Publicly listed PT Bakrie Finance Corporation (BFC), a

Publicly listed PT Bakrie Finance Corporation (BFC), a
subsidiary of the Bakrie & Brothers Group, and its creditors have
agreed to appoint PriceWaterhouseCoopers (PWC) as an independent
financial advisor to oversee its debt restructuring scheme.

The administrators of failed carrier Ansett Airlines have
struck a deal with the Australian government that will see the
65-year-old business return to the skies for at least three
months.

State owned Bank Mandiri said on Thursday the acquisition
price of Bank Internasional Indonesia (BII) depended on how much
capital the latter needed to meet the minimum required capital
adequacy ratio (CAR) of eight percent.

Organisations in Switzerland have available lists to track
down the financial web used by suspected terrorist groups, it
emerged on Thursday.

The global aviation and aerospace industries announced a
whopping 21,800 more job cuts on Wednesday even as European plane
maker Airbus SAS predicted a rapid rebound from the industry's
recent turmoil following the deadly Sept. 11 attacks in the U.S.

European Union regulators on Thursday cleared plans by Coca-Cola
Co. and Swiss food giant Nestle SA to expand an international
joint venture focusing on iced teas and coffee.

European Union regulators gave antitrust clearance Thursday to a
joint venture between Sweden's LM Ericsson and Japan's Sony Corp.
to develop and distribute mobile phones.

Scandinavian Airlines System will cut up to 1,100 jobs, reduce
capacity and increase prices to prevent a loss due to weakened
demand after airborne terrorist attacks in the United States, the
airline said Wednesday.