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Air France Cancels More Than Half of Shorter Flights Due to Strike
Air France expects to cancel more than half of its short- and medium-haul flights on Friday as a result of a strike at French air traffic control.
Longer flights are largely spared, the airline reports on its website.
French air…
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Uber Pays $100 Million Because It Treats Drivers as Self-Employed
Uber has paid $100 million in fines and taxes in New Jersey. It does so because nearly 300,000 drivers are self-employed and thus miss many social benefits.
Uber's model has been under fire for a while. In principle, drivers are…
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US Inflation Cools Less Than Expected in August
Inflation in the United States cooled further in August compared to a month earlier. This was mainly because Americans spent less money on gasoline last month.
According to the US government, inflation was 8.3 percent year-on-year…
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US: Russian Oil Price Cap Must Remove Risk Premium From Market
The price cap that the G7 countries are planning to introduce on Russian oil should remove the risk premium from the oil market. A US Treasury Department official said that the extra premium on oil prices resulted from Russia's invasion of…
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Price Fighter EasyJet Questions Higher Flight Tax
British low-cost airline EasyJet, one of the largest users of Schiphol Airport, questions the higher air passenger tax that the government wants to introduce.
According to society, the tax does not stimulate the sector to become…
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German Aluminum Producer Intervenes to Prevent High Energy Bills
The German aluminium producer Speira is reducing production because of the sharp rise in energy costs. For example, a factory in Neuss now only runs at half power.
Many European metal companies have had to intervene in production…
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European Gas Price Drops Sharply After Short-Lived Advance
The European gas price fell sharply on Tuesday after the sharp rise the day before. Gas prices skyrocketed on Monday in response to the decision by the Russian state gas group Gazprom to suspend gas supplies to Germany via the important…
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OPEC+ to Cut Oil Production by 100,000 Barrels Per Day
The countries of the oil alliance OPEC+ will cut production by 100,000 barrels per day in October to prop up oil prices. This was reported by representatives of the oil cartel OPEC and allies such as Russia and Kazakhstan.
It is…
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