British Airways announces record losses

Saturday, May 23, 2009 British Airways (BA), the flag carrier for the United Kingdom, announced record losses today. For the first quarter of the year ending March 31, the airline reported losses of £401 million before tax, despite revenues which rose to £9 billion over the previous year. The company’s finances have suffered from rising […]

Coalition ups ante on Australian school tax rebates

Wednesday, July 21, 2010 Australian opposition leader Tony Abbott has pledged private school relief if the Liberal/National coalition wins the upcoming federal election. The pledge came in response to the Australian Labor Party leader, and current Prime Minister, Julia Gillard proposing a uniform and school equipment tax break expansion. Abbott’s proposal includes an offer of […]

SpaceX scrubs Falcon I rocket launch

Monday, November 28, 2005 SpaceX called off the much-delayed inaugural launch of their new Falcon 1 rocket on Saturday from Kwajalein’s Omelek Island launch site. The intent was to launch the U.S. Air Force Academy’s FalconSat 2 satellite, which will monitor plasma interactions with the Earth’s upper atmosphere and magnetosphere. The launch was delayed, then […]

Prestigious 2007 design award given to TAG Heuer

Wednesday, January 31, 2007 Officials from TAG Heuer have announced that the company received the iF product design award, which was given away by the jury from the International Forum Design. TAG Heuer received the award for its concept watch, called Monaco Calibre 360 (Linear Second) Concept Chronograph. The jury that gives away the iF […]

Second case of BSE confirmed in U.S.

Saturday, June 25, 2005 Seven months after suspicions were first raised, United States Agriculture Secretary Mike Johanns confirmed that a second American cow has tested positive for BSE (also known as ‘mad cow disease’), as determined by a lab in Weybridge, England. The department believes that this cow was born in the United States. The […]