United Continental Holdings (UAL.N), AMR Corp's American Airlines (AAMRQ.PK), Southwest Airlines (LUV.N) and US Airways (LCC.N) all said they have matched it
Contents contributed and discussions participated by Derek Schwung
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BBC News - China files EU solar subsidy complaint with WTO - 0 views
BBC News - Japan boosts stimulus measures to spur growth - 0 views
Colluding Oligopoly Article - 0 views
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US airlines boost domestic long-haul fares | Reuters - 0 views
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Oil prices initially rose on Thursday as the euro rallied and a Nigerian union threatened to shut down output, but they later eased on a report that the European Union could delay a ban on Iranian exports by six months. U.S. February crude oil was down 1.6 percent at $99.26 a barrel after earlier reaching above $102.
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d a $3 surcharge each way unveiled by Delta on fares purchased in the United States for flights between the United States and Europe
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Falling Oil Prices Are No Mystery - Businessweek - 1 views
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Global oil consumption has been declining since the end of 2011, falling to 88.5 million barrels per day at the end of April, from 90.4 million barrels per day in late December 2011
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ince two-thirds of the price of gasoline is determined by the price of oil, that should continue to lower prices at the pump. At the end of May, the average price of a gallon of gasoline in the U.S. was $3.66, 12¢ lower than it was a year ago
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US economy points to jobless misery | Latest Business & Australian Stock market News | ... - 1 views
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The lackluster data came just five months ahead of the November presidential election in a race dominated by high unemployment concerns.
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The first-quarter slowdown was due in part to declines in private inventory investment and a pick-up in imports,
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German Jobless Rate Hits Low - WSJ.com - 3 views
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The seasonally adjusted unemployment rate fell to 6.7%—the lowest since comparable records began in 1998—from 6.8% in April, according to data from the country's labor agency Thursday. Economists had expected the adjusted unemployment rate to remain at 6.8%.
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Earlier Thursday, Germany's statistics office reported a higher than expected rise in retail sales in April, which economists attributed in part to the robust labor market.
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However, Germany's Bundesbank warned last week that the first-quarter growth figure likely overstates the country's trend pace. Germany's powerful industrial sector will only make "a relatively small contribution" to growth given the still falling demand from the euro zone, the central bank said. However, a significant growth contribution could come both from construction and consumption, it added.
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Euro-Zone Inflation Slows - WSJ.com - 0 views
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The annual rate of consumer-price growth in the 17 nations that use the euro slowed to 2.4% in May from 2.6%
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May's reduction in the euro-zone inflation rate still leaves price growth above the ECB's target level of just below 2%
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BBC News - Spanish unemployment hits record 5.64 million - 0 views
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Spanish retail sales were down 3.7% in March from the same point a year ago, the 21st month in row sales have fallen.
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The new government has announced reforms to the labour market, including cutting back on severance pay and restricting i
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The government has also introduced drastic spending cuts designed to reduce its debt levels and meet deficit targets agreed with the European Union. These cuts are contributing to Spain's economic contraction.
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S&P predicts the Spanish economy will shrink by 1.5% this year, having previously forecast 0.3% growth.
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"We believe that the new government has been front-loading and implementing a comprehensive set of structural reforms, which should support economic growth over the longer term," S&P said. "In particular, authorities have implemented a comprehensive reform of the Spanish labour market, which we believe could significantly reduce many of the existing structural rigidities and improve the flexibility in wage setting."
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The yield on 10-year bonds rose to 5.96%, up from 5.81%, suggesting investors were becoming more wary of Spain's ability to repay its debts.
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