Category: Business briefing

1. House Passes Bipartisan Deal to Raise Debt Limit, Sending it to SenateThe House of Representatives successfully passed a bipartisan agreement on Wednesday to increase the debt ceiling, averting a potential default that could have had severe consequences for the economy. The bill now moves to the Senate, where it faces further challenges before the June 5 deadline, when the Treasury Department predicts a shortage of funds to meet financial obligations. Some conservative members of…

The Air France-KLM group has emerged from the negative ground it has fallen into since the start of the pandemic and made a profit of 728 million euros thanks in particular to an increase in activity and cost containment, it was announced today. “We closed the year with a positive net result, a sign that we have turned the page on covid-19 and look to the future with confidence in our ability to meet future…