Summer capacity on short and medium haul routes almost back to 2019 level Bookings for Easter and summer partially above pre-crisis levels Adjusted EBIT before restructuring expenses at -1.8 billion euros (previous year: -5.2 billion euros) Lufthansa Cargo again posts record result. Adjusted EBIT doubled to 1.5 billion euros Structural cost reductions – more than […]
Staff at European government organizations have been receiving malicious emails that appear to be coming from email accounts belonging to members of the Ukrainian military.
One of the world's largest in revenue, the global automotive industry is an ever-shifting landscape that experiences changing trends each day. While the highly volatile market faces more automotive supply chain challenges due to increasing globalization, recent happenings have shaken the demand-supply equilibrium even more.
As asset and inventory tracking moved from barcodes to RFID tags to BLE beacons to GPS-based automotive supply chain tracking systems, the automotive sector has come a long way from manual track and trace. Real-time visibility, even though relatively new, has brought a real digital transformation in supply chain in the automotive industry.
A Chinese man who claimed he was trafficked to the Cambodian gambling hub Sihanoukville by a criminal gang and kept as a “blood slave” made the whole thing up, according to Cambodian authorities. Last month, Li Yayuanlun, 31, said he had been kidnapped by the gang in June after traveling to China’s southwestern region of […]
Mr. Powell reiterated that the US Federal Reserve is preparing to increase interest rates this month, despite the uncertainty of Ukraine crisis remain. (Read More)
Fintech company MoonPay just bought NFT World Of Women (WoW) during an auction by Christie’s on Tuesday. MoonPay was revealed as the mystery bidder behind the digital art piece. The virtual Non-Fungible Token (NFT) artwork that was to be sold at the London Evening Sale was sold for £567,000 ($754,340). This is a rare piece [...]
Short-term rentals have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real […]