Business from Friday, December 6th, 2024

Archer Aviation has signed an agreement with multiple parties to initiate commercial air taxi operations in Abu Dhabi, it was announced on Friday.

Volkswagen workers will go on extended strikes on Monday, stepping up a bitter dispute with management over layoffs and what would be the first factory closures on German soil for Europe's largest carmaker, a union statement said on Thursday.

Donor countries have pledged a record $100 billion three-year replenishment of the World Bank's fund for the poorest nations, providing a vital lifeline for their struggles against crushing debts, climate disasters, inflation and conflict. 

Global trade is expected to hit a record $33 trillion in 2024, according to the latest report from the United Nations Conference on Trade and Development (UNCTAD).