Lufthansa Imposes Mandatory Environmental Fee to Meet EU Regulations

Lufthansa introduces a mandatory environmental fee for flights starting from January 1, 2025, to cover increasing costs due to EU environmental regulations. The surcharge will range from 1 to 72 euros, depending on the route and fare.

Business

European Commission Challenges Meta's Ad Model, Potential Multi-Billion Euro Fines Loom

2024-07-01T12:58:39.724Z

The European Commission has accused Meta of violating the Digital Markets Act with its 'payment or consent' model, potentially leading to multi-billion euro fines. The Commission argues that this model forces users to choose between seeing ads or paying to avoid them, without offering a balanced alternative.

Business

Paris Stock Exchange Surges Amid National Rally Gains: What Investors Need to Know

2024-07-01T06:59:02.708Z

The Paris Stock Exchange is set to open sharply higher following the first round of legislative elections. With the National Rally gaining significant ground, investors are closely watching market reactions and the bond spread between France and Germany.

2024/6/27

Business

German Finance Minister Warns of Potential Budgetary 'Tragedy' in France Amid Election Uncertainty

2024-06-27T15:58:27.881Z

German Finance Minister Christian Lindner warns of a potential budgetary 'tragedy' in France if the future government adopts a lax policy. Concerns rise ahead of the French legislative elections, with implications for market stability and European fiscal discipline.

Business

Caddy's Future in Balance as Two Takeover Offers Emerge Amid Liquidation

2024-06-27T15:37:39.164Z

The future of Caddy, the renowned supermarket trolley manufacturer, hangs in the balance as two takeover offers are evaluated amid ongoing liquidation. Discover the details of the proposals and what they mean for the company's employees and operations.

Business

Lufthansa Imposes Mandatory Environmental Fee to Meet EU Regulations

2024-06-27T13:27:22.766Z

Lufthansa introduces a mandatory environmental fee for flights starting from January 1, 2025, to cover increasing costs due to EU environmental regulations. The surcharge will range from 1 to 72 euros, depending on the route and fare.

Business

Escalating Israel-Hezbollah Tensions Surge Oil Prices, Impact Global Markets

2024-06-27T12:27:28.072Z

Oil prices have surged due to escalating tensions between Israel and Hezbollah, despite an unexpected rise in US oil inventories. The potential conflict could disrupt global markets, impacting oil and gold prices. Read more to understand the implications.

Business

Israeli Economy Struggles: New Tax Measures to Support War Effort

2024-06-27T09:38:50.018Z

The Israeli economy faces a recession due to the Gaza conflict. New tax measures, including the deduction of recovery days, aim to support reserve soldiers but have sparked public debate.

Business

Paris Tops 2024 Ranking of Dynamic Local Businesses, Survey Reveals

2024-06-27T07:17:35.505Z

Paris has been ranked as the top city in France for dynamic local businesses in 2024, according to a survey by Shop Small and American Express. The study highlights the growing popularity of local shops across the country.