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Bankruptcy risk higher for Europe’s airlines this winter

  Bloomberg Europe’s weaker airlines face a heightened risk of collapse this winter as nations that rescued carriers during the Covid-19 crisis focus support elsewhere amid rising inflation, according to analysts at Sanford C. Bernstein. While the pandemic brought few airline failures in the region amid a deluge of aid payments, carriers now face a squeeze from higher fuel and ...

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Amazon grapples with more labour strife, this time in Japan

Bloomberg Amazon.com Inc., which is struggling to quell workplace movements from the US to Europe, faces a growing union effort in Asia’s second largest economy. A group of 15 subcontracted drivers in the southwestern city of Nagasaki is protesting the long hours and excessive number of deliveries in the absence of overtime pay. They blamed Amazon’s vaunted artificial intelligence algorithms ...

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South Africa’s airport shuts runway after a grass fire

  Bloomberg Johannesburg’s OR Tambo International Airport was forced to close one of its runways after dry grass caught fire and “spilled over from the adjacent community within the airport precinct,” it said via Twitter. Fire and rescue teams are onsite to extinguish the blaze, according to OR Tambo, which is the busiest airport in Africa. The runway that has ...

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