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Volkswagen shares jump on 2023 optimism
Volkswagen shares jump on 2023 optimism
Business and Economy
by  AFP

German auto giant Volkswagen on Friday unveiled an optimistic forecast for 2023 on expectations that global supply chain woes will ease, sending its shares soaring. "We expect the supply chain bottlenecks to gradually ease in the current year, allowing us to service the high order backlog," said chief financial officer Arno Antlitz.

Airlines sue Dutch over Schiphol airport flight cuts
Airlines sue Dutch over Schiphol airport flight cuts
Business and Economy
by  AFP

Top airlines including KLM, Delta and EasyJet said Friday they are taking the Dutch government to court over plans to limit flights at Amsterdam's Schiphol Airport for environmental reasons. US-based Delta said it "strongly objected" to the Schiphol limits while Britain's EasyJet branded the Dutch government move "arbitrary".

France's Macron pushes economic ties in Angola
France's Macron pushes economic ties in Angola
Business and Economy
by  AFP

French President Emmanuel Macron on Friday pursued his African tour aimed at renewing frayed ties, inking an economic accord with Angola. - Anti-French sentiment - He arrived in Luanda late Thursday from Gabon, and is due in Brazzaville later Friday before winding up his tour in Kinshasa, capital of the Democratic Republic of Congo.

Spanish PM slams Ferrovial's planned Dutch move
Spanish PM slams Ferrovial's planned Dutch move
Business and Economy
by  AFP

Spain's prime minister denounced Friday a plan by construction giant Ferrovial to move its headquarters to the Netherlands, accusing it of not wanting to pay its fair share of taxes. But the Spanish government accuses Ferrovial of seeking to benefit from lower Dutch taxes on corporate income and dividends.