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More strike calls cloud summer for European low-cost airlines
More strike calls cloud summer for European low-cost airlines
by  AFP

Europe's low-cost airlines are facing more strikes this summer as staff in Spain and France announced new walkouts on Tuesday. Ryanair's low-cost rival easyJet also faces nine days of strikes on different days in July at the Barcelona, Malaga and Palma de Mallorca airports.

Oil turbulence could last five years, ExxonMobil boss warns
Oil turbulence could last five years, ExxonMobil boss warns
by  AFP

Consumers must be prepared to endure up to five years of turbulent oil markets, the head of ExxonMobil said Tuesday, citing under-investment and the coronavirus pandemic. On top of under-investment in finding new oil sources in 2014-2015, Woods said the pandemic "really sucked a lot of revenues out of the industry".

Musk says Twitter deal remains deadlocked over fake users
Musk says Twitter deal remains deadlocked over fake users
by  AFP

Business magnate Elon Musk said Tuesday that his $44 billion move to take over Twitter remained held up by "very significant" questions about the number of fake users on the social network. This includes whether "the number of fake and spam users on the system is less than five percent as per their claims, which I think is probably not most people's experience when using Twitter.

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