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Airlines less optimistic for 2025, facing 'headwinds': IATA
Airlines less optimistic for 2025, facing 'headwinds': IATA
Economy
by  AFP

Airlines on Monday revised down their traffic and profit forecasts for 2025, citing "headwinds" for the global economy, with industry chiefs warning of the risk of increased tariffs impacting the sector. - 'Trade tensions' - While looking at profits, Walsh warned that "perspective is critical" to put industry-wide figures into context, saying that per passenger, it was still a narrow margin.

China 'firmly rejects' US claim that it violated tariff deal
China 'firmly rejects' US claim that it violated tariff deal
Economy
by  AFP

China said Monday it "firmly rejects" US claims that it had violated a sweeping tariffs deal, as tensions between the two economic superpowers showed signs of ratcheting back up. "China firmly rejects these unreasonable accusations," its commerce ministry said in a statement.