Airline travellers face disruption after Airbus warns A320 jets need software fix

Swiss voters have decisively rejected a proposed 50% inheritance tax aimed at the super-rich, with estimates indicating that 79% voted against the measure in a recent referendum. This outcome reflects a strong opposition to wealth redistribution policies among the electorate.

OpenAI, the company behind ChatGPT, is facing increasing pressure as competitors begin to close the gap in the artificial intelligence market, raising concerns about its future dominance. The company, valued at $500 billion, has yet to achieve profitability, which is further compounded by its partners carrying significant debt.

The Financial Times explores the evolution of clocks from mere tools for measuring time to instruments that dictate the pace of modern life, particularly within capitalist societies. This transformation highlights how the measurement of time has become intertwined with economic productivity and personal wealth.

China's services activity has reached a three-year low, with data from the national statistics agency indicating a persistent decline in demand across the economy. Concurrently, factory activity continues to contract, reflecting ongoing challenges in both sectors.

Airbus has announced a major recall affecting approximately 6,000 A320 jets due to a critical software vulnerability that could be compromised by intense solar radiation. This decision follows a recent incident involving a Jetblue aircraft that raised safety concerns regarding flight control data integrity.

A recent analysis revealed that a software issue may have contributed to a sudden altitude drop experienced by a JetBlue aircraft last month. This incident has prompted Airbus to issue a warning regarding its A320 fleet, highlighting the need for urgent software fixes to prevent similar occurrences.

President Donald Trump announced the closure of Venezuelan airspace, coinciding with a significant increase in U.S. military presence near the country. This decision is part of a broader strategy aimed at combating drug cartels and supporting efforts to remove President Nicolás Maduro from power.

Airbus has grounded approximately 6,000 A320-family aircraft after discovering a critical software vulnerability that could be compromised by intense solar radiation, which raised safety concerns following an incident involving a Jetblue aircraft. This grounding has significantly disrupted flight operations worldwide.