Asked by the opposition to explain her latest humiliating climbdown, UK Prime Minister Liz Truss on Monday refused to answer the call, raising further speculation about her future. . "Where is the Prime Minister?
German airline giant Lufthansa on Monday significantly raised its earnings forecast for 2022, citing "strong demand" for air travel in the months ahead.. Lufthansa said the optimistic outlook was "based on the positive development in the third quarter, the current booking situation, which continues to reflect strong demand for air travel in the coming months and the expectation of another record result from Lufthansa Cargo in 2022".
Car giant Stellantis may stop building vehicles in China, chief executive Carlos Tavares said Monday, citing building tensions with the West as a deterrent to investment there.. "We're still selling Jeep and Alfa Romeo vehicles built outside China very profitably" in the world's largest car market, Tavares said, suggesting the same model could work for Peugeot and Citroen.
Social network Parler announced Monday a deal for Kanye West to buy the platform popular with US conservatives, just over a week after the rapper's Twitter and Instagram accounts were restricted over anti-Semitic posts.. Parler said West, who has an account on the network as of Monday, was "taking a bold stance against his recent censorship from Big Tech."
BP has agreed to buy US renewable gas producer Archaea for $4.1 billion to help the British oil giant reach net zero carbon emissions by 2050, the pair said Monday.. Houston-based Archaea produces renewable natural gas equivalent in amount to about 6,000 barrels of oil per day.
The use by Russia of Iranian drones in its war against Ukraine makes clear the weaknesses of its domestic industry and Tehran's growing claim on the market for unmanned aircraft, experts say.. - As drones become more fundamental to fighting wars, "there is likely somewhat of a mid-tier, cheap drone arms-race between the Iranians and Turks to try to gain control of the market and expand their country's sphere of influence," Mittal said.
The World Health Organization is sourcing rapid response financing directly from companies to help tackle international crises, through the foundation it set up to bridge the shortfall from member states.. Its 194 member states provide barely 16 percent of the organisation's financing through membership fees.
China said Monday it will delay the release of economic growth figures, as the country's leadership gathers for a meeting set to hand President Xi Jinping a historic third term in office.. Beijing's National Bureau of Statistics (NBS) announced that the release of growth figures for the third quarter along with a host of other economic data would be "postponed", without specifying a reason for the delay or giving a new timeline.
France on Monday braced for nationwide transport strike actions as the government and unions remained in deadlock over stoppages at oil depots that have sparked fuel shortages.. Leftist unions CGT and FO have called for a nationwide strike Tuesday for higher salaries, and against government requisitions of oil installations, threatening to cripple public transport in particular.
Saudi Arabia has rejected US accusations of aligning itself with Russia amid the Ukraine war by making oil production cuts to drive up crude prices, insisting it was purely a business decision.. The Saudi-led OPEC+ cartel -- which includes Russia -- has angered Washington by deciding to cut production by two million barrels per day from November, adding further pressure on soaring crude prices.
