Tuesday, December 2, 2008

Air Travel Demand Drops; Delta Cuts Capacity for 2009

Air travel demand was far lower in November than expected — enough to persuade Delta Air Lines (DAL) to lock in 2009 capacity cuts of 6% to 8%...

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Source: USA Today

Wall Street Rebounds With Gains on Autos and GE

Stocks snapped back on Tuesday after a pledge by General Electric, a global bellwether, to leave its dividend intact in a fragile economy sparked optimism...

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Source: Reuters

Monday, December 1, 2008

Star Wars Creator, Google CEO Among Obama Donors

Filmmaker George Lucas and Google CEO Eric Schmidt are among the donors helping to underwrite Barack Obama's transition to the U.S. presidency, according to figures released on Monday...

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Source: Reuters

Pierre Cardin Praises Vladimir Putin’s Style

Fashion designer Pierre Cardin has become an honorary member of the Russian Academy of Arts at the ceremony which took place in Moscow Thursday...

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Source: Pravda

E-commerce in Russia: IT Minds Expecting The Next E-Boom

Antoine Poissonnier, a recent graduate of Harvard Business School, says he's not deterred by the economic crisis. In mid-December, he will launch a new Russian online luxury-goods retailer, CollectionPrivee...

Read more E-commerce in Russia: IT Minds Expecting The Next E-Boom

Source: Moscow Times

Russia's NATO Ambassador, Dmitry Rogozin Sees Threat to Ukraine

Ukraine will be threatened with collapse if it joins NATO, Russian permanent representative to the military alliance Dmitry Rogozin stated in a television interview with the BBC in Great Britain...

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Source: Kommersant

Russia: Rosneft Profit Beats Estimates as Oil Rises to Record

OAO Rosneft, Russia’s largest oil company, posted third-quarter profit that exceeded analysts’ estimates after crude prices rose to a record...

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Source: Bloomberg