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  • 13, June 2021

    Airline industry sees long-term rebound for sector, says IATA

    PARIS: After flying into the financial turbulence of the COVID pandemic, the airline sector expects passenger traffic to take off despite concerns about the industry’s impact on climate change. 

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  • 13, June 2021

    Switzerland on course to reject synthetic pesticide ban proposal

    GENEVA: Switzerland seemed on course yesterday to reject proposals to make it the first European country to ban synthetic pesticides following a campaign that saw the idyllic image of peaceful Swiss Alpine pastures ruptured by fiery debates.

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  • 12, June 2021

    EU urges UK to uphold Brexit deal but Johnson defiant

    CARBIS BAY, United Kingdom: European leaders yesterday delivered an ultimatum to UK Prime Minister Boris Johnson to keep his word on Brexit to resolve a row over new trade arrangements in Northern Ireland. 

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  • 12, June 2021

    US billionaires dodge taxes and play into Biden’s hands

    WASHINGTON: US President Joe Biden’s push to get Congress to reform the tax code and ensure the richest Americans pay their “fair share” has received an unexpected boost from billionaires like Jeff Bezos and Elon Musk-who, it turns out, don’t have much of a tax bill at all.

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  • 12, June 2021

    US lawmakers, wary of Big Tech, mull antitrust overhaul

    WASHINGTON: US lawmakers unveiled sweeping antitrust measures Friday aimed at tempering the dominance of Big Tech firms including Apple and Facebook, in what may be the most ambitious effort in decades to break corporate monopolies. 

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  • 10, June 2021

    ECB in hot seat over easy money as economy strengthens

    FRANKFURT: Markets will be looking for clues on when the European Central Bank might start winding down monetary stimulus, as the economic rebound from the pandemic accelerates and eurozone inflation surges past the bank’s target. 

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  • 10, June 2021

    Peugeot to be prosecuted in France over ‘dieselgate’

    PARIS: French car maker Peugeot is facing prosecution in France over the “dieselgate” emissions cheating scandal, its parent company Stellantis said Wednesday, after similar charges were announced against Renault and Volkswagen. 

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  • 10, June 2021

    Thousands strike in Greece over new labour reform

    ATHENS: Thousands of demonstrators marched in Greece yesterday as a 24-hour nationwide strike against a new labour reform shut down transport and public services. 

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  • 09, June 2021

    EU warns UK against ‘unilateral action’ on Northern Ireland trade

    LONDON: The European Union yesterday warned the UK against taking further unilateral action on post-Brexit trade arrangements in Northern Ireland, promising tough measures if it does so. 

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