AFP
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Author's articles
Air passenger numbers to top five billion in 2025: IATA
Air passenger numbers are forecast to top five billion for the first time next year and the sector's revenues will break the trillion-dollar barrier, the global aviation body IATA said on Tuesday. Total industry revenues are meanwhile forecast at $1.007 trillion, helped by falling oil and fuel prices, "the first time that industry revenues top the $1 trillion mark," it added.
Stellantis, Chinese firm CATL plan $4bn battery plant in Spain
Car giant Stellantis and Chinese manufacturer CATL said Tuesday they would build a $4.3-billion factory to make electric vehicle batteries in Spain, the latest bid to boost Europe's troubled EV drive. - 'High-quality' EVs - Founded in 2011 in Ningde, eastern China, CATL produces more than a third of the electric vehicle batteries sold in the world.
Transylvania's last Saxons revive its stunning ghost villages
Carmen Schuster was a young woman when she left the Transylvanian village of Cincsor in Romania for West Germany in search of a better life 40 years ago. Schuster and her husband "have breathed new life into this village," he said, noting that Cincsor without the guesthouses would be "sad". bg/kym/fg
'Huge demand': Portugal dreams of becoming medical cannabis hub
"We should be the new El Dorado of medical cannabis production," said agronomist Jose Martins as dozens of workers harvested marijuana in bright sunshine at a farm in southeastern Portugal.
China's Xi warns 'no winners' in trade war with US
Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year. Xi also said during Tuesday's meeting that China had "full confidence" in achieving its 2024 growth goal, state media reported.
Hong Kong, Shanghai rally on China optimism as Seoul rebounds
Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief declaration of martial law by South Korea's president.
President's push to scrap gold mining ban causes outcry in El Salvador
El Salvador's gang-busting strongman President Nayib Bukele has set out on a new mission: to kickstart his country's sputtering economy by inviting back the mining companies that were barred seven years ago.
Murdoch loses 'Succession' battle for son's control of media empire: report
Rupert Murdoch's audacious bid to cement his eldest's son's control over one of the world's most influential media empires has failed, a US report said Monday. The complicated structure of the irrevocable trust reflects the colourful familial relationships that shaped Rupert Murdoch's life as he built the multibillion-dollar empire.
Connected, brainy, athletic: the suspect in US insurance CEO's slaying
The suspect in the high-profile killing of a health insurance CEO that has gripped the United States graduated from an Ivy League university, reportedly hails from a wealthy family, and wrote social media posts brimming with cerebral musings. He comes from a prominent and wealthy Italian-American family, according to the Baltimore Banner.
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