Bloomberg Deutsche Lufthansa AG warned that compulsory dismissals are likely in Germany amid slow progress in talks with unions, stiffening its tone as it braces for years of reduced demand. Europe’s biggest airline posted an adjusted operating loss of 1.7 billion euros ($2 billion) in the second quarter — its biggest ever — wrapping up a dismal set of results ...
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Pilot erred in India crash: Aviation watchdog chief
Bloomberg The Air India Express jet that overshot the runway on August 07, killing at least 18 people, had touched down too far along the airstrip, the chief of India’s aviation regulator said amid ongoing investigations. Arun Kumar, director general for civil aviation, told CNN News-18 that the plane landed about 3,000 feet into a 9,000 feet-long runway, causing it ...
Read More »Korean Air’s quarterly profit defies Covid-19 travel slump
Bloomberg Korean Air Lines provided some rare positive news for the devastated global aviation industry, reporting a quarterly profit after flying planes loaded with products from South Korean technology giants to homebound consumers around the world. The carrier’s operating profit was 148.5 billion won ($125 million) for the April-June period. Cargo sales climbed 95% from a year earlier to 1.23 ...
Read More »US’s visit to Taiwan begins with rising China tensions
Bloomberg Health and Human Services Secretary Alex Azar arrived in Taiwan on Sunday for the highest-ranking visit by a US official to the island in decades, a trip that stands to further worsen spiralling relations between the US and China. Azar is set to discuss the international response to the coronavirus, along with supplies of medical equipment and technology, according ...
Read More »Lebanese minister resigns as global powers discuss aid
Bloomberg Lebanon’s minister of information resigned a day after deadly protests against the government’s role in last week’s devastating blast in Beirut, and hours before global leaders gathered to discuss aid to the country. Information Minister Manal Abdel Samad submitted her resignation “in response to the public calls for change,†she said in a televised press conference on Sunday. Nehmat ...
Read More »Afghanistan to free ‘worst’ Taliban prisoners to push talks
Bloomberg Afghanistan’s government will release hardened Taliban prisoners to clear the final hurdle for direct peace talks with the insurgent group and end the 19-year war. President Ashraf Ghani on Sunday said he would accept the recommendation of the Loya Jirga, a grand national assembly of 3,400 influential members of society, which sought to free 400 Taliban prisoners “in order ...
Read More »US ‘doxxed’ sanctioned officials: HK officials
Bloomberg Hong Kong’s privacy chief criticised the US Treasury Department for “doxxing†Chief Executive Carrie Lam and other officials by releasing their personal information as part of its sanctions on them. “The disclosure of the data of the persons concerned by the US Department of the Treasury is obviously excessive and unnecessary,†Acting Privacy Commissioner Tony Lam said in a ...
Read More »UK steps up efforts to stop wave of migrants
Bloomberg The UK is stepping up efforts to stop the influx of migrants crossing the English Channel by boat, as tensions rise with France about how to control a surge in crossings. The Home Office requested help from the armed forces in dealing with the jump in immigrants trying to gain entry into the country by making the 35-kilometre (22-mile) ...
Read More »Trump orders extended jobless benefits, payroll tax deferral
Bloomberg President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the US economy. Trump also ordered continued eviction protection and student-loan relief. The moves could jeopardise negotiations with congressional Democrats over an additional coronavirus relief package, with the two ...
Read More »UK plans $1.7bn in building projects to lift virus-hit economy
Bloomberg Boris Johnson’s government will invest nearly $1.7 billion in building projects and provide two billion pounds in energy efficiency grants in an effort to create jobs and rally the pandemic-hit UK economy. Housing Secretary Robert Jenrick said 300 “shovel-ready†projects will receive a share of a 900 million pound Getting Building Fund, and a further 360 million pounds will ...
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