Boeing Breaks Long-Distance Record
Boeing broke the distance record for a nonstop flight by a commercial airliner, as its long-range 777 landed at London's Heathrow Airport after a trip from Hong Kong that crossed two oceans and covered 11,664 nautical miles.
The twin-engine 777-200LR, above, made the trip in 22 hours and 42 minutes, arriving ahead of schedule, Boeing said.
The flight broke a commercial record set in 1989 by a Boeing 747-400 that flew 9,200 nautical miles nonstop from London to Sydney, Australia.
Economy Grows for 4th Straight Quarter
Japan's economy expanded at an annual pace of 1.7 percent in the July-September quarter from the previous three months, the government said, marking the fourth straight quarter of growth on healthy consumer spending and booming trade.
Gross domestic product, which measures the value of goods and services produced in a country, expanded 0.4 percent from the previous quarter, the Cabinet Office said. The data provide further evidence that the world's second-largest economy is recovering after more than a decade of stagnation.
E.U. Simplifies Tax-Filing Rules
New rules set by the European Commission simplify tax-filing requirements for sales within companies that operate in more than one European Union country.
Companies will have to file only one set of documents on all their accounts, products and prices in their home country, instead of having to file separate documents for each of the 25 E.U. nations. Companies will still have to fill out limited paperwork in all countries where they do business.
Compiled from staff and news service reports.