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Ireland's Aer Lingus settles pilot pay row
A long-running row over pay between Irish airline Aer Lingus and pilots that led to hundreds of flight cancellations was settled Tuesday after pilots accepted an 18-percent wage hike.
BBC to axe 500 more jobs in bid to be 'more agile'
The BBC is to axe 500 jobs over the next 20 months in a bid to save £200 million ($258 million) and become a "leaner, more agile organisation," the British public service broadcaster announced Tuesday. "We also need to consider how best to fund the BBC in the long term to secure all the benefits of universal public service broadcasting in the future."
Spotify adds paid subscribers, beating estimates
Swedish music streaming giant Spotify said Tuesday that it added seven million paid subscribers in the second quarter, beating forecasts after it raised prices. The streaming platform had 626 million active users during the quarter, lower than its forecast of 631 million.
EU opens probe into possible online food-delivery cartel
The EU launched an investigation on Tuesday to determine whether online food-delivery companies Delivery Hero and Glovo engaged in anti-competitive practices. "Online food delivery is a fast-growing sector, where we must protect competition," said EU antitrust chief Margrethe Vestager.
India on $24 bn jobs drive in Modi's first post-election budget
India's government will spend $24 billion on employment and training, it said Tuesday, as Prime Minister Narendra Modi looks to address uneven economic growth and mollify disgruntled voters after a surprising election setback last month. Robust economic growth in India has driven a tax windfall, allowing the government to increase spending while still reducing debt.
Bosses resign at Japan supplement firm probing deaths
The chairman and president of a major Japanese dietary supplement maker announced their resignation on Tuesday, as the company probes 80 deaths potentially linked to tablets meant to lower cholesterol. Last month, the company said it was probing a total of 80 deaths possibly connected to its pills, and investigating whether organs other than kidneys were harmed.
Theme park's novel bid to fix South Korea youth unemployment
At a kids' role-playing theme park in Seoul, 23-year-old Park Woo-joo is on a very adult mission: the university-educated but unemployed South Korean is searching for his future career. At the sprawling indoor theme park, while people dressed as police officers and Supreme Court judges role-played in purpose-built areas, Park told AFP he was eager to "experience as much as possible".
Most Asian markets rise after US rally ahead of inflation report
Asian markets rose Tuesday, building on a tech-led surge in Wall Street equities as investors returned to the sector after last week's losses, while attention turned to the upcoming release of key US inflation data.
'Sexist' falsehoods target Kamala Harris after Biden drops out
Doctored images, sexual slurs, racial innuendos -- false narratives around Kamala Harris surged online as she emerged as the Democratic frontrunner in the US presidential race, with researchers warning of an incoming flood of gendered disinformation.
AFP
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