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The Iron Man has surrendered to the ash wafting from the Icelandic volcano. The volcanic ash has made the Iron Man to change his way to LA.

The premier of Iron Man-2 has been canceled at London due to the air travel uncertainty caused by the volcanic ash. The event will now take place in LA.

As per the producers of the movie, they have decided to move the premier to LA due to continuing travel uncertainty. The cast members of the movie will join Director Jon Favreau at the red Carpet in California instead.

The largest of the state owned transport conglomerates D Bahn is all set to mark a largest acquisition in the passenger market. It now seems certain for D Bahn's £1.54bn offer to win the race.

As per the sources Arriva was in advance discussion with the company over a 775p per share cash offer, a 34 per cent premium to Arriva's 579.5p share price on March 16. The company sources revealed that Arriva shareholders would also be entitled to 18.8p per share proposed dividend.

European Airlines are still under a tough time as the crisis over volcanic ash cloud continues. The situation has led to shutdown of many airlines, which have brought them one step close to collapse.

BA has now become the newest member in the group demanding compensation. The airline has demanded compensation for the financial impact of volcanic ash cloud. The current crisis has come at a time when the airlines lost around £45m two weeks ago.

With the uncertainty looming large over MGM, it seems as if the movie lovers would have to wait longer for the next Bond flick.

As per the producers, the production of the 23rd Bond movie has been suspended "indefinitely" due to the uncertainties over the film company MGM's future. Film's producer Michael Wilson and Barbara Broccoli said that they don't know when the work on next Bond movie would start.

Lily Allen and Dizzee Rascal are in the race for award at Ivor Novello awards. Both are nominated in the song writing category.

While Allen is nominated I two categories, Rascal is named for best Contemporary song (Bonkers) and Album.

The Ivor Novello award named after composer and songwriter Ivor Novello was established in 1955 in an attempt to recognize the best British artist in the field of composition and song writing.

The high petrol prices wrote the story of higher transport costs ultimately leading to a surprise rise in inflation. It surged to 3.4 per cent last month proving all forecasts wrong.

As per the Office of National Statistics (ONS), CPI was up from three per cent in February, mainly due to a 2.7 per cent rise in petrol prices. While higher petrol prices pushed transport costs up by 11.3 per cent, highest since 1997, communication costs went up by 4.9 per cent.

Shortage of vegetables due to the bad weather at the beginning of the year also contributed to higher inflation.