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“We see the plan as another step towards our proposals for a more pedestrian-friendly city and supportive of the 15-minute city model,” he said. It found that funding was six to eight times higher for companies in the US than in the EU, in the latest example of how European tech firms are hampered compared to their global peers.
09.50 - Ryanair calls on government to raise airport funding cap Ryanair has called on the government to immediately raise the funding cap for regional airports from its existing one million passengers to two million. The current cap was blocking tourism, jobs and economic growth at Ireland’s regional airport, it said, with Eddie Wilson, Ryanair chief executive, calling the cap “astounding”.
Fires were set off at several rail-line nodes, with people seen fleeing the sites in vans, Jean-Pierre Farandou, the head of the national rail company SNCF, said on BFM TV, adding that the company will have to repair its network cable by cable. 08.30 - Ether declines as risk aversion spreads to crypto Ether, the second-largest token, paced a drop in digital assets following a slump in equities that spread unease in global markets.
07.55 - Aer Lingus docks pay in wake of industrial action Aer Lingus has docked pilots’ pay in the wake of disruptive industrial action from members of Ialpa, which led to the cancellation of more than 600 flights. They also had high levels of positivity about the general outlook for the economy and unemployment figures, leading to a higher inclination to spend on large purchases like holidays.07.30 - Mercedes Benz earnings sink by nearly a fifth Mercedes-Benz earnings plummeted 19 per cent in the second quarter as sales of its passenger electric vehicles dropped sharply and demand in China weakened. Group earnings before interest and tax fell to €4.04 billion.
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