BERLIN (Reuters) – Lufthansa does not expect its global airline operations to return to normal until 2023 after staff shortages and booming demand amid the lifting of COVID-19 restrictions forced it to cancel some flights, Die Welt newspaper reported on Saturday. “Unfortunately, a short-term...
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photo: AP / Jose Luis Magana
Summary Brent, U.S. crude head for second weekly declineFed's inflation fight is 'unconditional,' Powell saysOPEC+ seen sticking to plan at June 30 meeting LONDON, June 24 (Reuters) - Oil prices slipped on Friday and were heading for a second weekly fall, as tight supply was...
photo: WN / Yolanda Leyba
BANGKOK (AP) — Shares were higher in Asia on Friday, despite data suggesting economies are slowing. The advance tracked gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses. Tokyo's Nikkei 225 index added 1.2% to 26,491.97 and the Kospi in...
photo: AP / Eugene Hoshiko
Netflix on Thursday laid off 300 employees in the latest round of cuts as the company responds to a revenue slowdown and its first subscriber loss in more than a decade. The Los Gatos, California-based streaming giant did not say what departments were...
photo: AP / Christophe Ena, File
Economy minister says cut in deliveries is ‘economic attack on us by Putin’ Germany’s economic ministry has announced the second of three energy emergency phases, warning the country faces a high risk of long-term supply shortages due to Russia systematically choking off gas deliveries. One of the...
photo: European Community / Lukasz Kobus
The Biden administration’s plan to hold a hunger summit, more than 50 years after President Richard Nixon convened a similar one, will put a spotlight not only on shortcomings in the current programs but also on issues that emerged over the decades since. The White House is three months away from...
photo: US DoD / Lisa Ferdinando
