BERLIN — Lufthansa does not expect its global airline operations to return to normal until 2023 after staff shortages and booming demand amid the lifting of COVID-19 restrictions forced it to cancel some flights, Die Welt newspaper reported on Saturday. Read More
KYIV — Ukrainian forces have been ordered to withdraw from the key battleground city of Sievierodonetsk after weeks of fierce street fighting, in order to limit more casualties and regroup, but the move will be seen by Russia as a significant victory. Read More
SHANGHAI — Beijing’s education commission said on Saturday all primary and secondary school students in the capital can to return to in-person classes from Monday, as COVID-19 cases have receded in recent days. Read More
SHANGHAI/HONG KONG — Chinese President Xi Jinping will visit Hong Kong for the 25th anniversary of the city’s handover to mainland China, state news agency Xinhua reported on Saturday. Read More
Chicago wheat futures on Friday hit their lowest in nearly four months and headed to a second consecutive weekly slump, dragged down by growing concerns over a global economic downturn, while an improved outlook for U.S. crops also added pressure. Read More
Shares of Toyota Motor Corp and Subaru Corp dropped on Friday after the two Japanese car makers announced recalls of their first mass-produced electric vehicles (EV) for the global market because of a risk the wheels could come loose. Read More
SHANGHAI — China’s central bank on Friday increased the injection of liquidity into the banking system through open market operations, as demand for cash for the end of the first half of the year started to pick up. Read More
BEIJING/HONG KONG — Asian shares wobbled while commodity prices fell on Thursday as mounting worries about the risks of a global recession amid aggressive rate hikes by the Federal Reserve kept broad investor sentiment fragile. Read More