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More than 16 per cent of shares in British Airways are now on loan to short-sellers, suggesting investors believe that stock in the troubled airline which faces a make-or-break few weeks is still over-valued. Full Article at The Independent
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British Airways plans to cut more than one in ten of its workforce this year as the airline struggles with mounting losses. BA said on Friday that it would cut 4,900 jobs, about 12 per cent of its staff, by next March. Full Article at Times Online
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LONDON, England - I always look forward to interviewing British Airways CEO Willie Walsh. No matter how much doom and gloom there is in the industry, the Irishman has a smile on his face and also has a positive spin on his airline going forward. Full Article at Business 360 | CNN
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With slow but steady improvement in the economy’s vital signs, two questions are gnawing at analysts’ brain pans. First, is this a sustainable recovery with the power to fuel substantial job growth? Full Article at New West Network
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Yu Lia Chun, a retired hospital orderly in Hong Kong, never heard of Lehman Brothers Holdings Inc before she got a call last September from her banker. “He said, ‘Did you hear the news? Full Article at Business Standard
