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Indonesia’s Garuda in 4bn Airbus A330 order

  Paris / AFP Airbus said that Indonesian carrier Garuda had signed a firm purchase order for 14 of its new generation wide-bodied A330-900neo airliner for $4 billion. The deal, sealed in London for the re-engined version of Airbus’ popular A330 airliner, is designed to bolster Garuda’s expansion. Airbus said the order, for delivery from 2019, replaces and extends an ...

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Serbian communist-era firms ‘hang in the balance’

  Priboj / AFP Deep in a western Serbian valley, the town of Priboj despairs at the decline of a truck factory that was once its lifeblood — and is now symbolic of the country’s failing state-owned companies. A thriving manufacturer employing thousands under communist Yugoslavia, Fabrika automobila Priboj (FAP) is today one of Serbia’s loss-making enterprises whose future hangs in ...

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Preserving the tradition

  Tan-Tan / DPA Abdallah has been sitting drinking tea since dawn; the wind blows unrelentingly against his Bedouin tent, a protective layer between him and the vast, inhospitable Sahara Desert. He and his camel caravan have travelled from the Atlas Mountains to do business in Tan-Tan, a desert city in southern Morocco. By selling a small camel, he can make ...

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