Showing 1 - 10 of 43
Air travel to soar near record in 2023: industry group
AFP, Published on 05/06/2023
» ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.
Iconic New York discount luxury store reopens
AFP, Published on 17/05/2023
» NEW YORK: Forced to shutter during the Covid-19 pandemic, the discount luxury goods store Century21 reopened its flagship location in Manhattan on Tuesday, drawing elated crowds of bargain hunters back to the New York institution.
Macau ponders future even as tourists and gamblers return
AFP, Published on 23/01/2023
» MACAU: Macau's streets were packed in the run-up to the Lunar New Year after pandemic controls were abruptly lifted but it is far from business as usual as the Chinese casino hub wrestles with questions about its future.
Germany's Scholz arrives in China to boost economic ties
AFP, Published on 04/11/2022
» BEIJING: German Chancellor Olaf Scholz arrived in Beijing Friday seeking to bolster a vital economic relationship but facing criticism about his country's heavy reliance on a nation growing more authoritarian under Xi Jinping.
Air France-KLM revenue tops pre-Covid levels
AFP, Published on 28/10/2022
» PARIS: The 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.
Zero-Covid hurts 75% of European firms in China
AFP, Published on 21/09/2022
» BEIJING: China's "inflexible" and "inconsistent" zero-Covid policy is crippling European business operations in the country, a major business lobby said Wednesday, warning that the presence of the companies "can no longer be taken for granted".
Long Covid costs Australia millions of working days
AFP, Published on 26/08/2022
» SYDNEY: Long Covid has already cost the Australian economy three million working days this year, according to a government analysis seen by AFP Friday, significantly worsening the country's acute labour shortages.
China cuts key mortgage reference rate as Covid bites
AFP, Published on 20/05/2022
» BEIJING: China on Friday announced it would cut a key interest rate in a boost to home buyers and debt-mired developers as the country's economy is slowed by Covid-19 restrictions ripping across major cities.
Coal still top threat to global climate goals: report
AFP, Published on 26/04/2022
» PARIS: The number of coal-fired power plants in the pipeline worldwide declined in 2021, according to research released Tuesday, but the fossil fuel most responsible for global warming still generated record CO2 emissions, threatening Paris climate goals.
Oil surges back up on Russia tensions
AFP, Published on 18/03/2022
» NEW YORK: Oil prices soared Thursday on tensions surrounding key producer Russia, while global equities mostly rose as markets digested monetary tightening moves by central banks.