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Record passengers as airline industry recovers from pandemic
Airlines should carry a record number of passengers next year as the sector puts the Covid-19 pandemic behind it, the industry's top trade association said Wednesday, although profitability remains a concern. Walsh called the figures a "tribute to aviation’s resilience" but said the industry's profits need to be put into perspective.
German travel group TUI books record year for sales
The world's largest tourism operator TUI said Wednesday it had seen record sales on the back of a strong 2023 summer season and signalled confidence for the coming year. The return to form came on the back of record sales totalling 20.7 billion euros, a 25-percent increase on the previous year.
COP28 fossil fuel debate sizzles as world marks record hot year
With 2023 confirmed to be the hottest year on record by Europe's climate monitor, the temperature was also rising on Wednesday for negotiators thrashing out the thorny issue of fossil fuels at COP28 in Dubai. Europe's climate monitor on Wednesday said this year will be the hottest in recorded history after November became the sixth record-breaking month in a row.
Southeast Asia banks on aviation boom
Major airport expansion projects are taking off across Thailand, Cambodia and Vietnam, and a new airline is set to launch next year -- all banking on an expected boom in air travel in Southeast Asia, fuelled by Chinese and Indian tourists. - Airport boom - Southeast Asia is becoming a hot property, with private and public players competing for an expanding market.
Asian markets on front foot as US jobs data provide new rate cheer
Asian stocks rose Wednesday after a tepid start to the week as data pointing to a softening US labour market restoked hopes the Federal Reserve will cut interest rates in the new year. While the jobs figures reinforced rate cut hopes, Wall Street's three main indexes ended mixed.
High speed rail between LA and Las Vegas gets $3bn boost
A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant. A line linking Las Vegas with America's second biggest city has been mooted for almost two decades, during which time its proposed cost has ballooned.
Venezuela, Guyana tensions rise over disputed oil-rich region
Tensions rose between Venezuela and Guyana Tuesday as Caracas proposed a bill to declare a Venezuelan province in a disputed oil-rich region and ordered the state oil company to issue licenses for extracting crude there.
Washington Post staff to strike on Thursday
Hundreds of staff at The Washington Post, one of America's most storied newspapers, will walk off the job for 24 hours Thursday, their union announced, slamming the company for refusing to negotiate a contract "in good faith." The labor action at the Post follows a strike earlier this year at America's largest newspaper publisher, Gannett, and a 24-hour action by New York Times staff a year ago.
23andMe says hackers saw data from millions of users
Personal genetics firm 23andMe on Tuesday confirmed that hackers using stolen passwords accessed the personal information about 6.9 million of its members.
AFP
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