AFP
15953 articles published since 08 Mar 2022
15953 articles published since 08 Mar 2022
Air India has placed an order to buy 100 more Airbus aircraft, the Tata Group-owned carrier said Monday, in a deal aimed at bolstering its fleet and winning over flyers. Since taking over the former national carrier in 2022, the sprawling Tata Group conglomerate has sought to turn around the loss-making airline by ordering new aircraft and upgrading its existing fleet.
Thousands of Volkswagen workers walked out on Monday in the second round of strikes in the escalating conflict between unions and management over the German carmaker's drastic savings plans. The walkout was timed to coincide with the latest round of negotiations between unions and management over VW's savings plan.
Chinese President Xi Jinping and other top leaders said Monday they would adopt a more "relaxed" approach to monetary policy as they hashed out plans to boost the economy next year. "Next year we should... implement a more active fiscal policy and an appropriately relaxed monetary policy," they added.
Billie Fusto is not after a fat pay cheque: he is training to be an archivist and wants nothing more than "a quiet life" at home in Italy. "I want a quiet life, in which I don't have to worry about whether I have 15 euros to go shopping," he told AFP. "And currently, in Italy that's not guaranteed."
South Korean stocks fell more than one percent Monday as the country was racked with political uncertainty after President Yoon Suk Yeol averted impeachment following his brief imposition of martial law last week.
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture. Even before the latest turbulence, the eurozone's biggest economy was struggling with a manufacturing slowdown, and its anaemic growth rates are weighing down the broader single currency area.
China's retaliatory export controls could take a toll on the growing US clean energy sector and its defense industry, analysts say, as a trade tussle escalates between the world's two biggest economies. - Clean energy - Besides defense, gallium-based semiconductors are used in radio frequency electronics, LEDs for lighting and high-efficiency solar cells, the US Geological Survey noted.
They come with big budgets, are wrapped in sentimentality and boost company revenues -- Britain's latest instalment of eagerly awaited Christmas television advertisements has a nation tuned in. One of the most eagerly awaited UK Christmas ads is from department store chain John Lewis, with consumers buying into its "emotive storytelling", according to Deason.
Taylor Swift's record-shattering "Eras Tour" is set to end on Sunday in Vancouver with the final performance of a cultural phenomenon that has easily become the highest-grossing musical tour in history. Her second-last tour stop was Toronto, where she performed six shows over two weekends.
AFP
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