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Lufthansa planning thousands of job cuts: sources
Lufthansa planning thousands of job cuts: sources
Economy
by  AFP

Lufthansa is planning to cut thousands of administrative staff as the German aviation giant seeks to reduce costs following a fall in earnings, sources close to the matter said Friday. Two sources, speaking on condition of anonymity, confirmed to AFP that Lufthansa was planning to axe up to 20 percent of its administrative staff.

China at UN warns of return to 'Cold War mentality'
China at UN warns of return to 'Cold War mentality'
Economy
by  AFP

Chinese Premier Li Qiang warned Friday against a return to a "Cold War mentality" and defended multilateralism and free trade, in a veiled criticism of the United States from the United Nations. "Unilateralism and (the) Cold War mentality are resurfacing.