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Syria economy 'set back decades' by war

Syria's once-promising economy has been set back more than 30 years by its brutal civil war, economists say, and it may never recover. Squeezed by sanctions and the fallout of the more than three-year-old conflict, the government faces dwindling revenues and is increasingly...

Airbus to deliver first A350 jetliner around December 12

(Reuters) - Airbus is aiming to deliver the first A350 jetliner around Dec. 12, with customer Qatar Airways being the first recipient, a representative of the airline said on Tuesday. The A350, Airbus' newest plane and made with carbon-fiber composite fuselage, is a direct...

Japanese recession threatens planned tax hike

Japan’s economy fell into recession Monday in a set back for Prime Minister Shinzo Abe’s administration, local media reported. The second successive quarter of negative growth will put pressure on the government to postpone a planned sales tax increase, the Kyodo news...