BA and Iberia agree merger; Costs cuts boost BT's earnings but pension deficit casts shadow; Myners backs insurers over EU capital rules; Insurers' relief over solvency rules short-lived as Ceiops bites; Pension funds warn companies: curb pay or face revolt
BA and Iberia agree merger Financial Times British Airways and Iberia last night agreed the terms of a merger that would create Europe's third-largest airline by revenue, one of the biggest deal...
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