Economy

Lufthansa to scrub 20,000 summer flights to save on fuel costs

Deutsche Lufthansa AG will scrub 20,000 uneconomic short-haul flights from its European summer schedule to save on jet fuel, which…

Read More »

US intercepts three Iranian oil tankers in Asian waters, sources say

The US military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near…

Read More »

Apple names new chief executive to replace Tim Cook

Apple has named John Ternus as its new chief executive to replace Tim Cook who is stepping down after 15…

Read More »

Oil prices rise after Trump says Iranian ship seized

Global oil prices have jumped after US President Donald Trump said its navy had intercepted and seized an Iran-flagged cargo…

Read More »

Apple names insider John Ternus as CEO, Cook to become executive chairman

Apple on Monday named insider John Ternus as its next CEO, tasking the long-time hardware chief to steer the company…

Read More »

Strait of Hormuz closed again, Iran says, as ships attacked

Iran says it is closing the Strait of Hormuz again to commercial vessels and that any ship that approaches it…

Read More »

Europe has ‘maybe six weeks of jet fuel left’, energy boss warns

Europe has “maybe six weeks of jet fuel left”, the head of the International Energy Agency (IEA) has warned. Stocks…

Read More »

Zuckerberg creates AI version of himself, but why?

Meta is working on a new AI-powered project to develop a digital version of CEO Mark Zuckerberg. The aim is…

Read More »

Price hikes, outlook cuts – What airlines are doing as fuel costs surge

A surge in jet fuel prices driven by the US-Israeli war on Iran has upended the global aviation industry, forcing…

Read More »

Ukraine’s Zaporizhzhia nuclear power plant temporarily loses all off-site power, IAEA says

International Atomic Energy Agency (IAEA) said that Ukraine’s Zaporizhzhia nuclear power plant temporarily lost all off-site power around for around…

Read More »