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Lufthansa accelerates cost cuts, closing subsidiary, as fuel prices surge

Lufthansa accelerates cost cuts, closing subsidiary, as fuel prices surge

Lufthansa said Thursday that it was accelerating savings plans by closing a regional subsidiary as the German aviation giant struggles with surging fuel costs due to the Iran war and a wave of labour strikes. The group also said it would reduce capacity on long- and short-haul routes after

Pernod says Brown-Forman talks 'ongoing' after reported rival offer

Pernod says Brown-Forman talks 'ongoing' after reported rival offer

French drinks giant Pernod Ricard said Thursday that talks to buy Brown-Forman, the US owner of Jack Daniel's whiskey, were continuing after reports of a rival American offer by Sazerac. Pernod unveiled in March talks for a "merger of equals" to create a global spirits

Commodities exports through Strait of Hormuz collapse, except for Iran

Commodities exports through Strait of Hormuz collapse, except for Iran

Iran was the top exporter of commodities through the Strait of Hormuz in March, as shipments from other countries fell off a cliff with Tehran's blockade of the vital waterway, data by analytics firm Kpler showed. Iran is usually the fifth largest exporter of commodities -- goods such as

Russian strikes kill at least 19 across Ukraine

Russian strikes kill at least 19 across Ukraine

A massive Russian drone and missile barrage killed at least 19 people in cities across Ukraine, more than four years into the war with talks on ending the conflict stalled. AFP journalists heard loud bangs echoing over the capital during the night and saw huge plumes of black smoke rising

Pope condemns 'endless cycle' of death in 'bloodstained' Cameroon region

Pope condemns 'endless cycle' of death in 'bloodstained' Cameroon region

Pope Leo XIV condemned "an endless cycle of destabilisation and death" on a visit Thursday to a "bloodstained" region of Cameroon that has been gripped by an English-speaking separatist conflict for nearly a decade. "Those who rob your land of its resources generally invest

UK PM tells social media bosses to step up child online safety

UK PM tells social media bosses to step up child online safety

UK Prime Minister Keir Starmer on Thursday hinted at possible measures limiting children's access to social media, as he met senior tech figures and warned: "Things can't go on like this." "They must change because right now social media is putting our children

Outpouring of emotion as Turkey buries school shooting victims

Outpouring of emotion as Turkey buries school shooting victims

Crowds gathered for the funerals of eight children and a teacher in southern Turkey on Thursday, killed when a 14-year-old opened fire at a school in a crime that has plunged the country in to shock and the community into grief. As family members and mourners flocked around