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Delta cuts growth to boost unit revenue

  Washington / Bloomberg Delta Air Lines Inc., the second-largest U.S. carrier, is trimming planned growth in the second half of this year to help counter rising fuel prices and weak foreign economies. It’s also delaying deliveries of four wide-body aircraft. The carrier will hold expansion to less than 2 percent while reducing domestic capacity increases to 2.5 percent in ...

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Acer enters virtual realm where PC makers fear to tread

  Taipei / Bloomberg Acer’s announcement that it will work with the Swedish games maker Starbreeze to produce a virtual-reality headset could be the ailing PC maker’s most brilliant move in years. Or it could be a colossal failure. According to their joint release, the companies plan to form a joint venture to design, make and sell the StarVR headset. ...

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Moscow restaurant spreads the Soviet savour yet again

  Moscow / AFP Moscow’s Aragvi restaurant — once the legendary haunt of KGB spies and cosmonauts — has reopened with its Soviet-era grandeur restored.The high-end eatery on the main Tverskayastreet, which opened in 1938 at the height of Stalin’s purges, has re-launched under the same name after a $20 million (17 million euros) restoration. The restaurant opened on the ...

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