Business

Air France gets EU green light for 4 bn euro aid

The EU authorised the French government on Tuesday to double its stake in Air France and inject up to four billion euros into the struggling airline whose revenues have been hit by the pandemic-induced drop in passenger traffic.

Business

Qatar Airways posts record $1.5B profits ahead of World Cup

Qatar Airways, one of the Mideast's largest carriers known for on-board comfort and luxury, said Thursday its profits over the past fiscal year topped $1.5 billion, marking the highest ever earnings for the state-owned carrier ...

Engineering

New truck front to save lives

Researchers at Chalmers University of Technology in Sweden have developed a new truck front concept to reduce fatal crashes in car-truck collisions significantly.

Business

Cathay Pacific posts record loss, warns of long recovery

Hong Kong carrier Cathay Pacific said Wednesday it suffered a record $2.8 billion loss last year as the coronavirus pandemic wiped out demand for travel—and the airline warned of a long road to recovery ahead.

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