The European Union threatened Monday to take retaliatory measures against the United States for electric car subsidies that favour domestic manufacturers.. Internal Market Commissioner Thierry Breton early Monday threatened to take "retaliatory measures" against the United States, calling the subsidies "contrary to World Trade Organization rules".
The American father and son duo who helped former Nissan chairman Carlos Ghosn dramatically escape from Japan have been returned to the United States after spending 20 months in Japanese jails, their lawyer said Monday.. The Taylors were extradited from the United States to Japan in March 2021.
French construction firm Vinci said on Monday it expected to be charged this week by a magistrate investigating allegedly abusive work practices on its building sites in Qatar.. The group said its subsidiary Vinci Constructions Grands Projets had been summoned on Wednesday by a French magistrate investigating its infrastructure projects in Qatar "with a view to it being charged".
The Tradex petrol station on Bangui's Boganda avenue stands deserted, except for a lone goat wandering between the empty pumps.. "When I saw that most of the stations were shut because of the crisis I started selling petrol," says the former doughnut seller.
Grieving Tanzanians paid emotional tribute Monday to 19 people killed when a passenger plane plunged into Lake Victoria in the country's deadliest air crash in decades.. The accident comes five years after 11 people died when a plane belonging to safari company Coastal Aviation crashed in northern Tanzania.
Irish airline Ryanair flew back into a first-half profit Monday and forecast a strong outlook despite recession headwinds in Europe, as air travel rebounds after the lifting of Covid restrictions.. The recovery for Ryanair, which flies mainly throughout Europe, mirrors a strong rebound for the aviation sector worldwide.
Kenya Airways cancelled most flights Monday as a pilots' strike entered its third day, with thousands of travellers stranded and the government threatening disciplinary action if staff don't return to work.. "Due to the ongoing unlawful industrial action by Kenya Airline Pilots Association (KALPA), most of our flights have been cancelled," the carrier said in a statement, which came hours after the country's transport minister threatened the protesting staff with disciplinary action.
China's exports shrank in October, the first such decline since mid-2020, customs authorities said Monday, as a domestic slowdown and the threat of global recession hit international trade.. The slowdown in trade comes as global demand for Chinese products weakens with energy prices soaring and the United States facing the threat of recession.
Most Asian markets started the week with gains Monday following strong US jobs data, although stocks in Shanghai were flat after China said it would stick to its strict zero-Covid policy.. Global stock markets and oil prices rallied last week on hopes that Beijing would roll back some of its economically painful policies aimed at stamping out the disease within its borders.
Apple said Covid restrictions have "temporarily impacted" production at the world's largest iPhone factory in central China, warning that customers will now face longer wait times ahead of the holiday season.. "Customers will experience longer wait times to receive their new products."
