Some of the September openings are located near major universities, according to the company.
Day: August 29, 2025
“Looks like you’ll have to get 4 of everything,” one user said. Another added: “The one on the left stands on business.”
Paul Dunleavy, 89, who had been convicted of 72 offences involving 18 victims, died on August 26th.
The star singer and her husband-to-be, Travis Kelce, attended an American football college game in Kansas City.
The Price Tag singer apologised to fans but said ‘I know this is the right decision to make’.
Curtis Windom, 59, who was convicted of killing his girlfriend, her mother, and a man he claimed owed him $2,000, was executed Thursday.
Brussels Airlines Expands Fleet with New Airbus A320neo Aircraft
Brussels Airlines has announced plans to add five new Airbus A320neo aircraft to its fleet, bringing the total number of this model to thirteen, reports 24brussels.
The carrier received its first A320neo at the end of 2023 and currently operates five of these aircraft, with three more scheduled to arrive in the coming months. The additional five aircraft are set for delivery starting in 2027, contingent on approval from the airline’s board of directors.
Engineered for short- and medium-haul routes, the A320neo boasts enhanced efficiency compared to its predecessors. These aircraft emit lower CO₂ levels, produce less noise, and offer passengers greater cabin storage space. Four of the new orders will replace older models, while one will expand the overall fleet. “This significant investment reflects Brussels Airlines’ ambition to reduce its ecological footprint, enhance passenger comfort, and pursue sustainable growth,” the company stated.
The airline is also preparing to grow its long-haul fleet of Airbus A330s to include thirteen aircraft while updating cabin facilities across its intercontinental network from 2027. Furthermore, at Brussels Airport, its flagship lounge, THE LOFT, is slated for a comprehensive renovation.
Successful Summer Season
This announcement comes on the heels of a successful summer for Brussels Airlines. During the holiday season, the airline transported nearly two million passengers across just under 13,000 flights, marking a 12 percent increase compared to the previous year. The peak week from July 21 to 27 saw 235,000 passengers travel via 1,500 flights, significantly boosted by the Tomorrowland festival.
Top destinations included Málaga, Barcelona, Geneva, Lisbon, and Porto. Although there was a drop in punctuality attributed to strikes by air traffic controllers in France and Italy, Brussels Airlines reported improvements in check-in and baggage drop-off times at Brussels Airport, with record numbers of passengers utilizing automated systems.
EU Proposes Tariff Cuts to Strengthen Trade Relations with the US
The European Commission has initiated two key proposals aimed at advancing the implementation of the EU-US Joint Statement. These measures, as noted by the EU, are intended to enhance stability and predictability in EU-US trade and investment relations, “to the benefit of business, workers and citizens on both sides of the Atlantic,” reports 24brussels.
The first proposal seeks to eliminate tariffs on US industrial goods while granting preferential market access for various US seafood and non-sensitive agricultural products.
Additionally, the second proposal aims to extend the duty-free treatment of lobster, now including processed varieties. The Commission confirmed on Thursday its commitment to continue negotiations with the US to reduce tariffs further, particularly within the framework of a future EU-US Agreement on Reciprocal, Fair, and Balanced Trade.
These legislative proposals are crucial steps toward executing the EU’s tariff reductions outlined in the recent EU-US Joint Statement. The European Parliament and Council must approve these proposals under the ordinary legislative process before the tariff cuts can take effect.
The Commission anticipates that the US will implement the previously agreed 15% US tariff ceiling on EU cars and car parts. This reduction from 27.5% to 15% is projected to become effective from 1 August 2025, coinciding with the introduction of the EU’s legislative proposals. This adjustment is expected to save car manufacturers over €500 million in duties for exports within just one month.
Furthermore, the US has committed to maintaining zero or near-zero tariffs on specific product categories, with the most-favored nation (MFN) tariff applying. This arrangement will commence on 1 September and includes categories such as unavailable natural resources, aircraft and aircraft parts, generic pharmaceuticals, and their ingredients. Both parties have expressed a willingness to expand this list of products.
On 21 August, the EU and the US released a statement concerning transatlantic trade and investment. This Joint Statement reinforces the political agreement established between President Ursula von der Leyen and President Donald Trump on 27 July.
The EU’s legislative proposal encompasses all commitments made under Section 1 of the EU-US Joint Statement, underscoring a mutual determination to restore stability and predictability in trade and investment relations.
The transatlantic partnership serves as a vital component of global commerce, representing the most significant bilateral trade and investment relationship worldwide. EU-US trade in goods and services has doubled over the past decade, surpassing €1.6 trillion in 2024, with €867 billion in goods and €817 billion in services. This amounts to over €4.2 billion of goods and services being exchanged across the Atlantic daily.
This “deep and comprehensive” partnership is further supported by mutual investment. In 2022, EU and US companies invested €5.3 trillion in each other’s markets.
Cheng Xin/Getty Images
- China’s tech rebound is hit by a fierce food delivery price war among Alibaba, JD.com, and Meituan.
- Consumers got rock-bottom prices, but bargains are fading as corporate profits come under pressure.
- Chinese regulators have summoned the trio to demand an end to the excessive competition.
China’s tech rebound, sparked by AI buzz around DeepSeek earlier this year, has been interrupted by a bruising food delivery war that hammered the shares of Alibaba, JD.com, and Meituan — three of the country’s biggest e-commerce players.
The intense rivalry among the three tech giants has showered Chinese consumers with dirt-cheap indulgences — bubble tea and lattes for as little as 1 Chinese yuan, or $0.14, and meals dropped at their door in under 30 minutes.
It’s not just food. As growth in China’s traditional e-commerce slows, companies are racing into the new fast-delivery segment.
“It can be flowers, it can be medications, it can be toiletries,” Jason Yu, the managing director for Greater China at consumer insights company Kantar Worldpanel, told Business Insider.
But the golden age of cheap convenience is nearing an end, thanks to a race-to-the-bottom price war that’s even drawn the government’s attention.
An expensive battle
Behind the consumer bonanza lies a costly fight.
JD.com’s official push into food delivery in February triggered the latest escalation, forcing Meituan and Alibaba to respond with deeper subsidies.
The three platforms have poured big money into discounts, eroding profits and rattling investors.
On Thursday, Meituan — which controls about half of China’s food delivery market — warned of losses this quarter due to “irrational competition,” sending its shares plunging as much as 13% in one day. The stock is down 33% so far this year.
JD.com reported earlier this month that its net profit had halved for the quarter ending June. The company’s stock is down 12.3% this year.
Alibaba is posting its fiscal first-quarter earnings later on Friday, but the rivalry has also affected its share price. The New York-listed stock is down about 20% from a March peak, though it is still up 41% this year to date.
The price war may have benefited consumers, but it has also drawn scrutiny from Beijing. Regulators are cracking down on excessive competition as the world’s second-largest economy battles a yearslong property crisis and deflation.
In May and June, China’s top market regulator summoned Alibaba, Meituan, and JD.com to demand an end to “disorderly competition.” In response, the trio pledged restraint.
End of an era
Consumers may now be facing the end of an era, as one-yuan coffees and near-free meals give way to more realistic delivery costs.
“The low prices will not persist as the business model is fundamentally unsustainable, with companies burning billions in losses,” said MingYii Lai, a strategy consultant at Daxue Consulting.
“Both financially and also politically, I don’t think it’s in their interest to continue that aggressive subsidy war,” said Kantar Worldpanel’s Yu.
Now, the most extreme promotions — like near-free burgers or tea — have started to fade, though weekend discounts remain common, Yu said.
Yu said subsidies are likely to vanish within the next year or two, as platforms count on consumer behavior becoming entrenched.
“Once the consumer’s habit is there, then actually all these subsidies will be withdrawn, and then consumers will have to pay a fair price for delivery,” he said.
Read the original article on Business Insider