Category: Semafor

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British Airways launches world’s largest business class sectionBritish Airways launches world’s largest business class section

British Airways announced what it said will be the world’s biggest business class section on its Airbus A380s, underscoring how airlines are racing to adapt to a growing premium sector. Slowing corporate travel, a post-pandemic desire for more space, and younger customers splurging on experiences have shifted airline economics: A ...

DR Congo uncovers $20B in payments to ineligible mining suppliersDR Congo uncovers $20B in payments to ineligible mining suppliers

The News Fourteen major mining companies in DR Congo paid at least $20 billion to ineligible subcontractors between 2020 and 2025, the country’s subcontracting regulator told Semafor, citing recently completed checks. These findings at mining businesses, among them subsidiaries of Swiss commodities giant Glencore, Ivanhoe Mines and Chinese-Congolese joint-venture Sicomines, ...

France insists it will tackle its debt issues amid market skepticismFrance insists it will tackle its debt issues amid market skepticism

French politicians insisted the country would get to grips with its debt issues, but economists — and markets — signaled skepticism. Spreads on French bond yields over German ones have narrowed somewhat, but remain at elevated levels, a result of traders’ worries that French political polarization would hamper efforts to ...