Willie Walsh, CEO of the International Airlines GroupSimon Dawson | Bloomberg | Getty ImagesAn unpredictable trade war and daunting environmental targets are on the agenda for global airline bosses at an annual summit in India, as the industry addresses concerns that geopolitical uncertainty will dent strong travel demand and raise costs.More people are flying than ever before after a full post-pandemic passenger market recovery, but airlines globally are facing rising cost pressures, extended plane delivery delays, supply chain bottlenecks and a setback in recently strong fares.On top of this, U.S. President Donald Trump’s evolving trade war has upended the aerospace…
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On June 1, Mexico will become the only country in the world to elect all of its judges and magistrates. Emiliano Rodriguez Mega, a New York Times reporter based in Mexico City, breaks down why this new approach is so controversial. Source link
Japan’s prime minister, Shigeru Ishiba.Bloomberg | Bloomberg | Getty ImagesJapanese Prime Minister Shigeru Ishiba is considering visiting Washington to meet President Donald Trump before a mid-month summit of the Group of Seven nations as he seeks a trade deal, the Yomiuri newspaper reported on Sunday.Japanese officials see signs of progress on easing Trump’s tariffs after repeated visits by top tariff negotiator Ryosei Akazawa, and say the U.S. side has shown strong interest in Japan’s proposals, the Yomiuri said, citing Japanese government officials it did not name.Economy Minister Akazawa will return to Washington for more talks late this week, after which…
Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the company’s shipping yard at the Port of Pyeongtaek on April 03, 2025 in Pyeongtaek, South Korea.Chung Sung-Jun/Getty ImagesSouth Korea’s exports fell in May for the first time in four months, as shipments to the United States and China dropped on global trade conflict triggered by U.S. President Donald Trump’s sweeping tariffs.Exports from Asia’s fourth-largest economy, an early bellwether for global trade, declined 1.3% from the same month last year to $57.27 billion, government data showed on Sunday.”Declines in exports to both the United…
Artist Lauren Bon, shown at the Los Angeles River. Bon and her non-profit art and research hub, Metabolic Studio, spent more than a decade on a project called “Bending the River.” The initiative draws water from the L.A. River in downtown L.A., cleans it and uses it to irrigate Los Angeles State Historic Park.Allen J. Schaben | Los Angeles Times | Getty ImagesPolitics, science and the law aren’t the only fields with the ability to influence climate change policy — when it comes to making direct interventions, art shouldn’t be underestimated, industry insiders say.The arts have an “essential” role to…
U.S. Customs and Border Protection in Newark Liberty International Airport.Nicolas Economou/NurPhoto via Getty ImagesSome European companies are growing wary about sending their employees to the U.S.It comes amid volatile policymaking by the Trump administration, more stringent immigration checks, and an uptick in reports of detentions and deportations.Some businesses CNBC spoke to, in areas including engineering and accounting, stressed that their work trips to the U.S. continued unabated. But others, usually in more politically sensitive fields, flagged employee welfare concerns.Their responses ranged from issuing new travel guidance — such as advising workers to bring wiped electronic devices or entering the U.S.…
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72.Mario Tama / Getty ImagesCompany: Lyft Inc (LYFT)Lyft (LYFT) is a multimodal transportation network in the United States and Canada. It offers access to a variety of transportation options through its platform and mobile-based applications. The Lyft Platform provides a marketplace where drivers can be matched with riders via the Lyft App, where it operates as…
In the tug of war between the macroeconomic and crypto adoption stories, blockchain adoption is starting to taking over the bitcoin narrative. Institutions and corporations combined to drive up bitcoin in May. The cryptocurrency ended the month about 10% higher, its second straight monthly rise, driven by strong inflows into bitcoin exchange-traded funds and continued purchases of bitcoin by corporate treasury departments. Bitcoin ETFs saw $5.6 billion in inflows this month, when the number of bitcoin held by public companies grew 4% to $85.6 billion, according to Bitcoin Treasuries . Investors expect the trend to continue in June, and to…
Polaris Dawn commander Jared Isaacman during spacesuit testing.John Kraus / Polaris ProgramThe White House has seemingly pulled the nomination of NASA administrator Jared Isaacman and said that President Donald Trump would soon name a replacement.The White House did not explain the move in a statement, but White House spokesperson Liz Huston said “it’s essential that the next leader of NASA is in complete alignment with President Trump’s America First agenda.”Trump in December said he was nominating Isaacman, a billionaire entrepreneur who has never been in federal government, as NASA administrator.Isaacman has been to space twice, on commercial missions that he funded…
Paris St Germain’s Ousmane Dembele.Dylan Martinez | ReutersParis Saint-Germain, Champions League winner.At long last the club that was transformed by Qatari billions and bought and sold a succession of the world’s greatest players in an extravagant bid to get to the top has its hands on the big one.European club soccer’s grandest prize has a new home after PSG thrashed Inter Milan 5-0 in Saturday’s final in Munich.The trophy that not even Lionel Messi, Neymar or Kylian Mbappe could deliver to the French club was finally claimed by Luis Enrique, the Spanish coach who has overseen PSG’s shift from the…
