News Archives - Page 9 of 81

Ryanair Reports 174 Million Dollars Profit

25Jul

By Alan LorenzNo Comments

Business, News

Ryanair Reports 174 Million Dollars Profit

Ryanair made a profit of 170 million euros (174 million dollars) in the first quarter of its fiscal year, from April to June. The Irish budget flyer will announce this on Wednesday. However, Ryanair is cautious in its outlook after the usual summer crowds. In the first quarter of 2021, when travel was still limited due to the corona pandemic, Ryanair recorded a loss of 273 million euros. Earnings in the first quarter of this fiscal year are higher than expected. Analysts consulted by financial news agency Bloomberg expected a profit of 150 million euros. Before the corona pandemic, in 2019-2020, the profit was still 243 million euros. The Irish low-cost airline says there are clear signs of "pent-up demand," with bookings closer to the travel date than before the pandemic. Ryanai...

Ryanair Strikes Deal With Spanish and French Pilot Unions

21Jul

By Alan LorenzNo Comments

Business, Europe, News

Ryanair Strikes Deal With Spanish and French Pilot Unions

After months of difficult negotiations, Irish low-cost airline Ryanair signed a deal with Spanish and French pilots' unions on Thursday. The agreements include wage increases and have a duration of five years. “We welcome these long-term agreements that will bring many improvements to our pilots in Spain and France,” said Ryanair. However, the company also states that the company still faces "significant challenges" after the boom of the corona crisis. According to the company, agreements have now been made with 85 percent of the pilots about an accelerated wage recovery and improved long-term agreements. Spanish cabin crew went on strike in June and July because the low-cost airline refused to negotiate higher wages. The Spanish trade unions got together with unions in Belgium,...

Microsoft Launches Facebook Clone for Teams

20Jul

By Alan LorenzNo Comments

Technology, News

Microsoft Launches Facebook Clone for Teams

A new social platform within the Teams application should encourage employees to share news and interests. Microsoft has launched Viva Engage in the United States, an app within Teams that is very similar to Facebook, to strengthen social networks within the company. The app draws a lot from software from Yammer, a community-building software company that was acquired by Microsoft about a decade ago. The Viva Engage app stands out mainly because it resembles a clean Facebook version. There's a news feed for your stories, conversations, videos, images, and more. It, therefore, seems mainly made to become a social network for work.

Tensions in Tesla Boss Entourage: Elon Musk Wanted to Entrust Fortune to Russian Poker Player

18Jul

By Alan LorenzNo Comments

US, News, Russia

Tensions in Tesla Boss Entourage: Elon Musk Wanted to Entrust Fortune to Russian Poker Player

It has prevailed in the dense entourage around Elon Musk, The Wall Street Journal reveals. Not so much because of the (discontinued) takeover of Twitter but because of a fierce battle for who could manage the fortune of the richest person in the world. A story with two protagonists who are opposites. On the one hand, you have Jared Birchall, a 48-year-old Mormon wealth manager who has held several senior positions in the past at major banks such as Merrill Lynch and Morgan Stanley and has been Elon Musk's trusted right-hand man for ten years now. On the other hand, you have Igor Kurganov, a 34-year-old Russian who dropped out of school "because he smoked too much weed" and made a career as a professional poker player. Musk and Kurganov have not known each other very long but wou...

Heathrow Airport Apologizes for Poor Service

11Jul

By Alan LorenzNo Comments

UK, News

Heathrow Airport Apologizes for Poor Service

London's major Heathrow airport has apologized for its poor passenger service. Like other European airports, including Schiphol, Heathrow has suffered from long lines of travellers waiting for hours and luggage being left behind at the airport due to heavy crowds and staff shortages. To ease the crowds, Heathrow has reduced the number of flights. In June, the largest airport in the United Kingdom handled almost 6 million travellers, according to transport figures published Monday. The large influx has repeatedly caused problems. Heathrow, the home of British Airways, says the service provided to travellers has been "unacceptable" on several occasions. The airport company states that it is very challenging to quickly add capacity by taking on additional staff. Heathrow expects se...

Samsung Expects Turnover to Increase by More Than 11 Percent

7Jul

By Alan LorenzNo Comments

Technology, News

Samsung Expects Turnover to Increase by More Than 11 Percent

South Korea's Samsung Electronics expects its operating profit to rise 11.4 percent in the second quarter of 2022, despite ongoing global supply problems. The company said this in a statement on Thursday. Operating profit for the period is expected to be 14 trillion won, compared to 12.6 trillion won in the same period a year earlier. In addition, the world's largest smartphone maker expects its sales to rise 21 percent between April and June to 77 trillion won. That would be less than in the first quarter of this year when the group posted sales of 77.8 trillion won. Analysts say the company benefited from strong memory chip performance, which offset a decline in smartphone sales in the second quarter.

Six Dead and Twenty Injured in Serious Bus Accident in Turkey

5Jul

By Alan LorenzNo Comments

Turkey, News

Six Dead and Twenty Injured in Serious Bus Accident in Turkey

Six people, including a child, have been killed in a serious traffic accident involving a coach in western Turkey. The state news agency Anadolu reported this on Tuesday. 25 other people were also injured. The accident occurred in Kirklaarli province, near the Bulgarian-Turkish border. The bus was on its way to Bodrum city when the vehicle veered off the road and overturned. More information about the accident has not been released for the time being.

Pope Francis Denies Rumours of Possible Resignation

4Jul

By Alan LorenzNo Comments

News

Pope Francis Denies Rumours of Possible Resignation

Pope Francis denies rumours that he may be stepping down soon due to health problems. However, he hopes to be able to travel to Kyiv and Moscow soon. "It never occurred to me," the pope said in an interview with Reuters news agency. “Not at the moment!” The interview was conducted on Saturday at his residence in the Vatican. The Pope had to cancel a trip to Africa in early July due to severe pain in the right knee. That pain has sparked speculation in recent weeks about a possible resignation of the pope, like his predecessor Benedict XVI. Francis, admittedly, reiterated that he could resign from office if his health prevented him from leading the Church. Asked about when that might happen, he replied: “We don't know. God will tell.” The pope noted that he suffered a "minor fra...

UN Finds Soup Borscht Endangered Ukrainian World Heritage

1Jul

By Alan LorenzNo Comments

Ukraine, Europe, News

UN Finds Soup Borscht Endangered Ukrainian World Heritage

The United Nations has declared the vegetable soup borscht an endangered Ukrainian World Heritage Site. The UN culture organization UNESCO fears negative consequences for the tradition in Ukraine due to the Russian invasion on 24 February. The Ukrainian government in Kyiv welcomes UNESCO's decision as a victory in the "borsht war" with Russia. Because the Russians also claim the beetroot soup as a national dish. Moscow is therefore strongly against the move by UNESCO. "The victory is ours," said the Ukrainian culture minister. And according to him, Ukraine will also win the other war against Russia. Borscht, also written for example as borscht or borscht, is popular in many Eastern European countries.

Travel Industry and Travellers Important Target of Phishing This Summer

30Jun

By Alan LorenzNo Comments

News, Technology

Travel Industry and Travellers Important Target of Phishing This Summer

Consumers should be extra vigilant during their holidays due to the heightened cybersecurity risks. That warning comes from Check Point, a leading provider of security solutions. The company sees, among other things, a phishing trend in which hackers pose as well-known travel companies because holidaymakers are looking for last minutes. Despite increased costs and problems at airports, international travel is expected to increase by 11 percent this summer. As a result, according to Check Point Research, hackers widely impersonate well-known travel industry companies for phishing attacks. 'Holiday travellers looking for last-minute available trips, hotels and attraction offers are sensitive to emails about those topics. For example, there is a fraudulent e-mail from Delta Airline...