The panel ordered Societe Generale to pay Kerviel roughly €450,000

Societe Generale fined for cracking down on fraud

A piece of luggage adrift in the Mediterranean Sea. Floating nearby, a passenger seat from a plane. Scraps of metal, scattered personal belongings and, finally, the grim discovery of human remains.As the investigation continued Friday into what caused an EgyptAir flight from Paris to Cairo to suddenly and violently plunge from the sky, the discovery of the debris allowed search crews to home in on the location of the crash - an area about 180 miles north of Alexandria, Egypt - even as its cause remained a mystery and the subject of intense speculation.Data that was transmitted from the aircraft to operators on the ground, published Friday by a respected aviation journal, revealed a rapid loss of control, with alarms and computer-system failures in the seconds before the plane was lost from radar.The transmissions are evidence of a catastrophic failure, but do not answer the crucial question: What caused it? Why would a plane with a good safety record and experienced pilots fall from th

Rapid loss of control aboard EgyptAir Jet led to crash, investigation reveals

Started just over a month ago , the 40-page New Day prints five days a week and is available at 40,000 newsstands across Britain

The New Day, a British upstart, casts its fate to the newsstand

The day before he crashed an Airbus 320 carrying 149 passengers and crew members into the French Alps, Andreas Lubitz safely flew an empty jet from Düsseldorf, Germany, to Berlin, then returned home to his iPad to search terms including "living will," "suffering" and "dying."Christoph Kumpa, the Düsseldorf prosecutor, confirmed the discovery of the search terms first reported by the German newspaper Süddeutsche Zeitung. He said they indicated that the 27-year-old pilot, who was alone at the controls on March 24 when the Germanwings flight slammed into the mountain, had considered other means of killing himself, but may have feared he would not succeed. The information gleaned from Lubitz's search activity in the weeks before the crash, including looking up information about obtaining poisons and Valium, forms part of the growing body of evidence gathered in an effort to determine whether anyone could be charged with wrongdoing for failing to adequately monitor Lubitz's mental health

Germanwings pilot surfed for ways to die

What is good news for the airlines raises questions for the world's largest jet makers

Nicola Clark: Falling oil prices pose challenge for Airbus and Boeing

Sales at the Gucci brand have failed to match the performance of the group's smaller labels in recent years

Gucci's creative and business heads will step down

Carved out of an Arctic pine forest along Sweden's fjord-studded eastern coast, Ornskoldsvik will be the world's first remotely controlled airport

Directing planes, by remote control

Just a few years ago, James Hogan, the chief executive of Etihad Airways, probably would have had trouble scoring a meeting with one of his European counterparts

Upstart Etihad becomes ally to European carriers

The development of touch-screen technology has enabled a similar revolutionary new approach to cockpit design

Touch screens are tested for piloting passenger jets

Business Standard

Airbus will revert to a conventional battery, made of nickel-cadmium, that is already used extensively on existing models

Airbus drops plan to use lithium-ion batteries in new jet

Agencies

The European Union inched closer to an open trans-Atlantic trade war on Thursday, saying that it would ask the World Trade Organization for the right to impose up to $12 billion in annual trade sanctions against the United States in retaliation for subsidies to Boeing which Brussels says give the plane maker an unfair advantage over its European rival, Airbus.