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Air India buys 100 more Airbus aircraft
Air India buys 100 more Airbus aircraft
by  AFP

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.

German VW workers kick off second round of strikes
German VW workers kick off second round of strikes
by  AFP

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.

China's leaders vow more 'relaxed' monetary policy in 2025
China's leaders vow more 'relaxed' monetary policy in 2025
by  AFP

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.

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