Latest news with #Kuehne
Straits Times
4 days ago
- Health
- Straits Times
International Planned Parenthood condemns plan to burn US-funded contraceptives
FILE PHOTO: A view of a warehouse of Kuehne+Nagel, which houses U.S.-funded contraceptives worth nearly $10 million, after the U.S. State Department confirmed that the stocks would be sent to France to be destroyed, in Geel, Belgium July 24, 2025. REUTERS/Marta Fiorin/File Photo BRUSSELS - The International Planned Parenthood Federation (IPPF) on Friday condemned a plan to incinerate U.S.-funded contraceptives worth nearly $10 million in France, a move reported by Reuters earlier this week. The supplies, including contraceptive implants and pills, have been sitting for months in a warehouse in Geel, a city in Belgium's Antwerp province, after President Donald Trump froze U.S. foreign aid in January. They are now being sent to France for destruction. IPPF called on the French, Belgian and U.S. governments to find a way to save the contraceptives, and on the French company that would be responsible for the destruction "to reconsider its role". "This is an intentional act of reproductive coercion," it said in a statement. Washington has previously said it did not want any USAID-branded supplies, like the ones in Belgium, to be rerouted elsewhere. A source with knowledge of the issue told Reuters that the Trump administration was acting in accordance with the Mexico City policy, an anti-abortion pact in which Trump reinstated U.S. participation in January. The State Department also told Reuters that related concerns about the end-destination of the contraceptives were factors in the decision. Top stories Swipe. Select. Stay informed. Singapore SMRT to pay lower fine of $2.4m for EWL disruption; must invest at least $600k to boost reliability Singapore MRT service changes needed to modify 3 East-West Line stations on Changi Airport stretch: LTA Singapore S'pore could have nuclear energy 'within a few years', if it decides on it: UN nuclear watchdog chief Life 'Do you kill children?': Even before independence, S'pore has always loved its over-the-top campaigns Singapore Lung damage, poor brain development, addiction: What vaping does to the body Singapore Career setbacks among challenges raised by those seeking fertility help in S'pore: Survey Singapore Fine for couple whose catering companies owed $432,000 in salaries to 103 employees Singapore Kopi, care and conversation: How this 20-year-old helps improve the well-being of the elderly The IPPF said it had offered to collect the products, transport and repack them and to distribute the products onwards to women in need across the globe - "all at no cost to the US government" - but that the offer was rejected by the U.S. government. REUTERS
Yahoo
16-05-2025
- Business
- Yahoo
Lufthansa management should be tougher with unions, says top investor Kuehne
BERLIN (Reuters) -Lufthansa's management should be more vigorous in fending off resistance from labour representatives, top investor Klaus-Michael Kuehne was quoted as saying on Saturday, pointing to the airline group's share price. Lufthansa is counting on lucrative transatlantic routes as it strives to revive its namesake core airline, bogged down by wage talks and high pay, and find new sources of revenue as it struggles to compete with Asian carriers. Shares in the group, which includes brands like Swiss, Austrian and more recently Italy's ITA, have gained around 6% year-to-date, roughly in line with its peer Air France-KLM but lagging well behind British Airways parent IAG. Kuehne told the Welt am Sonntag weekly newspaper that the German group had structural problems, adding that resistance from the works council and walkouts made management's work difficult. "Whether the executive board takes sufficient action remains to be seen. In my opinion, more could be done," said the 87-year-old billionaire investor, whose company Kuehne Aviation is Lufthansa's biggest shareholder with around a 15% stake. He also owns stakes in Swiss logistics group Kuehne + Nagel and German chemicals trader Brenntag. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Lufthansa management should be tougher with unions, says top investor Kuehne
BERLIN (Reuters) -Lufthansa's management should be more vigorous in fending off resistance from labour representatives, top investor Klaus-Michael Kuehne was quoted as saying on Saturday, pointing to the airline group's share price. Lufthansa is counting on lucrative transatlantic routes as it strives to revive its namesake core airline, bogged down by wage talks and high pay, and find new sources of revenue as it struggles to compete with Asian carriers. Shares in the group, which includes brands like Swiss, Austrian and more recently Italy's ITA, have gained around 6% year-to-date, roughly in line with its peer Air France-KLM but lagging well behind British Airways parent IAG. Kuehne told the Welt am Sonntag weekly newspaper that the German group had structural problems, adding that resistance from the works council and walkouts made management's work difficult. "Whether the executive board takes sufficient action remains to be seen. In my opinion, more could be done," said the 87-year-old billionaire investor, whose company Kuehne Aviation is Lufthansa's biggest shareholder with around a 15% stake. He also owns stakes in Swiss logistics group Kuehne + Nagel and German chemicals trader Brenntag. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
