SAS bridge financing keeps survival hopes airborne, shares climb

SAS Link’s Embraer E195 aircraft lands at Kastrup Airport, as pilots of Scandinavian Airlines go on strike, in Kastrup, Denmark July 4, 2022. TT News Agency/Johan Nilsson via REUTERS Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, Aug 15 (Reuters) – Scandinavian airline SAS (SAS.ST) kept its bid for survival aloft at the … Read more

UK PM Boris Johnson to discuss cost of living support with business leaders

British Prime Minister Boris Johnson walks outside Downing Street in London, Britain, July 20, 2022. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON, July 20 (Reuters) – British Prime Minister Boris Johnson will meet with senior business leaders on Thursday to discuss what more can be done to help families struggling … Read more

UK public sector workers to get 5% pay rise, Financial Times reports

People walk through the City of London financial district during warm weather in London, Britain, June 17, 2022. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON, July 15 (Reuters) – British Prime Minister Boris Johnson will offer millions of public sector workers pay rises averaging 5% next week, the Financial Times … Read more

Hungary bridge blockade fails to derail small business tax rise

Parliament fast tracks overhaul of favorable tax regime Orban’s party defies protest, criticism of business groups First major show of disquiet since Orban’s re-election BUDAPEST, July 12 (Reuters) – An hours -long blockade of a bridge in Budapest on Tuesday failed to derail the approval of a motion by Hungarian Prime Minister Viktor Orban’s government … Read more

Lebanon telecoms mark-up threatens migrants’ link to jobs and safety

BEIRUT, July 11 (Reuters) – Kenyan cleaner Noel Musanga survived Lebanon’s economic meltdown, waves of COVID -19 and Beirut’s port blast. But when her internet provider announced rates would double, she feared her last lifeline to family and work would snap. The freelance migrant worker already barely earned enough to survive. Now, the higher telecoms … Read more