Thursday 24 July 2014
 
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rescue

Italy firm sets terms for Alitalia-Etihad deal

Poste Italiane will only invest more money in Alitalia if it avoids taking on the airline's past liabilities, three sources close to the matter said on Monday, a condition likely to hamper a rescue deal with

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Italy rescues 4,000 migrants; 19 killed

Nineteen people died trying to reach Italy on a boat packed with hundreds of migrants, probably poisoned by carbon monoxide fumes from its engines, said the Italian Navy on Saturday, which has rescued more than 4,000 migrants in the last three d

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Oman fund in Bulgaria bank rescue talks

Oman's sovereign wealth fund held talks with the Bulgarian government and central bank on Tuesday about recapitalising Corporate Commercial Bank (Corpbank) , Oman's honorary consul in Sofia told Reuters. His comment was th

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Cyclone Phailin pounds India, loss of life limited

Cyclone Phailin powered its way inland over eastern India on Sunday leaving a swathe of destruction but the loss of life appeared limited after more than half a million people sought safety in storm shelters. Phailin was the stron

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Bahrain plans rescue helicopter service

Bahrain plans to start an emergency helicopter service soon to ensure speedy transport of patients and injured people to medical centres and hospitals across the kingdom, said the kingdom's health minister. Sadiq Al Shehabi sa

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Greece 'may need $66 billion'

Greece might need a third international rescue package worth 50 billion euros ($66 billion) in 2015, the German weekly magazine Spiegel said yesterday. The troika of creditors - the European Union, the European Central Bank (ECB) and the I

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G20 inches toward $2 trillion rescue fund

Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further fallout from the euro-zone's sovereign deb

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Chevron Nigeria rig still on fire, two missing

Two workers were missing after fire broke out on a drilling rig in Chevron's Funiwa oil facility in southeast Nigeria on Monday, Chevron said.      "Search and rescue has successfully found 152 of 154 personnel. W

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Rescue efforts in full swing in Turkey

More than 200 people were confirmed killed and hundreds more feared dead after an earthquake hit parts of southeast Turkey on Sunday with rescue teams working through the night to free trapped survivors. Early on Monday Interior Minister I

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Fire fighting focus for safety expo

Fire fighting and rescue systems are expected to be one of the core growth areas at the 2012 edition of Intersec, the region’s premier platform for the safety and security industry, said the organisers. There is high demand for exhibition

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