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Ryanair scraps printed boarding passes to go fully digital
Posted onMichael Sheils McNameeBusiness reporter Getty Images Passengers who present printed boarding passes at airports will no longer be accepted to fly with Ryanair, the company has announced. One of Europe’s biggest budget airlines said it was “moving to 100% digital boarding passes” from Wednesday in a bid to speed up travel and lower costs. It…
IMF warns of trade tension risk to global growth
Posted onJemma Crewand Nick Edser,Business reporters Getty Images Trade tensions and a reversal in the artificial intelligence (AI) boom are among the main risks to global economic growth, the International Monetary Fund (IMF) has warned. Its comments came in its latest world economic outlook, where it described the global economy as “steady”, with growth expected to…
Faisal Islam: Iran war pause is welcome but the economic scars will last
Posted onMany countries are also dependent on these waters for significant supplies of other petrochemical products, made at the refineries in the region. These include jet fuel, diesel, fertiliser ingredients and industrial products such as helium, essential for microchip manufacture.
Bitcoin worth $14bn seized in US-UK crackdown on alleged scammers
Posted onLauren Turner and Osmond Chia Reuters The US government has seized more than $14bn (£10.5bn) in bitcoin and charged the founder of a Cambodian business empire, Prince Group, with allegedly masterminding a massive cryptocurrency scam. UK and Cambodian national Chen Zhi was charged on Tuesday in New York for allegedly engaging in a wire-fraud conspiracy…
Cloudflare apologises for outage which took down X and ChatGPT
Posted onA number of high-profile websites, including X and ChatGPT, went down for many on Tuesday, due to problems affecting major internet infrastructure firm, Cloudflare. Thousands of users began reporting issues with the sites, as well as other services, to outage monitoring site Downdetector shortly after 11:30 GMT. Cloudflare said th “significant outage” occurred after a…
