Delta Air Lines has partnered with the City of Los Angeles and Los Angeles World Airports to significantly overhaul Terminal 5 at Los Angeles International Airport. The $229-million construction project has already begun and is scheduled to be fully completed by 2015.

Foreign investment in Dominican Republic topped US$3.6 billion last year, or nearly 40% higher than 2011, while the government "embraces" the hope of also positive results at yearend 2013. Dominican Republic Export and Investment Center (CEI-RD) director Jean Alain Rodriguez revealed the figures on Tuesday.

The sale is slated for completion by May 31, subject government approval and certain financing guarantees. Proceeds from the sale will be used to reduce Thomas Cook’s 788 million pounds of debt load. The company has had financial difficulties since 2011, due to decrease in sales.