(Corrects day in paragraph 2)
SYDNEY, Nov 19 (Reuters) - Australian investment firm Babcock & Brown Ltd BNB.AX has entered talks with banks to restructure its debts and effectively classified all its non-infrastructure investments as non core.
The group also said on Wednesday it would undertake more job cuts and cut operating costs by more than 50 percent by 2010. (Reporting by Mette Fraende)
NEW YORK (Reuters) - Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say. | Video
The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers. Full Article
With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead. Full Article
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