Airbus invention involves turbojets and ramjets - a type of jet engine - and a rocket motor. Image: YouTube/PatentYogi. A new hypersonic aircraft patented by Airbus could cut the journey time between London and New York to just one hour.
For some chief executives, the very public implosion of a $54bn (�32bn) deal might warrant a retreat from the spotlight. But just three months on from AbbVie's abandoned takeover of Shire, Flemming Ornskov turned the collapse to his advantage and used ...
The financial regulator has dropped an investigation into a former senior UBS banker caught up in the Libor scandal, after its own review panel found there was not a strong enough case to pursue him.
Geneva-based Klesch Group withdrew from talks to buy Tata Steel Europe's long products business, amid steel makers across the globe in stress due to cheaper imports from China.
AN international team of aviation experts has started combing the beach at St Andre in Reunion Island. The men were searching for anything that could be connected to the Malaysian airliner, focusing specifically on plastic.