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Russian aviation sector faces strong headwinds
Russian aviation sector faces strong headwinds
Economy
by  AFP

Russia's aviation industry is facing heavy turbulence, as concerns for passenger safety mount in the face of poor maintenance, a lack of spare parts and regular breakdowns. Almost two years into the Ukraine conflict, Kyiv has revelled in the turbulence facing the Russian industry as a result of sanctions.

Toyota hikes annual forecast as first-half net profit doubles
Toyota hikes annual forecast as first-half net profit doubles
Economy
by  AFP

Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year. For the six months to September, Toyota said net profit more than doubled to 2.59 trillion yen on sales of 21.98 trillion yen, which were up almost a quarter on the previous year.

Europe's economic powerhouse tests a shorter working week
Europe's economic powerhouse tests a shorter working week
Economy
by  AFP

Maximilian Hermann's weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps. Among the pioneers of the four-day week is Hermann's employer KlimaShop, a purveyor of heat pumps and air-conditioning systems based near Augsburg in southern Germany.