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Staff shortages dent Hong Kong air hub reboot hopes
Staff shortages dent Hong Kong air hub reboot hopes
Business and Economy
by  AFP

Regional airlines are struggling to ramp up flights to Hong Kong because of staff shortages at the airport, slowing the city's plan to recapture its travel hub status, industry insiders have told AFP. Hong Kong, which calls itself Asia's World City, once had one of the globe's busiest -- and best-connected -- airports.

Out of Nile, into tile: Young Egyptians battle plastic plague
Out of Nile, into tile: Young Egyptians battle plastic plague
Business and Economy
by  AFP

Entrepreneurial young Egyptians are helping combat their country's huge plastic waste problem by recycling junk-food wrappers, water bottles and similar garbage that usually ends up in landfills or the Nile. - 'Good step forward' - VeryNile then compresses high-value plastic like water bottles and sends it to a recycling plant to be made into pellets.

Microsoft to cut staff again: reports
Microsoft to cut staff again: reports
Business and Economy
by  AFP

Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday. A new layoff announcement would come a week before Microsoft is to report its earnings for the final three months of last year.

US fraud trial begins over Elon Musk's 2018 Tesla tweets
US fraud trial begins over Elon Musk's 2018 Tesla tweets
Business and Economy
by  AFP

Jury selection began on Tuesday in a California courtroom over whether Elon Musk committed fraud with a pair of 2018 tweets saying he was poised to take Tesla private. Alex Spiro, Musk's lawyer, asked those up for jury selection to remain "open-minded" even if they will first hear the version of the accusers.

United Airlines sees 2023 profit jump amid tight capacity
United Airlines sees 2023 profit jump amid tight capacity
Business and Economy
by  AFP

Eyeing another year of strong travel demand and limited airline industry capacity, United Airlines projected a big jump in 2023 profits Tuesday after releasing fourth-quarter earnings that topped expectations. Limited air industry capacity has boosted airplane ticket prices and airline profits, as consumers seek out travel after the pandemic grounded many people.