Latest News
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Kenya Airport Staff Strike delays Thousands of Passengers
The go-slow strikes by airport workers continued on Monday, affecting thousands of travellers. The main union said that negotiations were still ongoing. The Kenya?Aviation Workers' Union said?the striking at the Jomo?Kenyatta?International Airport is due to a variety of grievances. These include the inability of concluding a collective bargaining with the Kenya Civil Aviation Authority, and the lack of cooperation by the Kenya Airports Authority and Kenya Airways subsidiary Jambojet. KAA said on Sunday that some flights had experienced delays, without disclosing the reasons. On 'Monday, it did not reply to a comment request. Kenya Civil Aviation Authority (KCAA) and Jambojet have not responded to requests for comments. RwandAir, Rwanda's national carrier, announced in an X-post on Sunday that two flights had been cancelled due to?what they called air traffic control problems at the Nairobi airport. Passengers said they had waited?hours for information about their flight. "When I arrived, the flight had been delayed until 1 a.m. It was an hour-and-a-half delay and another delay until 4:30 a.m. I then went to check in at around 3 o'clock. The rabbi Mendel, who was travelling to Florida for a wedding, said that they?told him the flight had been cancelled. Goldman told a reporter on Monday that the earliest flight available to them was only for tomorrow night. "We'll have to wait," Goldman said. "We are going to make the most of this, but I have been waiting in the airport for over 12 hours." KAWU Secretary general Moss Ndiema stated that the union and government officials had met on Sunday in order to resolve issues, but they were unable to do so. "We've agreed to continue with the engagements tomorrow at 11 am." "In the meantime, the strike is still going on," he said on KTN Television.
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Eight people are still missing following the north Cyprus ferry accident that killed eight
Divers joined search teams to search deep waters in search of survivors. Nearly 20 people are still missing after a ferry capsized near Northern Cyprus on Monday, killing at least eight. On Sunday, a double-hulled 'ferry' with 267 people aboard sank and flipped on the seabed just off the port of Kyrenia. The survivors were left clinging onto the overturned hull. The coastguard and passing vessels rescued them. Naif Ezer was one of the anxiously waiting outside the port for news about passengers in the early morning hours on Monday. One of the three friends who were traveling to see their families had been located, but two others were still missing. While some waited, they silently wept while others scrolled their mobile phones to check for updates. The vessel was lying at a greater depth than 500 meters (1,640 feet) on the seabed. Officials said that divers from Turkey assisted in the search. Officials gave varying estimates on the number of missing people, some stating 19 and others 18 The ferry ran into trouble soon after leaving Kyrenia to reach the Turkish port Tasucu, in Mersin Province. This is one of many daily sea shuttle connections with Turkey. Separate reports said that the wide-bodied ship slammed violently onto the sea surface, with a part of its bow bursting open upon impact. Authorities have detained and questioned the captain of the ship, as well as the crew.
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InPost barely beats forecasts for the second quarter but reduces guidance
InPost, the parcel?locker firm, which is?subject to a takeover offer?by FedEx and Advent International led consortium, has narrowly beaten market expectations in terms of core earnings for second quarter but reduced its 2026 forecast for this metric. It said that the outlook was slashed from a flat core profit to a single-digit percentage decline due to investment costs, an improved pricing environment in InPost's native Poland and ongoing business transformations in Britain & Ireland. Rafal Brzoska, the founder and CEO of the former Yodel company, said in a statement that "the UK is still a work-in-progress". The revamped business aimed to lower?costs for each parcel and improve the use and efficiency of the logistic network. InPost's second-quarter adjusted earnings were 1,04 billion zlotys, or $277.6 millions. The company polled analysts who expected an average of 1.01 billion. The adjusted core profit margin fell by 3.3 percentage points during the quarter, and by 5.7 percentage points for the first half of this year. InPost has been the target of a?takeover bid of EUR7.8billion ($9.0billion) from a group led by FedEx, and private equity firm Advent. The offer was launched in May and has received all regulatory approvals. It will run until September 18. The deal would allow U.S. FedEx, a parcel locker leader in Europe, to expand its reach into Europe.
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Two people killed in missile attack on Russian Belgorod, say authorities; hit Ozon facilities
Alexander Shuvayev, the acting governor of Belgorod in Russia's border region with Ukraine, said that a missile attack had?killed 2 people and injured 16. He said that the deaths on Sunday followed a Ukrainian attack which had also destroyed seven warehouses in the city. Russian online retailer Ozon stated?on Telegram? that a Belgorod logistics hub and sorting facility were also attacked, resulting in a fire. It wasn't immediately clear if Shuvayev & Ozon were referring to the same facilities. A Russian drone attack on Friday caused a detonation of an ammunition depot near the Ukrainian capital, Kyiv. In February 2022, Russia invaded Ukraine. Both sides regularly attack each other's infrastructure including ports, energy and logistical facilities, but deny targeting civilians. Could not independently verify the damage reports. Sberbank is Russia's largest lender. It has approved a restructuring of a total?6.8 billion roubles (79 million dollars) of loans to traders who sell goods through?Ozon or Wildberries, an e-commerce giant which recently attracted?Ukraine terrorism attacks. State news agency TASS reported this, citing a senior bank executive.
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Over the weekend, vessels crossing Strait of Hormuz will drop to five per day.
Shipping data showed that the number of visible cargo vessels transiting the Strait of Hormuz fell to five per day over the weekend as companies remained cautious amid ongoing attacks against ships. Some ships have turned off their automatic identification systems to avoid attacks. Kpler's data shows that weekend traffic was limited to small vessels. The data revealed that two liquefied gas carriers were among the vessels. One of the ships left the Strait via the Iranian route, while the second sailed in the dark and was heading to India. On Friday, fourteen vessels crossed the Strait of Hormuz including a large crude carrier loaded with 2,000,000 barrels Qatari oil. The vessel's?transponder was switched off. United Kingdom Maritime Trade Operations announced on Sunday that a tanker 'was struck by an unidentified projectile on Saturday while transiting 'inbound through 'the Hormuz strait. This was the third incident in the Strait reported by the agency within the last week. The Gulf tensions rose on Sunday after U.S. forces hit two Iranian launchers on Iran's Larak Island in the Strait of Hormuz. This was the first American strike on the Gulf nation known since late July.
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Brazil Budget includes $1.2 billion in capital investment for Correios
The government announced on Sunday that Brazil's budget for next year includes a capital injection of 6 billion reais ($1.2billion) into the state-run Correios postal service as part a a turnaround plan to help the cash-strapped company. According to a statement, the funding will provide Correios "greater stability" to continue negotiations with clients and vendors as it implements its restructuring plans and seeks profitability. The statement was signed by Esther Dweck as Management Minister, Bruno Moretti as Planning Minister, and Frederico Siqueira Filho as Communication Minister. It added that the liquidity support had enabled Correios?to improve its operations and strengthen their debt profile. The budget for 2027 will be submitted to Congress on Monday. Correios announced a?net loss for the second quarter of 2.4 billion reais, down 5.5% from the year before. Luiz inacio Lula da silva, the president who will be seeking reelection this October, recently stated that his government plans to restore Correios rather than privatize it, as Correios has been losing money for several quarters. The company has already completed 12 billions reais of federally guaranteed credit operations. Correios?said that it was also in advanced discussions for a new loan operation worth approximately 7 billion reais. This is also backed by the federal Government. The company said that it was impacted by a number of factors, including a decline in revenue from traditional post services, an increase in 'operating costs', legacy legal liabilities and increased competition within the logistics industry.
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Merz: Germany has finalised its response to the suspected attack in Leipzig
German Chancellor Friedrich Merz stated on Sunday that Berlin was preparing to respond to the suspected 'drone attack' on a Ukrainian freight plane in Leipzig this month, in coordination with its 'European & NATO partners. "We are currently concluding our investigation." In an 'interview with ARD, he stated that there is a broad consensus in the Federal Government about how to respond. We will make it clear in the 'coming days. It wont be long. Germany has not yet officially stated who it believes is behind the suspected attempt to attack at Leipzig/Halle Airport on August 4 when a?explosives -laden drone was found near a Ukrainian Antonov cargo aircraft used for military supplies. Alexander Dobrindt of the Christian Social Union, a conservative minister, described the incident in Leipzig as a "hybrid scenario" and suggested that foreign powers could have been involved. Die Welt, a daily newspaper, reported on Saturday that the government will announce sanctions coordinated with European Union partners and blame Russia for the attack in the next few days. Merz did not comment on who Berlin believed to be responsible, but stated that its response is being coordinated with partners. He said: "It has been agreed on, and a final agreement is expected to be reached within the next few days between the European Union -and our NATO partners." "It's a response from Germany but our allies in the European Union, NATO and other international organizations will not be surprised."
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APK-Inform reports that weekly exports to Ukraine have increased by 28%.
APK-Inform, a consultancy, said that weekly exports of?wheat, corn, and?barley grew by 28% from?August 20 through?August 26 to 240.900 metric tons. The volume was 173,300 tonnes of wheat, 58.900 tons corn, 8,600 tons barley, and other grains. The Ukrainian grain exports have dropped sharply after Russian missile and drone attacks in the Black Sea region of Ukraine. APK-Inform data showed that early in July, when the ports?operated as usual, Ukraine exported approximately 760,000 tonnes?of grain each?week. APK-Inform didn't provide an explanation for the increase in exports last week, but did note that Ukraine increased grain shipments into its ports along the Danube River by 35%. After the closure of Ukraine's seaports it has redirected grain shipments towards ports on the Danube, and its western borders. However, officials and analysts claim that these alternative routes cannot compensate for the loss seaports. The Ukrainian agriculture minister Taras Vysotskyi said that the food exports from Ukraine could 'decrease to around 1.7 million tonnes this month, and are expected to be about 2 million tons by September due to the blocked seaports. Before the blockade, Ukraine exported food cargoes of at least 4,000,000 tons per month.
Drone attack in Voronezh, Russia kills a man and sets warehouses on fire
Alexander Gusev said that a drone attack killed a person and injured two others overnight in the Voronezh region of 'Russia.
Gusev, a Telegram user, said that Russia's air defense units destroyed 15 drones in the area of Voronezh.
"A drone crashed caused fires in two warehouses of a large company. The fire at one warehouse has been contained within an area of 16 square meters. At the other, a fire covering 20,000 square metres is currently being put out. "Emergency Services are on the scene," said?the governor.
He didn't identify the company that was affected.
On?Tuesday?, Russian online retailer Wildberries announced that its logistic?facilities? in the Voronezh?region? had been?evacuated in accordance with safety? requirements.
(source: Reuters)