German airlines cancel more Tel Aviv flights
BERLIN (AP) — Germany's two largest airlines say they are not yet resuming flights to Israel even though the European Aviation Safety Agency has lifted a recommendation that airlines refrain from flying to Tel Aviv airport.
Australia readies 90 police for Ukraine crash site
SYDNEY (AP) — Australia is close to finalizing a deal with Ukraine to send police and a small number of troops to secure the Malaysian plane crash site as part of a multinational team, the Australian prime minister said Friday.
Britain's RBS releases earnings early after surprise swing to profit
Royal Bank of Scotland said it made a pretax profit of 1 billion pounds ($1.7 billion) in the second quarter, far better than analysts had expected, thanks to a turnaround in losses from bad loans, prompting it to release earnings a week early. RBS, which is 81 percent owned by the British government, said the profit was mainly because of an economic upturn that allowed it to write back losses that had been booked on bad loans, giving it a net release of 93 million pounds. RBS said it was obliged to release headline numbers early because they were far better than market expectations. Chief Executive Ross McEwan said the results showed the steady progress being made to make RBS "a much simpler, smaller and fairer bank".
France sends soldiers to guard Air Algeria wreck
PARIS (AP) — French officials have dispatched a military unit to secure the site in restive northern Mali where an Air Algeria plane crashed with 116 people aboard. France's interior minister said Friday that terrorism cannot be excluded as a cause for the tragedy though it was likely due to bad weather.
BSkyB reveals deal to create pan-European pay TV giant
British satellite television group BSkyB said on Friday it had agreed multi-billion-dolla deals with Rupert Murdoch's media empire 21st Century Fox to create a pan-European pay-TV giant. Murdoch's 21st Century Fox media conglomerate owns 39 percent of BSkyB. BSkyB has agreed to buy 21st Century Fox's 100-percent stake in Sky Italia and its 57.4-percent interest in Sky Deutschland, a statement said. BSkyB said it planned to acquire the rest of Sky Deutschland from the German group's minority shareholders, creating a pan-European TV giant in deals costing the British group a total of up to Â£7.0 billion ($11.9 billion, 8.8 billion euros) in cash.