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Search Result for “airline operating costs”

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WORLD

Iran truce spurs hopes for world economy, but recovery will be rocky

AFP, Published on 08/04/2026

» PARIS (FRANCE) - The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

BUSINESS

US fund Pershing Square launches takeover bid for Universal Music

AFP, Published on 07/04/2026

» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.

WORLD

Saudi oasis town adjusts to life in the firing line

AFP, Published on 06/04/2026

» AL KHARJ (SAUDI ARABIA) - For generations, a Saudi oasis town has been a favoured spot for stressed visitors from the nearby capital Riyadh to come and decompress.

LIFE

Major sponsors drop Kanye West London gigs as PM voices concern

AFP, Published on 06/04/2026

» LONDON - Drinks giants Pepsi and Diageo on Sunday pulled out of sponsoring a music festival in London headlined by US rapper Kanye West, who has a history of antisemitic outbursts.

WORLD

Israel under fire from Iran missiles as Trump issues new warning

AFP, Published on 03/04/2026

» JERUSALEM - Israel said on Friday it was under attack from a new barrage of Iranian missiles, as President Donald Trump warned the United States had yet to begin "destroying what's left" with more of the Islamic republic's infrastructure in his sights.

WORLD

Braving high fuel costs, Filipinos flock to crucifixion spectacle

AFP, Published on 03/04/2026

» SAN FERNANDO (PHILIPPINES) - Hundreds of Filipinos and tourists flocked to a sun-bleached field north of Manila on Good Friday to witness one of the country's most blood-soaked displays of religious fervour, undeterred by rising fuel prices driven by the Middle East war.

BUSINESS

AI giant Anthropic says 'exploring' Australia data centre investments

AFP, Published on 01/04/2026

» SYDNEY — Artificial intelligence (AI) giant Anthropic is eyeing data centre investments in Australia, saying Wednesday the nation was a "natural partner" for work in the booming sector.

LIFE

Australian regulator probes Facebook, YouTube over teen social media ban

AFP, Published on 31/03/2026

» SYDNEY - A host of tech giants including Facebook and YouTube are under investigation for potentially breaching Australia's world-leading social media ban for under-16s, the nation's online watchdog said on Tuesday.

SPORTS

Premier League fans feel the pinch from ticket price hikes

AFP, Published on 30/03/2026

» MANCHESTER (UNITED KINGDOM) — The Premier League's global appeal is built on packed stadiums and electric atmospheres but as the arms race for talent intensifies, fans are feeling the pinch.