Besides the human cost, the war in Syria has also taken a severe toll on the economy and infrastructure, with the currency weakening, recession deepening and the government short of cash. Before the uprising, back in 2010, Syria's gross domestic …

Earlier this month, the Syrian currency plunged to a new record low following a U.S. decision to arm rebel groups fighting to topple Assad. The Syrian pound currently trades at an average of around 200 to the dollar, compared with 47 before the crisis.

The carrier told its annual shareholders meeting that it lost about 12.5 billion yen ($128 million) in sales after Boeing's next-generation jet was grounded in January over a series of battery glitches. “We have started negotiations with Boeing about …

IHS Jane's Defence, a widely followed publisher on defense issues, released its annual global review that showed the arms business is booming, with trade jumping from $56 billion in 2008 to $73 billion last year. “This is the biggest explosion in trade …

Bombardier sees these aircraft as having the capability and seating capacity for market segments that are growing two or three times faster than those linked to big cities and dominated by larger Airbus and Boeing jets. The CSeries has 100-149 seats …

Business · Tech · Education · Video · Opinion · Guns and Gear · Blogs · KausFiles · Matt Lewis · DC Trawler · Ask Matt Labash · Jobs · Home · Home · Politics · US · Entertainment · Sports · Business · Tech · Education · Video · Opinion · Guns and Gear […]

The new head of Rolls-Royce's aerospace division has pledged to improve the profitability of its passenger jet engine business, which trails its US rival, as the UK group embarks on a risky production ramp-up. Tony Wood, who became president of Rolls …

After a 16-year absence from Australia, Air India will begin daily flights on a triangular route between Delhi, Sydney and Melbourne in late August, using its fleet of new Boeing 787 Dreamliners. Qantas and Air India have had talks about a code-share …

… division of British society into three classes – high, middle and working – no longer applied in the 21st century. It divided society into seven different social categories such as emergent service workers, technical middle class and new affluent …