The aviation industry has been shaken after Jet Airways said it was suspending all operations. Creditors are hopeful of a deal to rescue the airline, while staff held protests seeking state intervention.
Jet Airways, once the poster child of a rapidly growing Indian aviation industry, finds itself on the brink of collapse. The finger points to the same Indian government which is now trying to rescue the airline.
Iran has launched ballistic missiles targeting the US presence in Iraq, including Ain Assad airbase. With no casualties, US President Trump has said "Iran appears to be standing down." Read events as they happened.
Captain Hans Langsdorff rescued his crew of more than 1,000 men by scuttling his ship, the Graf Spee, rather than fight a hopeless battle in 1939. His daughter says it’s time to honor his moral courage.
Historic English football club Bury no longer exist after the collapse of a last-minute rescue bid. Such a situation is difficult to imagine in Germany and highlights the downside of recent calls for outside investment.
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