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Ryanair rewards shareholders after profit soars
Ryanair rewards shareholders after profit soars
by  AFP

Irish no-frills airline Ryanair on Monday announced the start of regular dividends to shareholders after net profit surged 72 percent in its first half on higher fares and record traffic. Ryanair profits ballooned in the first half "thanks to a strong Easter in the first quarter, record summer traffic and higher fares which offset significantly higher fuel costs", the company statement said.

'Did you kill a Palestinian?': anti-West boycott sweeps Mideast
'Did you kill a Palestinian?': anti-West boycott sweeps Mideast
by  AFP

In a convenience store in Bahrain, 14-year-old Jana Abdullah carries a tablet as she shops, checking a list of Western brands to avoid as Israel pursues its war against Hamas. "Ah, this is made in Tunisia," he said, his four-year-old son Abdullah standing beside him.

Telecom Italia approves US fund's bid for network
Telecom Italia approves US fund's bid for network
by  AFP

Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision. Vivendi said it would "use all legal means at its disposal" to contest TIM's "illegal" decision.

Hamburg airport flights halted over 'hostage' situation
Hamburg airport flights halted over 'hostage' situation
by  AFP

Air traffic at Hamburg airport remained suspended Sunday over a hostage situation on the tarmac involving a father and his child, German authorities said. On Sunday morning the airport management posted on X saying, "The police operation continues, air traffic remains suspended until further notice."

Poppy growth down 95% in Afghanistan since Taliban ban: UN
Poppy growth down 95% in Afghanistan since Taliban ban: UN
by  AFP

Poppy cultivation and opium production have plunged 95 percent in Afghanistan since Taliban authorities banned the crop, according to a UN report published Sunday. Since returning to power in 2021, Taliban authorities have vowed to end illegal drug production in Afghanistan and in April 2022 banned the cultivation of the poppy plant, from which opium and heroin are made.

Australia PM Albanese vows to 'work constructively with China'
Australia PM Albanese vows to 'work constructively with China'
by  AFP

Australian Prime Minister Anthony Albanese vowed on Sunday to "work constructively" with China as the two countries seek to thaw icy relations. "Constructive economic engagement between countries helps to build relationships... that is why the government that I lead will continue to work constructively with China," Albanese said in a speech.