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US casino hotels industry to continue to grow in 2012

The US casino hotels industry began its recovery in 2010 and 2011, after a disastrous 2008 and 2009 when revenue declined 8.7% and 8.4%, respectively, ... Full story

Asian stocks rally on hopes for China eurozone help

Major Asian markets soared yesterday with Tokyo and Hong Kong hitting six-month highs, after China said it may dig into its massive foreign exchange reserves ... Full story

Garuda to by six Bombardier jets, 18 on option

Indonesia’s Garuda will buy six Bombardier CRJ1000 next generation jets with an option for 18 more in a deal that could be worth a total ... Full story

Japan Airlines orders 10 Boeing Dreamliners

Japan Airlines (JAL) yesterday said it had ordered 10 new Boeing Dreamliner aircraft as it looks to build on its recovery from bankruptcy and fight ... Full story

Asian stocks lower on Moody’s downgrades

Asian markets were mostly lower yesterday after Moody’s downgraded its credit ratings on six European nations, blaming the ongoing fallout from the continent’s debt crisis.The ... Full story

British Finance Minister George Osborne leaves 11 Downing Street in London, yesterday

Britain defends cuts after rating outlook

Britain’s finance minister defended his government’s harsh austerity measures yesterday after Moody’s said the country risked losing its pristine Aaa credit rating.Moody downgraded the debt ... Full story

Oil embargo on Iran will drive up prices: OPEC

US and EU sanctions on Iran’s oil exports will drive up oil prices globally because no viable alternative exists for the Islamic republic’s ... Full story

Boeing, Indonesia’s Lion Air sign record deal

Boeing and Indonesian carrier Lion Air formally signed Tuesday a USD 22.4 billion deal for 230 aircraft, the single largest contract in commercial aviation history.Lion ... Full story

A woman uses a mobile phone in front of the Big Ben, in London (File photo)

Vodafone mulls takeover bid for C&W

Mobile phone giant Vodafone said yesterday it was considering an offer for Cable & Wireless Worldwide, the global telecoms company set up in ... Full story

New European rocket lifts off on maiden flight

A new lightweight rocket, Vega, lifted off from Europe’s space base yesterday carrying nine satellites on its inaugural flight, mission control said.“The trajectory is normal,” ... Full story