Lufthansa and Air France-KLM tighten budget amid first-quarter losses prompted by disruptions and strikes
Despite the slow start, airlines are expecting a busy summer ahead
China’s zero-COVID policy and widespread use of lockdowns sees economy shrink
While June showed an improvement in activity, projections remain muted over the prospects of future lockdowns
Uber in the spotlight weeks after Malta debut: leaked documents expose practices to fuel global expansion
A tranche of leaked documents expose ethically dubious practices by the global disruptive force
Former Japanese PM Shinzo Abe, famous for ‘Abenomics’ policy, dies after being shot
He was the country’s longest serving PM, and was shot in broad day light while addressing a crowd
It’s official: Boris Johnson resigns as Tory leader, to continue as PM until replacement found
The former London Mayor has bowed to pressure from his party and Cabinet
Euro tumbles to two-decade low as Germany runs first trade deficit since 1991
Imports may suffer, but net exporters may see a boost
Wave of UK Government resignations will see Boris Johnson resign as PM imminently, British media report
‘The PM will make a statement to the country today,’ an OPM spokesperson said
How Swedish fintech darling Klarna’s €45bn valuation collapsed to €6.3bn in just 12 months
The Buy Now Pay Later firm’s value seems to be in freefall
‘Too cheap’: Ryanair boss warns travellers will continue to face rising ticket prices
Michael O’Leary is regarded as a pioneer of low-cost travel in Europe
Worst Jan-Jun performance since 1970 sees €8.6 trillion wiped off US stock market
Whether increasing interest rates does more harm than good is an open question
Italy’s second richest man, eyewear king Leonardo Del Vecchio, passes away aged 87
After spending parts of his childhood in an orphanage, he built the world’s largest optical company from scratch
Russia in first foreign debt default since Lenin
Sanctions have made it impossible for the country to service its debt obligations
Rolls Royce surprise staff with announcement of £2,000 living cost bonus
More than 14,000 staff at the company will be given the one-off payment
Why were so many websites down on Tuesday morning?
The issue is with a widely used service called Cloudflare, one of the biggest content delivery networks in the world
Overburdened supply chain sinks Revlon
The company also produces Elizabeth Arden, Cutex, and perfumes fronted by Christina Aguilera and Britney Spears
EU Commission backs Ukraine and Moldova for candidate status
This is the first step in a lengthy process