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It now seems that the European Commission has spent close to £2.4 million on Project Veronica. This is a study on how these black boxes for cars would work. These boxes, which are known as event data recorders, could be used to monitor a vehicle’s speed and other actions of the driver – things like how often the brakes are pushed, when the horn is applied and so on.
Many supporters of the project say that they could be used to reconstruct what happened in an event of an accident, which would make it a lot easier for insurance companies to [...]

It now seems that AA Travel Insurance is warning travelers that they need to take out the proper travel coverage when booking flights abroad for this Christmas. Although this is good advice every year, experts say that this year the advice goes double.
Due to recent airline collapses, like the ones with XL Airways, Zoom and Silverjet, many passengers have found themselves without a ride home and out a lot of money. It is very likely that more airlines could go under during these holiday trips, and passengers do not want to find themselves in the same situation.
Also, other airlines like [...]

New reports show that Jet Airways, one of India’s premier international airlines, has just recently implemented Autonomy Corporation’s, a global leader in infrastructure software, web content management solutions to help enhance their website’s performance. Now the airline will be able to provide their travelers with a more compelling online experience. This is set to happen by way of adding more dynamic content like videos, images, blogs, online surveys and social media tools to the website.
Jet Airways says that they have recognized the importance of creating a very engaging experience for their visitors in order to support their very extensive network [...]

A previously announced public offering of shared by Dollar Thrifty Automotive Group has now been completed. Shares in the car hire company’s common stock have been offered at $19.25 per share and the number of shares offered was 5,750,000. J.P. Morgan Securities and Goldman, Sachs & Co were both put in charge of running the [...]

The hallowed Christmas lights of London’s Oxford Street have been turned on for the festive season by Hollywood star Jim Carrey who will feature heavily on the big screens of Christmas lovers this winter.
The star of A Christmas Carol, Disney’s new animated film, Carrey was joined in the procession by fellow actor and co-star Colin Firth who lit up Regent Street. At St Paul’s Cathedral the illumination was made by Bob Hoskins, who voices the pawnbroker Mr Fezziwig in the upcoming blockbuster.
The traditional lighting ceremony included musicians Peter Andre, The Noisettes, The Saturdays and new romantic icons Spandau Ballet.
2009 marked [...]

The Dollar Thrifty Group has announced its quarterly results for the period to the end of September, which revealed a net income of $30.1 million.
The $1.29 share price was a significant rise on the comparative 2008 quarter which yielded $18.9 million in net income at $0.87 per share.
Dollar Thrifty’s CEO and President Scott L. Thompson said that the group has achieved its third straight growth quarter of year-on-year comparisons for both Corporate Adjusted EBITA and non-GAAP net income, despite the ongoing difficult economic climate. Thompson also claimed that over the past year some difficult decisions had been made by the [...]