TOKYO (BNO NEWS) — Japanese electronics giant NEC Corp. on Thursday announced it will cut about 10,000 jobs this year as the company expects a net loss of 100 billion yen ($1.3 billion) for the fiscal year ending on March 31.

The huge loss is much hi…

JAKARTA, INDONESIA (BNO NEWS) — Indonesia’s Transportation Ministry on Wednesday announced that the country’s passenger air traffic increased by 15 percent in 2011, when compared to the previous year, local media reported.

Djoko Murjatmodjo, the Mini…

LONDON (BNO NEWS) — British Airways plans to continue flights to the Libyan capital of Tripoli later this year, the airline announced on Monday. Flights were suspended in February 2011 as a result of the country’s civil war.

British Airways said it d…

KABUL (BNO NEWS) — Six coalition service members were killed on late Thursday evening when a helicopter belonging to the NATO-led International Security Assistance Force (ISAF) crashed in southern Afghanistan, officials said on Friday.

The accident h…

WASHINGTON, D.C. (BNO NEWS) — After experiencing a significant rise in unemployment insurance claims following the holiday season, the U.S. saw its initial claims drop to its lowest level since 2008 this week, according the U.S. Labor Department (DOL)…

WELLINGTON, NEW ZEALAND (BNO NEWS) — One of the world’s largest file-sharing websites, Megaupload.com, was shut down by a U.S. court on Thursday after the site’s leaders were charged with widespread online copyright infringement.

An indictment filed …

LIMA, PERU (BNO NEWS) — Peruvian Second Vice President Omar Chehade announced his resignation on Wednesday amidst corruption allegations involving an illegal eviction.

“I have reflected over the situation and in order to avoid causing damage to the g…

ISTANBUL, TURKEY (BNO NEWS) — The wreckage of a small Turkish military aircraft which went missing over the Aegean Sea on Monday was found on Tuesday morning, the military said. The two crew members are believed to have been killed.

Contact with the …

WELLINGTON, NEW ZEALAND (BNO NEWS) — Eleven people were killed on early Saturday morning when a hot air balloon crashed near a town on the North Island of New Zealand, police said. There were no survivors.

The accident happened at around 7:25 a.m. lo…