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  • BEIJING— Many Chinese families of passengers on the missing Malaysian airliner demanded Friday that Malaysian officials retract their statement that all aboard died, saying that without hard evidence they don't want to start compensation claims. Malaysia's government formally declared still-missing Malaysia Airlines Flight 370 an accident on...

  • LONDON, Jan 30- Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group worth around 1.15 billion pounds, building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance. "IAG represents an excellent opportunity to further develop our Westwards strategy," Qatar Airways Chief...

  • DUBAI, United Arab Emirates— Qatar Airways announced Friday it has bought nearly 10 percent of the parent company of British Airways and Spain's Iberia, deepening wealthy Qatar's business ties to Europe and intensifying competition with the airline's fast-growing Gulf rivals. "It makes sense for us to work more closely together in the near term and we look...

  • LONDON, Jan 30- Qatar Airways has bought a 9.99 percent stake in International Airlines Group, worth around 1.15 billion pounds, building closer ties with the owner of its partners British Airways and Spain's Iberia in the oneworld alliance. "IAG represents an excellent opportunity to further develop our Westwards strategy," said Qatar Airways Chief Executive...

  • MOSCOW, Jan 30- Russia's government will employ a company belonging to an ally of President Vladimir Putin to build a bridge connecting mainland Russia to the Crimean peninsula, which Moscow annexed from Ukraine last year. It said SGM, owned by Putin's childhood judo partner Arkady Rotenberg, was "one of Russia's leading holding companies engaged in the...

  • Qatar Airways takes 9.99 pct stake in BA-owner IAG Friday, 30 Jan 2015 | 2:15 AM ET

    LONDON, Jan 30- Qatar Airways said on Friday it had bought a 9.99 percent stake in International Airlines Group, the owner of its partners British Airways and Iberia in the oneworld alliance. Qatar's national airline said it would look to strengthen commercial ties with the European group, and may consider increasing its stake over time, although it was not...

  • ATLANTA— Southern Co. said the firms building its new nuclear power plant in Georgia estimate the project will be delayed 18 months, potentially costing the power company $720 million in new charges, company officials said Thursday. Westinghouse Electric Co. and Chicago Bridge& Iron Co. expect the first reactor at Plant Vogtle will be complete in mid-2019, and...

  • Final Glance: Airlines companies Thursday, 29 Jan 2015 | 6:14 PM ET

    Delta Air rose $1.75 or 3.6 percent, to $50.21. JetBlue Airways Corp. rose $1.39 or 8.8 percent, to $17.16. Southwest Airlines Co. rose $1.19 or 2.6 percent, to $46.99.

  • Final Glance: Construction companies Thursday, 29 Jan 2015 | 6:14 PM ET

    NEW YORK— Shares of some top construction companies were up at the close of trading:. Fluor rose$. 83 or 1.6 percent, to $53.04. Quanta Services Inc. rose$. 47 or 1.8 percent, to $26.79.

  • DALLAS— Shares of Hawaiian Airlines' parent fell sharply in extended trading Thursday after the company said a key revenue measure would decline in the first quarter. Hawaiian Holdings Inc. reported fourth-quarter net income of $11 million, or 17 cents per share, down from year-ago earnings of $17 million, or 31 cents per share. Excluding costs of fuel-hedging...

  • RIO DE JANEIRO, Jan 29- Brazilian miner Vale's mega-ships have been able to dock at five ports in China, the firm's head of investor relations said on Thursday, as a ban that had been in place since 2012 is relaxed. In 2012, China's Ministry of Transport banned the ships from the country's ports, citing safety concerns. A month later, one of the ships docked at a port in...

  • Midday Glance: Construction companies Thursday, 29 Jan 2015 | 1:23 PM ET

    NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Fluor rose$. 10 or. 2 percent, to $52.31. Quanta Services Inc. rose$. 07 or. 3 percent, to $26.39.

  • LONDON, Jan 29- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly three decades as rates for all the four vessel types continued to flounder. "Dry bulk remains under pressure across all segments on the back of very thin spot demand," Omar Nokta of Clarkson...

  • US Airways flight returns to Austin, landing gear issue Thursday, 29 Jan 2015 | 12:10 PM ET

    AUSTIN, Texas— A US Airways flight bound for North Carolina has safely returned to Austin-Bergstrom International Airport with a possible landing gear issue. Spokesman Matt Miller says nobody was injured in Thursday's incident with Flight 5634, operated by Mesa Airlines. Miller says the CRJ-900 regional jet was heading for Charlotte, North Carolina, when a...

  • PARIS/ MUNICH, Jan 29- Airbus Group shook up the management and organisation of the A400M military transport programme on Thursday after the latest in a long series of delays and technical problems to beset Europe's largest defence project. Chief Executive Tom Enders acted two days after apologising in Britain over the problems and promising to draw internal "...

  • Early Glance: Airlines companies Thursday, 29 Jan 2015 | 10:40 AM ET

    Delta Air rose$. 10 or. 2 percent, to $48.56. JetBlue Airways Corp. fell$. 21 or 1.3 percent, to $15.56. Southwest Airlines Co. rose$. 01 or percent, to $45.81.

  • Early Glance: Construction companies Thursday, 29 Jan 2015 | 10:40 AM ET

    NEW YORK— Shares of some top construction companies are mixed at 10 a.m.:. Fluor rose$. 03 or. 1 percent, to $52.24. Quanta Services Inc. fell$. 26 or 1.0 percent, to $26.06.

  • PARIS/ MUNICH, Jan 29- Airbus Group shook up the management and the organisation of the A400M military transport programme on Thursday after the latest in a long series of delays and technical problems to beset Europe's largest defence project. Shares in Airbus Group fell 2.3 percent. The new man in charge of Military Aircraft, Alonso, 58, has been running Airbus...

  • Jan 29- JetBlue Airways Corp reported a better-than-expected quarterly profit as it benefitted from lower fuel prices and flew more passengers. JetBlue, whose shares were up 4.6 percent in premarket trading, said average fuel cost per gallon fell to $2.70 in the fourth quarter ended Dec. 31 from $3.10 a year earlier. JetBlue's net profit increased to $88 million,...

  • JetBlue Airways profit rises 87 pct Thursday, 29 Jan 2015 | 7:44 AM ET

    Jan 29- JetBlue Airways reported an 87 percent rise in quarterly profit as it flew more passengers and benefitted from lower fuel prices. Average fuel cost per gallon fell to $2.70 from $3.10 a year earlier. Net profit increased to $88 million, or 26 cents per share, from $47 million, or 14 cents per share.