Business and Economy

Business and Economy Latest News

Euroclear details 'concerns' over EU's frozen Russian asset plan
Euroclear details 'concerns' over EU's frozen Russian asset plan
by  AFP

EU reassurances over its plan to use frozen Russian assets to help fund Ukraine have failed to quell worries about the untested scheme, the organisation holding most of the funds told AFP. "We've made very, very clear that we still have concerns," Guillaume Eliet, chief risk officer at Brussels-based clearing house Euroclear, told AFP in an interview.

'Resilient' airlines head for record passenger numbers: IATA
'Resilient' airlines head for record passenger numbers: IATA
by  AFP

International airlines expect to transport a record 5.2 billion passengers in 2026 despite global headwinds affecting the sector, the industry's trade association said on Tuesday. Global passenger numbers this year are expected just shy of the five-billion figure, at 4.98 billion, up from 4.77 billion in 2024 the previous record figure. tq/jh/tw

Greek govt seeks to tackle farmer protests after Crete clashes
Greek govt seeks to tackle farmer protests after Crete clashes
by  AFP

Greece's government was on Tuesday scrambling to keep angry farmers from blocking key infrastructure after airports were occupied on Crete in a growing nationwide protest for agriculture funds. On Monday, farmers on the island of Crete broke through police lines and occupied the main airports of Heraklion and Chania, forcing several flights to be cancelled or rescheduled.

Energy

Money

Industry

Technology

Economy