IndiGo, India's largest airline, is temporarily suspending flights to six international destinations, including Hong Kong and Shanghai, from July 1 to September 30. The decision is driven by softer travel demand and rising operating costs, exacerbated by geopolitical disruptions and high fuel prices affecting the entire Indian aviation sector.
Russian Deputy Foreign Minister Alexander Pankin stated that Moscow observes Washington's plans to increase economic pressure not only on Russia but also on other countries and its partners. He noted that the export, transportation, supply, and sales of Russian products are being obstructed.
Companies listed in mainland China have reached a historic milestone in their global operations. Total overseas revenues hit a record, with electronic and automobile giants such as Foxconn Technology Group and BYD among the top performers. Total overseas revenues of A-share companies approached 12.4 trillion yuan (US$1.8 trillion) last year, accounting for nearly 17 per cent of their total income – both figures representing all-time highs, according to data from state-backed newspaper Securities...
Nike is cutting approximately 1,400 roles across its global operations, with the technology division facing the largest impact. The move is part of a broader 'Win Now' strategy to simplify operations, improve efficiency, and support long-term profitable growth.
