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Schiphol CEO quits over Amsterdam airport chaos
Amsterdam's Schiphol airport chief executive Dick Benschop announced his resignation on Thursday following months of chaos at one of Europe's largest transport hubs, plagued by long queues and baggage handling issues. KLM chief executive Marjan Rintel told the NOS public broadcaster she understood why Benschop made the decision "given the ongoing chaos."
US industrial output dips in August on drop in electricity output
A drop in electric power generation and a modest uptick in manufacturing led to a small decline in overall US industrial production in August, the Federal Reserve said Thursday. Overall industrial production is up 3.7 percent compared to August 2021, while manufacturing output is 3.3 percent higher, according to the figures.
US retail sales see surprise bounce in August
US consumers buying cars and going to restaurants and bars in August drove a surprise bounce in retail sales, even as spending on gasoline fell as prices at the pump dropped, according to government data Thursday. Meanwhile, restaurants and bars rose 1.1 percent, as did building supplies, the report said, but online sales fell.
Russian intelligence fails again over Ukraine counter-offensive
A lightning Ukrainian counter-offensive with the potential to be a turning point in Kyiv's fight against the Russian invasion has once again highlighted Moscow's intelligence shortcomings in the war, analysts say.
Path clear for Swiss purchase of US F-35 fighters
Swiss lawmakers voted Thursday to proceed with the controversial purchase of F-35 fighter jets without holding a referendum sought by opponents of the deal. The selection of the F-35 sparked some controversy, particularly in light of the cost-overruns of the fighter programme in the United States, but a Swiss parliamentary investigation did not call into question the selection of the fighter.
Thai Supreme Court dismisses final Toyota appeal over tax bill
Thailand's Supreme Court on Thursday dismissed a final appeal by the local subsidiary of car giant Toyota over a disputed $270 million import tax bill following a decade of legal wrangling. On Thursday the Supreme court issued a final ruling against Toyota, stating the firm was not eligible for the 30 percent import duty reduction.
Europe stocks waver after inflation-driven rout
European stock markets wavered Thursday after recent heavy losses triggered by higher-than-expected US inflation.
S.African panel named to probe Ramaphosa over farm heist
South Africa's parliament has appointed an independent panel to determine whether President Cyril Ramaphosa should face impeachment over the alleged cover-up of a heist at his luxury farmhouse. The scandal around Ramaphosa erupted in June after South Africa's former national spy boss, Arthur Fraser, filed a complaint with the police.
Defying warnings, Jews embark on Ukraine pilgrimage
Thousands of Israeli ultra-Orthodox Jews have vowed to brave the dangers of Russia's invasion of Ukraine and make a pilgrimage there during the Jewish new year, Rosh Hashana. In September 2020, thousands of ultra-Orthodox Jews were trapped for days between the borders of Belarus and Ukraine after Kyiv refused to allow them entry due to the Covid pandemic.
AFP
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