Portugal picks Air France-KLM and Lufthansa to make offers for TAP
Portugal on Thursday asked Air France-KLM and Lufthansa to make binding offers to buy a controlling stake in TAP Air Portugal, as the government seeks to privatise an airline it rescued during the Covid-19 pandemic.
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Maggie Gyllenhaal to lead Venice Film Festival jury
American actress and filmmaker Maggie Gyllenhaal will head up the jury of the Venice Film Festival, organisers said Thursday.
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Nestle sales slump under strong franc but volumes recover
Nestle, the food giant whose brands include Nespresso coffee and Perrier water, saw first-quarter sales figures slump due to the strong value of the Swiss franc and a baby formula recall, but sales volumes overall edged higher.
Read moreOil prices jump, stocks retreat as US-Iran peace talks stall
Oil prices and the dollar jumped Thursday while most equity markets slid as the United States and Iran appeared no closer to resuming peace talks.
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18 injured, five critically, in head-on train crash in Denmark
Two commuter trains collided head-on near the Danish capital early Thursday leaving five critically hurt and 13 others with lesser injuries, officials said.
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Africa faces 86 mn tonne fuel shortfall by 2040: AFC
The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for a 86 million tonne fuel shortfall by 2040, the Africa Finance Corporation (AFC) said Thursday.
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Reggae icon Meta to headline Stereo Africa Festival in Dakar
Rising reggae star Meta Dia will headline this year's Stereo Africa Festival in Dakar celebrating contemporary African music and the sounds of the diaspora.
Read moreIran defies US blockade to claim tolls from Hormuz shipping
Iran has banked the first proceeds from the tolls it is exacting on shipping through the Strait of Hormuz, a senior official said Thursday, as disruption triggered by the US-Israeli war against the Islamic republic continued to batter the world economy.
Read morePentagon denies clearing Hormuz Strait mines will take six months
The Pentagon blasted as cherry picking and false on Thursday a news report saying that the department assessed it could take six months to completely clear the Strait of Hormuz of Iranian-laid mines.
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17 injured, five critically, in head-on train crash in Denmark
Two commuter trains collided head-on near the Danish capital early Thursday leaving five critically hurt and 12 others with lesser injuries, emergency services said.
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