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(MENAFN - AFP) Boeing has struck a deal with Iran Air to provide plane parts, the first time the US firm will be doing business with Iran since the US embargo of 1979.

According to a regulatory filing published Wednesday, Boeing will supply goods and services "related to the safety of flight" to Iran Air, the country's flag carrier.

The filing says that the agreement, ...

 
(MENAFN - AFP) Canada's Bombardier will cut 1,800 jobs, the troubled aviation giant announced Wednesday in a major reorganization.

"This marks another step in Bombardier's evolution," said Pierre Beaudoin, the company's president and chief executive officer, who said the overhaul, to be completed by January 1 of next year, would reduce costs and overhead.

A spokeswoman ...

 
(MENAFN - AFP) A purportedly pristine copy of the first Superman comic book could fetch millions of dollars when it goes up, up and away in an auction at online marketplace eBay.

A copy of Action Comics #1 in which the Kryptonian superhero made his debut in 1938 will be offered in an eBay auction that opens on August 14 and run for ten days.

"This is an extraordinary ...

 
(MENAFN - AFP) South Africa's government plans to extend AIDS tests to the country's entire population and speed up antiretroviral treatment of those who test positive for the virus, the health minister said Wednesday.

"We come from very far in the past five years," Aaron Motsoaledi told parliament.

"But a lot still needs to be done," the minister said while presenting ...

 
(MENAFN - AFP) A medical journal raised concerns Wednesday about a blood-thinning drug widely used by people at risk of stroke, accusing its manufacturer of concealing safety data and regulators of laxness.

A key selling point of the drug known as Dabigatran or Pradaxa was that it required no blood-level monitoring, as does competitor warfarin.

Dabigatran's maker, Boehringer ...

 
(MENAFN - AFP) A doctor in charge of an Ebola treatment centre in Sierra Leone has been admitted to hospital after contracting the deadly virus himself, the health ministry said Wednesday.

The news comes just days after three nurses from the same facility died of the disease, which has killed hundreds of people throughout west Africa and continues to spread.

Dr Omar ...

 
(MENAFN - AFP) Chinese President Xi Jinping wrapped up a nine-day Latin American tour in Cuba on Wednesday, heading home with dozens of deals underlining Beijing's growing interest - and influence - in the region.

Xi kicked off his trip at a summit of the BRICS emerging powers in Brazil, then traveled to Argentina, Venezuela and Cuba - three countries that have often been ...

 
(MENAFN - AFP) Shrugging off the threat of additional Western economic sanctions, Russian officials indicated on Wednesday that the 2014 growth forecast is likely to be doubled.

"We are moving at a level of about one percent annual growth in GDP ... and are likely to stay there until the end of the year" senior Kremlin advisor Andrei Belousov was quoted as saying by Russian ...

 
(MENAFN - AFP) Facebook on Wednesday reported that is quarterly profit more than doubled amid big gains in ad revenues and a jump in users.

Net income leapt to $791 million during the three months ended June 30 in a 138 percent increase from the $333 million made during the same period a year earlier, the world's biggest social network said.

"We had a good second quarter," ...

 
(MENAFN - AFP) The S&P 500 Wednesday closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks.

The S&P 500 added 3.48 points (0.18 percent) at 1,987.01, breaching a record set three weeks ago by about three points.

The Dow Jones Industrial Average dropped 26.91 (0.16 percent) to 17,086.63, dragged down by a hefty ...

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