Revenue-sharing deal with U.S. close, says IOC
23 May 2012, 3:41 pm
QUEBEC CITY (Reuters) - An elusive revenue-sharing deal between the United States and the International Olympic Committee (IOC) is close to being finalized, officials said on Wednesday, ending a bitter dispute that has paralyzed American efforts to host an Olympic Games. Protracted negotiations between the IOC and United States Olympic Committee (USOC) over how to split billions of dollars in ...

Saudi Arabia inks $3 billion trainer planes deal
23 May 2012, 7:55 am
Saudi Arabia said Wednesday it has signed a $3 billion deal with the United Kingdom to buy air force training planes, beefing up the Gulf nation's defense capabilities as regional tensions rise.

BAE secures $2.5 billlion Saudi jet deal
23 May 2012, 7:30 am
LONDON/DUBAI (Reuters) - BAE Systems has signed a 1.6 billion pound deal to supply Saudi Arabia with Hawk jets to train pilots to fly the Eurofighter Typhoon which it has already ordered from UK company. The deal provides some welcome relief for the British defence giant, which is battling against shrinking European and American defence budgets and fierce competition. The deal covers the supply ...

BAE secures $2.5 billion Saudi jet deal
23 May 2012, 7:19 am
LONDON/DUBAI (Reuters) - BAE Systems has signed a 1.6 billion pound ($2.5 billion) deal to supply Saudi Arabia with Hawk jets to train pilots to fly the Eurofighter Typhoon which it has already ordered from UK company. The deal provides some welcome relief for the British defense giant, which is battling against shrinking European and American defense budgets and fierce competition. ...

Turkmen deal boosts Afghan pipeline project
23 May 2012, 2:48 am
Turkmenistan signed a natural gas deal with Pakistan and India on Wednesday, in a significant boost to the proposed construction of a 1,800-kilometer (1,100-mile) pipeline across Afghanistan.

Australia, Indonesia deny deal on Corby jail term
23 May 2012, 2:06 am
Canberra and Jakarta denied Wednesday doing a deal to have five years shaved off Australian drug trafficker Schapelle Corby's sentence in exchange for the release of Indonesian people-smugglers.

Saudi signs $3 bn deal with UK to buy trainer jets
22 May 2012, 7:53 pm
Saudi Arabia has signed a $3-billion deal with Britain to buy trainer jets for the Gulf kingdom's air force, SPA state news agency said on Wednesday.

Doubts on Iran-IAEA 'deal' ahead of Baghdad talks
22 May 2012, 3:40 pm
A mooted deal between the IAEA and Iran got a cool reception Tuesday on the eve of talks with world powers aimed at defusing the dangerously escalating crisis over Tehran's nuclear programme.

New pilot deal at Delta Air Lines brings raises, allows for more 76-seat regional jets
22 May 2012, 12:07 pm
MINNEAPOLIS - Under a new deal with pilots, Delta Air Lines Inc. traded pay raises of almost 13 per cent for the ability to operate more large regional jets, according to details of the agreement released on Monday.

Delta pilot deal allows it to add regional jets
22 May 2012, 12:00 pm
Under a new deal with pilots, Delta Air Lines Inc. traded pay raises of almost 13 percent for the ability to operate more large regional jets, according to details of the agreement released on Monday.