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19848 articles published since 08 Mar 2022

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Heathrow security staff call off summer strikes
Heathrow security staff call off summer strikes
Business and Economy

Security officers at London's Heathrow Airport have called off strikes over the peak-demand summer months after voting to accept an improved pay offer, their union said Friday. Unite general secretary Sharon Graham called it a "hard-won victory", while Heathrow said it was pleased the two-year above-inflation offer had been accepted.

Shipping emissions tax still stuck in port
Shipping emissions tax still stuck in port
Business and Economy

Efforts by France to build a consensus for a global carbon tax on the shipping industry failed to produce significant results at a summit in Paris on Friday. The shipping industry transports around 90 percent of traded goods worldwide and accounts for around three percent of global carbon emissions.

UK economy falters on cost-of-living crisis
UK economy falters on cost-of-living crisis
Business and Economy

UK private-sector growth has slowed to a three-month low as soaring interest rates and stubbornly high inflation fuelled by rising food prices worsens a cost-of-living crisis, data showed Friday. - Retail slowdown - Separate data Friday showed UK retail sales growth slowed in May as soaring food prices hit shoppers hard.

Race on for protection against hypersonic missiles
Race on for protection against hypersonic missiles
Business and Economy

Defence firms are racing to meet demand for systems to protect against attacks using tricky-to-intercept hypersonic missiles, with several on display at this week's Paris Air Show. Countering such attacks means combining a detection system with a interceptor missile that can itself reach hypersonic speeds.

Cheers in Zambia after landmark debt deal
Cheers in Zambia after landmark debt deal
Business and Economy

Jubilant lawmakers in Lusaka sang Zambia's national anthem on Friday after foreign lenders agreed to restructure part of the country's debt, a move that entrepreneurs said brought hope for the crippled economy. Relief was palpable in the capital Lusaka, where legislators in parliament belted out the national anthem in celebration.

Eurozone economic growth slows sharply in June
Eurozone economic growth slows sharply in June
Business and Economy

Eurozone economic activity worsened in June to a five-month low, hit hard by a fall in industrial production, a keenly watched survey showed on Friday. It noted the first fall in new business orders since January, slowing employment growth and pessimism over future production.

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