While ST Aerospace leads the engineering development work in collaboration with Airbus and EADS EFW, EADS EFW will lead the industrial phase.
Her name is Gina Rinehart, she's an only child and a magnate in the mining industry. And with a fortune of some £18 billion (that's around £29bn Australian dollars) according to business magazine BRW she's the world's richest woman.
Bank's chief executive Lloyd Blankfein would be taking a pay cut and receive lower pay compared to his counterparts in JPMorgan and Citigroup, shareholders told.
Trading in shares of Spain’s fourth largest bank has been suspended over bailout rumours.
Alibaba raising funds for the buyback through a stake sale to China Investment Corp.
IronMonkey Studios presents Mass Effect: Infiltrator to Android Devices through Google Play, following its release to iOS platform.
Gina Rinehart, an Australian mining tycoon has leap-frogged Walmart heiress Christy Walton as the world's richest woman with a daily income of £32m.
BioWare has set tougher goals in the forthcoming Multiplayer Challenge - Operation Shieldwall - as the player's community failed to complete the previous weekend challenge - Operation Silencer.
Prada unaffected by eurozone crisis or Chinese slowdown.
The world’s largest manufacturer of PCs, Hewlett Packard, is feeling the heat of the global recession as it announced its intention to axe 27,000 jobs worldwide - about 8% of its total workforce - within two and a half years.
Grexit talk gets real as EU Leaders meet the low expectations set at Brussels dinner summit
Company plans to complete layoffs within two years, mainly through early retirement to minimise number of redundancies.
It was all about the Grexit: what if Greece leaves the Euro scenario but despite that the President of the EU Council, Herman Van Rompuy said they don't want Greece to leave.
More than 120 schoolgirls and three teachers have been rushed to hospital after a suspected deadly poison attack by the Taliban in Afghanistan.
The economic slowdown in China has affected the growth of exports in other Asian countries, especially in Japan.
The British defence group signs bumper deal with Saudi Arabia, which includes jets and related support and services
At the heart of the European Union is a pact that was first formed by two European leaders who were determined to lay to rest for good, the past enmity between their two countries. Konrad Adenauer, Chancellor of West Germany from 1949 to 1963, made his first visit to General de Gaulle, the French President and founder of the Fifth Republic, at his home in Colombey-les-Deux Églises in 1958.
The retail sales fall wipes out gains made in March and is another sign that the UK is back in recession.
Burberry reported full-year profits of £366m - a 24 percent rise - but said a new investment of around £200m could hit future profitability.
It was the most hotly anticipated stock debut in years, raising $16bn, and valuing the social networking sensation, Facebook at $104bn. But now - just days after the fanfare - it’s in another media storm.
London Stock Exchange shares dive after Italy's UniCredit and Intesa Sanpaolo confirm stake sale
We all spent much less last month and it’s a record drop. According to figures released by the Office of National Statistics today, retail sales volumes fell by 2.3% last month, all because of a sizeable fall in petrol sales.
Former Greek PM claims exit risk "real" as European Leaders prepare emergency Summit meeting
Australia ranks as world's happiest nation in OECD Better Life Index - ahead of Norway and US.
The British government and the Bank of England must do much more to stimulate growth in the country's economy, the IMF's Christine Lagarde said.
A new chapter in spaceflight was opened today as Spacex became the first private firm to launch a vessel to the International Space Station.
The number of Royal Dutch Shell shareholders opposing company executive pay rises increases.
Despite disappointing April data showing a slowdown in China iron ore, coal, copper and other commodities demand, analysts tell IBTimes UK that there is nothing to worry about
Credit rating agency downgrades Japan's rating to A+ with a negative outlook
UK Consumer Price Index annual inflation rate falls to 3 percent year on year and 0.6 percent month on month
