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Alitalia prefers Air France bid
Alitalia has a number of prime routes that other firms want to run

(22/12/2007) Alitalia has chosen Air France-KLM as its preferred bidder, clearing the way for takeover talks to pick up pace.


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US faces sanctions for gaming ban
Antigua had hoped online betting would allow it to rely less on tourism

(22/12/2007) The US faces $21m (£10.6m) in annual trade sanctions as a result of its online betting ban, the World Trade Organization has ruled.


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Property crunched

(22/12/2007) There is a rush for the exit from funds invested in commercial property, as fears grow that bricks-and-mortar for commercial use will be one of the more serious casualties of the credit crunch


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