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  • KUALA LUMPUR, Nov 1- Two children of a passenger on Malaysian Airlines Flight MH370 have sued the company and the Malaysian government for damages, the first lawsuit to be filed over the aircraft which disappeared in March. The two Malaysian boys, aged 13 and 14, filed the suit at the High Court registry, also naming the heads of the Department of Civil Aviation, the...

  • Russia charges man who caused Total CEO death Friday, 31 Oct 2014 | 5:07 PM ET
    Vladimir Martynenko, the driver of a snow plough involved in the crash that killed the head of French oil giant Total, sits inside the defendant's cage during his hearing in district court in Moscow, Oct. 23, 2014.

    The snowplow driver that caused the crash that killed the Total oil boss has been charged, the Daily Mail reports.

  • Virgin Galactic partner suffers loss of vehicle Friday, 31 Oct 2014 | 2:38 PM ET
    Richard Branson

    Virgin Galactic said its SpaceShipTwo rocket plane suffered an "in-flight anomaly" during a powered test flight on Friday, NBC News reports.

  • *Ups 2014 forecast to 550 mln- 600 mln euros above 2013. LONDON, Oct 31- The owner of British Airways and Iberia raised its forecast for profits this year and said it was on course for another rise in 2015 despite an increasingly competitive backdrop that has hit rival European airlines. International Airlines Group's performance contrasts with Air France-KLM...

  • LONDON, Oct 31- International Airlines Group reported a 30 percent jump in third-quarter profit on Friday and raised its forecast for the year, in contrast to the British Airways- owner's strike-hit rivals. The company said it now expected to increase this year's operating profit by between 550 million euros and 600 million euros from the 770 million euros it...

  • LONDON, Oct 31- International Airlines Group reported a 30 percent jump in third-quarter profit and upgraded its forecast for the year, reassuring investors after the British Airways- owner's strike-hit rivals cut their guidance. IAG's operating profit before exceptional items for the three months ended Sept. 30 came in at 900 million euros, compared to the...

  • SAN JUAN, Oct 30- Puerto Rico will begin overhauling its tax system and financially shoring up its highways and transportation authority in coming months, commonwealth officials said on Thursday, as the commonwealth fights to gain budget stability. Under the reforms, which were designed in consultation with KPMG at a cost of $4.7 million, Puerto Rico would...

  • MADRID, Oct 30- The Spanish government has decided to postpone its plans to privatise airport operator Aena with a $10 billion public share offer, a source with knowledge of the matter said on Thursday. The sale of a 49 percent stake in the world's biggest airports operator had promised to be the largest initial public offering in Europe this year.

  • *Q3 adjusted profit $0.12/ shr vs est $0.09/ shr. Q3 revenue up 21 pct to $4.91 bln vs est $4.81 bln. Oct 30- Bombardier Inc, a Canadian plane and train maker, on Thursday reported better-than-expected third-quarter earnings as aircraft deliveries shot up nearly 60 percent.

  • Oct 30- Canadian plane and train maker Bombardier Inc reported a better-than-expected profit in the third quarter as the number of aircraft it delivered shot up nearly 60 percent. After hiking the estimated cost of the program by $1 billion to $4.4 billion in February, test flights were halted in May after an engine failed during tests. Revenue from the...

  • Next up for Uber? Maybe Fiji, Greenland, Siberia Wednesday, 29 Oct 2014 | 12:19 PM ET
    Travis Kalanick CNBC Next 25

    Travis Kalanick, Uber founder and CEO, tells CNBC the controversial car service may head to towns as small as 20,000 people.

  • The 14- story Antares rocket, built and launched by Orbital Sciences Corp, blasted off from the Wallops Flight Facility at 6:22 p.m. on Tuesday but burst into flames moments later, the first disaster since NASA turned to private operators to run cargo to the space station. Orbital Sciences stock fell 15.9 percent to $25.54 on Wednesday. The loss of the supply...

  • OTTAWA, Oct 29- Canada has issued an emergency order to railways detailing how many handbrakes they must set on unattended trains to prevent deadly runaways, and will hire new staff to conduct an "audit blitz" of rail companies' safety systems. The announcement on Wednesday came in response to the Canadian Transportation Safety Board's final report in August on...

  • PARIS, Oct 29- Air France-KLM said it would limit investments and accelerate cost controls next year to mop up the remaining impact of a recent pilots' strike that helped slash its operating profit by more than half in the third quarter. The Franco-Dutch airline group said on Wednesday its revenue fell 6.7 percent in the third quarter to 6.695 billion euros, while...

  • Beijing subway fares poised to double Tuesday, 28 Oct 2014 | 11:09 PM ET
    Chinese commuters crowd onto a subway car on the metro during rush hour in Beijing, China.

    Beijing has warned users that subway fare increases could more than double the cost of an average commute. The Financial Times reports.

  • LIMA, Oct 28- Hundreds of indigenous community members took control of a small Amazonian airport inside Peru's biggest oil block, tribal leaders said on Tuesday, part of a dispute with Argentine energy firm Pluspetrol and the government over pollution and use of local resources. The airport, in the district of Andoas in Peru's northern region of Loreto, was...

  • Oct 28- An unmanned Antares rocket exploded seconds after liftoff from a commercial launch pad in Virginia on Tuesday, marking the first accident since NASA turned to private operators to deliver cargo to the International Space Station. The 14- story rocket, built and launched by Orbital Sciences Corp, blasted off its seaside launch pad at the Wallops Flight...

  • The cause of the accident was not immediately known, said NASA mission commentator Dan Huot. NASA launch control said damage appeared to be limited to the launch facility and rocket. Virginia- based Orbital Sciences is one of two companies hired by NASA to fly cargo to the station after the space shuttles were retired.

  • NEW YORK, Oct 28- The U.S. Department of Transportation said on Tuesday it is looking into a complaint that Delta Airlines Inc used "unfair and deceptive practices" to block development of a second major airport near Atlanta. The agency's action comes in response to a complaint filed by county commissioners and a private group trying to develop commercial air...

  • The cause of the accident was not immediately known, said NASA mission commentator Dan Huot. NASA said there were no injuries. Virginia- based Orbital Sciences is one of two companies hired by NASA to fly cargo to the station after the space shuttles were retired.

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