantee that they will receive aid from the government. The production of the company's Clio Campus model ...

Thomas Cook Sees Holiday Booking Increase

March 20, 2009

www.thomascook.com Thomas Cook, the tour operator, has seen an increase in holiday bookings to Europe during recent weeks despite the worsening recession. The group said yesterday that their performance improved since they gave their last update last ...

British Airports Authority May Challenge Ordered Airport Sale

March 20, 2009

www.baa.com The British Airports Authority says that they may appeal the ruling by the Competition Commission forcing the company to sell Gatwick and Stansted airports, as well as a third airport, either Glasgow or Edinburgh. The sale ...

Shell Investigated in Bribery Probe

March 18, 2009

www.shell.com Shell, a Dutch and British company, says that they were being investigated by authorities in the United States for possibly breaching overseas bribery rules. In the company annual report for last year, they said they were ...

The Independent Names Carrentals.co.uk 19th Top Travel Website

March 18, 2009

www.independent.co.uk / www.carrentals.co.uk The Independent unveiled their top 50 travel websites at the beginning of the week, with Carrentals.co.uk, the world-wide car hire comparator, included as number 19. According to the comparator's website, they ...

Gatwick Airport Bidders Get April Extension

March 18, 2009

www.gatwickairport.com The bidders of Gatwick Airport, the second largest airport in Britain, have been given an extra month to finalize their offers for the asset value of the airport, which is as much as £2 billion. After ...

Ford Europe to Reduce Capacity and Costs

March 17, 2009

www.ford.co.uk Ford, the US car maker, said yesterday that they are going to adjust production capacity according to the fall in demand.  They also signaled that more steps will come afterwards in order to reduce costs and ensure profitability. John Fleming, the ...

Edinburgh Airport May Not be Sold

March 16, 2009

www.edinburghairport.com It is anticipated that the Competition commission will reverse their decision to force the Edinburgh Airport to be sold.  The British Airports Authority, who owns Edinburgh Airport, has dominated the airport market in Scotland and the southeast.  They have been ...

OPEC Keep Oil Production Quotas Same

March 16, 2009

www.opec.org OPEC has agreed to keep their oil production quotas the same, and they will meet again on May 28th in order to review targets, according to the ministers after a day's meeting in Vienna.  Abdullah Bin Hamad Al-Attiyah, Qatari Oil ...

Ryanair Boss Angered over Aer Lingus

March 13, 2009

www.ryanair.com / www.aerlingus.com A huge uproar broke out among airlines on Wednesday as Michael O'Leary, the Chief Executive of Ryanair, accused the board of Aer Lingus for lying to their investors. Aer Lingus posted a pretax loss ...