North America

07/08/2008  07:03 PM
Southwest Airlines and WestJet, the biggest US and Canadian low-cost carriers, have agreed to an operating and marketing partnership that will extend their reach into neighbouring international markets (full story)

07/08/2008  06:27 PM
InBev has called for the removal of the Anheuser-Busch board but its decision not to launch a tender offer for the shares suggests it still aims to lure the brewer into takeover talks. (full story)

07/08/2008  06:01 PM
Banks are set to cushion the blow of more credit-related losses by using an accounting rule that enables them to record gains when their financial health deteriorates (full story)

07/08/2008  03:22 PM
The regulator of Fannie Mae and Freddie Mac tried to ease investors' fears that the two government-sponsored mortgage financiers could have to raise billions of dollars of capital in response to potential accounting changes (full story)

07/08/2008  02:45 PM
State-owned Abu Dhabi National Oil Company and ConocoPhillips of the US signed a long-awaited deal to develop a mammoth onshore gas project (full story)