Tens of thousands of travellers faced flight delays and cancellations Friday as workers at eight airports in Germany went on strike for better pay.. "It's very quiet, there are hardly any travellers in the terminals," a spokesman for airport operator Fraport told AFP. The strike caps a chaotic week for air travel in Germany.
British bank NatWest on Friday posted a jump in annual profits as it trimmed costs and the sector benefitted from rising interest rates.. There is also a fear that the sector could face a surge in bad loans with Britain facing a cost-of-living crisis as UK annual inflation remains above 10 percent despite recent easing.
EDF reported one of the biggest losses in French corporate history Friday, as fallout from the Ukraine war and idling nuclear reactors spelt financial disaster for the state-controlled energy giant.. In the past two decades, only former entertainment behemoth Vivendi Universal and communications giant France Telecom have reported bigger annual losses in France.
Tens of thousands of travellers faced flight delays and cancellations Friday as workers at eight airports in Germany went on strike to demand better pay.. Verdi is currently leading negotiations for public sector workers, airport ground crew and aviation security staff, demanding better pay at a time when workers are seeing their incomes eroded by the higher cost of living.
Thailand's economy expanded by 2.6 percent last year on the back of a tourism recovery and strong consumer confidence but an export slowdown dragged on growth, officials said Friday.. "People expected 3.5 percent growth on the back of a strong tourism recovery," he told AFP. But the tourism revival might be concentrated in Bangkok, Phuket, Pattaya and Chiang Mai, he added.
Appearing at a glance to be just a simple pleasure boat floating on the San Francisco Bay, as the hydrofoil-equipped vessel picks up speed it suddenly begins rising above the water, grabbing the attention of passengers on a nearby ferry.. French entrepreneur Alexei Chemenda said he and his wife "fell in love" with the Candela flying boat after spotting an older model in the San Francisco Bay last year and giving one a try.
Asian markets fell Friday on the prospect of more interest rate hikes after two Federal Reserve officials hinted at ramping up its monetary tightening campaign in the face of stubbornly high inflation.. Markets last month rallied on hopes the Fed would be able to pause its hiking cycle soon -- or even cut rates by the end of the year -- but now there is a realisation that more increases are needed to get inflation back to the bank's two percent target.
Dozens of furrows lie barren in a dusty field on the Bolivian highlands.. "In the Bolivian highlands, we are fully experiencing the effects of climate change," said Cipca technician Orlando Ticona.
The IPO parade of the early pandemic years crashed to Earth in 2022, but there are hints of a potential 2023 rebound despite plenty of lingering caution.. "Last year, risk was not something that people were looking to take on, IPOs being somewhat inherently risky."
Tesla is recalling nearly 363,000 electric vehicles because of problems with their driver-assistance technology that heighten crash risk, according to a US regulatory announcement seen by AFP Thursday.. The driver-assistance system "may allow the vehicle to act unsafe around intersections" by not coming to a complete stop at a stop sign, traveling straight in a turn-only lane or running an orange light, NHTSA said in a letter to Tesla.
