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Air France-KLM Q3 turnover above pre-Covid levels
Air France-KLM Q3 turnover above pre-Covid levels
Business and Economy
by  AFP

European airline group Air France-KLM said Friday that its third quarter revenues had exceeded its pre-pandemic turnover in 2019, fuelled by strong post-Covid demand for travel. The result exceeded the equivalent figure for 2019, the last pre-pandemic year, by more than 500 million euros.

NatWest shares slump as bank earnings spook market
NatWest shares slump as bank earnings spook market
Business and Economy
by  AFP

Shares in British bank NatWest tumbled nine percent Friday following an earnings update that added to concerns that borrowers would be unable to repay loans owing to soaring interest rates. Shares in NatWest were down nine percent at 225 pence following the update, a much bigger loss than any other company trading on London's benchmark FTSE 100 index.

Sweden conducts new Nord Stream crime scene inspection
Sweden conducts new Nord Stream crime scene inspection
World
by  AFP

Swedish prosecutors said Friday they would conduct a new complementary crime scene investigation of the Nord Stream leaks, after the navy and the pipeline owner also began surveys this week. The new inspection comes as Sweden's navy and the owner of the pipeline Nord Stream AG both announced earlier this week that they were conducting their own inspections of the burst pipelines.

Global warming palpable for 96% of humans: study
Global warming palpable for 96% of humans: study
World
by  AFP

Whether they realised it or not, some 7.6 billion people -- 96 percent of humanity -- felt global warming's impact on temperatures over the last 12 months, researchers have said. People in tropical regions and on small islands surrounded by heat-absorbing oceans were disproportionately impacted by human-induced temperature increases to which they barely contributed.

New Italian government seeks to raise cash ceiling
New Italian government seeks to raise cash ceiling
Business and Economy
by  AFP

Cash is king in Italy, and the debate over limiting payments in notes and coins is heating up again under the country's new right-wing government. However, an October 2021 Bank of Italy research paper found a direct correlation between the use of cash and the shadow economy, noting that restrictions on cash use "are an effective instrument to tackle tax evasion".