London CNN Business — Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even more customers as Europe falls into a recession. The low-cost carrier posted its highest ever half-year profit on Monday, earning €1.37 billion ($1.36 billion) for the six months through September. That beat […]
CNN — Egypt is facing a barrage of criticism over what rights group say is a crackdown on protests and activists, as it prepares to host the COP27 climate summit starting Sunday. Rights groups have accused the Egyptian government of arbitrarily detaining activists after Egyptian dissidents abroad called for protests to be held against President […]
CNN — A group of tourists traveling in the Peruvian Amazon, who were detained on Thursday by an indigenous community demanding government action over an oil spill, will be released Friday, Abel Chiroque, head of the ombudsman office in Loreto, told CNN. “We have been in touch with the leader of the Cuninico community… and […]
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN — The charred remnants of a rocket booster plunged uncontrolled back to Earth Friday morning, an event decried in the West as an irresponsibly risky move by the China National Space Administration. The rocket […]
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — A little over a decade ago, the dominant narrative about the housing market was that Millennials simply weren’t buying. They were either too cheap, lazy, or […]
Hong Kong/London CNN Business — German Chancellor Olaf Scholz will arrive in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. In a whirlwind one-day visit, Scholz is expected to meet with Chinese leader Xi Jinping and Premier Li Keqiang in Beijing. […]
New York CNN Business — Wayfair lost more than a million customers during its latest quarter as shoppers turn away from new furniture and home decorations. The e-commerce retailer said its active customer count dropped 22.6% during the quarter ending September 30 compared to the same time last year. The company’s sales also declined 9% […]
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN — When the Hunga Tonga-Hunga Ha’apai volcano erupted underwater in January, it created a plume of ash and water that broke through the third layer of Earth’s atmosphere. It was the highest-recorded volcanic plume […]
London CNN Business — Commodities giant Glencore (GLCNF) has been ordered to pay a record £281 million ($314 million) penalty by a UK court for bribing officials across Africa to gain access to oil. The UK government’s Serious Fraud Office (SFO), which brought the case against Glencore Energy UK, said on Thursday that the penalty […]
CNN — At 87 years old, Sylvia Earle has no retirement plans. The celebrated oceanographer, who holds the world record for deepest untethered walk along the seafloor, has spent more than seven decades exploring the ocean. As one of world’s most outspoken advocates for protecting it, she’s not ready to stop yet. “I’m still breathing, […]