Economy

Paris 'flying taxis' scheme misses Olympic debut
Paris 'flying taxis' scheme misses Olympic debut
By AFP

Flying taxis could whisk passengers across Paris or help with emergency medical care from December, operators said on Thursday, while acknowledging that the dream of showing off the scheme during the Paris Olympics was impossible.

Deliveroo shares surge on 'profit milestone'
Deliveroo shares surge on 'profit milestone'
By AFP

Deliveroo shares surged more than ten percent Thursday after the international food delivery app struck its first six-month net profit, an achievement described as a "major milestone" by its boss. Deliveroo, which experienced surging demand during the Covid pandemic from lockdown-hit customers, has tens of thousands of self-employed riders -- a status that continues to cause controversy.

Harvest starts very early in Sicily's drought-hit vineyards
Harvest starts very early in Sicily's drought-hit vineyards
By AFP

On the hills of the Contessa Entellina vineyard in western Sicily, the harvest is already well underway, the grapes ripening earlier than usual because of drought and high temperatures. Contessa Entellina's harvest will be smaller than last year, with smaller grapes.

Jeweller's eye-popping watch is love letter to Albania
Jeweller's eye-popping watch is love letter to Albania
By AFP

Albanian jeweller Pirro Ruco laboured day and night for five years to capture the essence of his country in a spectacular luxury watch. It was my new dream," he told AFP. For the next five years, Pirro said he focused on "doing something special, Albanian, and at the same time completely new and never before seen in the watch industry."

Stocks turn lower again as nervous traders navigate volatility
Stocks turn lower again as nervous traders navigate volatility
By AFP

Asian stocks resumed their losses Thursday after a sell-off on Wall Street in a sign that the volatility that has roiled markets this week still has some time to run as traders fret over the global economy. All three main indexes on Wall Street ended in the red, having given up big gains at the start of the day, with a poorly received US Treasury bond auction adding to the downbeat mood.