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Losses stack up for FTC's Khan in US antitrust crackdown
Losses stack up for FTC's Khan in US antitrust crackdown
Business and Economy
by  AFP

FTC chairman Lina Khan is on a mission to embolden US competition enforcers, but a series of court defeats has sowed doubt that she will put an end to decades of Washington's light-touch approach to antitrust regulation. "They are out on the frontier of antitrust," said John Lopatka, from Penn State's School of Law on Khan's fresh approach to enforcing competition policy.

London's new 'super sewer' to end Thames pollution blight
London's new 'super sewer' to end Thames pollution blight
Business and Economy
by  AFP

The door of the steel box lift clanks shut and a crane slowly lowers construction workers building London's "super sewer" 40 metres (130 feet) to the bottom of an enormous vertical shaft. The new 25-kilometre (15-mile) "super sewer", which is 7.2 metres in diameter, snakes from west to east following the curves of the river.

Airlines grapple with rise in turbulent passengers
Airlines grapple with rise in turbulent passengers
Business and Economy
by  AFP

Viral videos of vulgar, intoxicated and violent airplane passengers have become common, but it is not just a social media trend: statistics confirm cases are on the rise. The United States saw a tenfold rise in violent incidents from 2017 to 2021 to 6,000, with the politicisation of mask wearing during the pandemic responsible for many confrontations.

Spain PM fails to get vote boost from economy
Spain PM fails to get vote boost from economy
Business and Economy
by  AFP

Spain's economy is growing steadily and inflation has been tamed -- but Prime Minister Pedro Sanchez is facing an uphill battle to be re-elected in a snap poll next weekend. The premier and his ministers routinely tout statistics that highlight Spain's strong economic performance, yet the ruling Socialists still took a beating in regional and local elections on May 28.

Musk says Twitter has lost half its advertising revenue
Musk says Twitter has lost half its advertising revenue
Business and Economy
by  AFP

Twitter owner Elon Musk said Saturday that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. Twitter is thought to have around 200 million regular users but it has suffered repeated technical failures since Musk bought the platform and sacked thousands of staff.