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(MENAFN - AFP) Beleaguered Indian airline SpiceJet resumed flights late Wednesday afternoon following an agreement to pay cash for fuel purchases, hours after it grounded its fleet and stranded thousands of travellers.

The no-frills airline, one of India's leading carriers, was forced to cancel all flights after suppliers refused to refuel its planes due to unpaid bills, ...

(MENAFN - AFP) European stock markets steadied Wednesday as oil prices rebounded and investors awaited the outcome of the US Federal Reserve meeting.

London's benchmark FTSE 100 index rose 0.07 percent to 6,336.48 points, while in Paris the CAC 40 climbed 0.46 percent to 4,111.91 points, but in Frankfurt the DAX 30 edged down 0.02 points to 9,544.43 points.

"European ...

(MENAFN - AFP) Cambodian health authorities on Tuesday said more than 80 people -- including children and the elderly -- who tested positive for HIV/AIDS in a single remote village may have been infected by contaminated needles.

Hundreds of panicked residents of the village in Battambang province in the country's west have flocked to a health centre for testing since news ...

17 Dec 2014   Uber fights French ban at EU 
(MENAFN - AFP) Uber, the taxi app company under fire around the world, has filed an EU complaint against a French ban on amateur drivers doubling as chauffeurs, the European Union said on Wednesday.

"We have received a complaint and we are currently analysing it," said European Commission spokeswoman Lucia Caudet, who also handles internal market issues, without providing ...

(MENAFN - AFP) The chief executive of Brazil's state oil giant Petrobras said Wednesday that she will not resign despite the corruption scandal shaking the company and the ruling Workers' Party.

Saying she had President Dilma Rousseff's "trust," CEO Graca Foster said she and her board of directors would all be investigated as part of an independent audit ordered after investigators ...

(MENAFN - AFP) Brazilian scientists have discovered antibiotic-resistant super-bacteria thought to emanate from hospital waste in the latest bad news for the polluted bay that will host sailing events at the 2016 Olympics.

Contact with the bacteria, which was found at three locations in a river feeding Guanabara Bay, could cause infections that require hospitalization, said ...

(MENAFN - AFP) US consumer prices fell 0.3 percent in November, much more than forecast, even as declining oil prices were expected to cause a contraction, Labor Department figures showed Wednesday.

The prices of food and services were higher, but the 3.8 percent fall in energy prices from October more than offset those rises.

Economists had expected a fall of just ...

(MENAFN - AFP) The European Union on Wednesday adopted a budget for next year that contains seed money to launch the new commission's investment plan to revive the bloc's economy.

The European parliament overwhelmingly adopted a budget that it had agreed with the 28 member states and that sets aside 141.2 billion euros ($175.8 billion) in payments.

The budget -- which ...

(MENAFN - AFP) The Camembert made near Moscow might look -- or even smell -- like the famous French fromage, but it's part of a booming knock-off market in Russia as stocks of banned European cheeses disappear.

Mozzarella made in the Russian region of Bryansk and Roquefort from Altai in Siberia are also part of the flourishing trade that has popped up since Russia decreed ...

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