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Airlines must compensate travellers for international flight disruptions based on the Canadian Transportation Agency’s rules, the Supreme Court of Canada ruled in a landmark decision for air passengers.

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Hungary's prime minister says the European Union risks entering an “economic cold war” with China, and is pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles

defence collaboration, the defence equipment manufacturers are expecting manifold increase in the collaboration and are bullish on Make in India initiative. MBDA, Europe’s leading missile manufacturer is looking to set up unit in India. Head of Naval systems in MBDA missile Systems, Stefano Bertuzzi told ET, " We are planning to have a unit in India in next three to four years. " Naval Group India is the first subsidiary of any Original Equipment Manufacturer (OEM) platform designer to establish it physical presence at Karwar.

Dutch airline KLM has announced a “painful” round of cost-cutting and other measures

60 billion euro belt-tightening drive next year to hit new fiscal targets, officials said on Wednesday, outlining an unprecedented push to rein in France's spiralling deficit. Prime Minister Michel Barnier told lawmakers on Tuesday he would reduce the budget deficit — which is set to reach 6.1% of GDP this year — to 5% by the end of 2025 but would have to push back the target date for reaching the euro zone's common 3% deficit goal to 2029 from 2027. Three government officials involved in preparing the 2025 budget said the 60 billion euro ($66 billion) squeeze — equivalent to roughly 2% of GDP — was needed to correct the deficit from where it would otherwise have been if nothing had been done.

NASCAR is facing a federal antitrust lawsuit from two of its teams, including one co-owned by Michael Jordan

Officials say that France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a historic investment for the South American country

Subscribe to enjoy similar stories. New Delhi: India's apex consumer protection body has pulled up leading foreign and Indian liquor makers over so-called surrogate advertisements, in which liquor brands piggyback non-alcohol products.

Ajit Doval and French armed forces minister Sebastien Lecornu held wide-ranging talks in Paris and focused on enhancing defence ties, including a deal for Rafale Marines and submarines. Sources told ET that Doval and his French interlocutors discussed advancing defence industry partnership, with focus on Make in India besides civil nuclear ties. «On his visit to France, India's National Security Adviser, Shri Ajit Doval, engaged in extensive discussions with French armed forces minister, Mr Sebastien Lecornu,» the Indian embassy in France said in a post on X on Tuesday.

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You could almost hear the collective sigh of relief when inflation hit the Bank of Canada‘s 2 per cent target — after all we’d been waiting three years.

In his inaugural address to parliament, the new French Prime Minister Michel Barnier has warned that “colossal” and spiraling debts are a “sword of Damocles” hanging over the country’s finances

World shares are mixed, with Japan's Nikkei 225 index regaining some of its sharp losses from a day earlier

Baillie Gifford's flagship product, SMT, made a name of itself by being an early investor into some of the biggest drivers of market returns today, including Amazon, Tesla and SpaceX, to name a few. But managers Tom Slater and Lawrence Burns said in their latest ‘Perspectives on Progress' newsletter that «exceptional growth is not just the preserve of newer companies», and classed Hermès in this bracket. Scottish Mortgage carries out more than double its five-year share buyback average in 2024 A French luxury design house and manufacturer established in 1837, Hermès is renowned for...

Subscribe to enjoy similar stories. PARIS : Marine Le Pen and dozens of other members of National Rally stand trial on Monday on charges of misusing European funds, a case that risks disrupting the French politician’s efforts to carry her far-right party into the political mainstream. French prosecutors allege Le Pen and other National Rally leaders used close to 7 million euros—or around $7.8 million earmarked for assistants working inside the Strasbourg-based European Parliament—to pay party staffers in other parts of France between 2004 and 2017.

Antoine Griezmann, a key player for France over the past decade, announced on Monday that he is ending his international career with the French national team. The 33-year-old forward from Atletico Madrid, known as «Grizou» by fans, has played 137 matches for France and scored 44 goals in his 10-year career with the team.

Subscribe to enjoy similar stories. If Ukraine and its Western backers are to win, they must first have the courage to admit that they are losing. In the past two years Russia and Ukraine have fought a costly war of attrition.

Stop-and-start negotiations between Israel and Hamas to end the fighting in the Gaza Strip, pushed by the United States, have repeatedly been described by the Biden administration as on the verge of a breakthrough, only to fail. The current Western-led attempt to avert a full-scale Israeli-Hezbollah war in Lebanon amounts to a scramble to avert disaster. Its chances of success seem deeply uncertain after the Israeli killing of Hassan Nasrallah, the longtime leader of Hezbollah, on Friday. «There's more capability in more hands in a world where centrifugal forces are far stronger than centralizing ones,» said Richard Haass, the president emeritus of the Council on Foreign Relations. «The Middle East is the primary case study of this dangerous fragmentation.»

Stellantis, an automotive colossus that owns more than a dozen brands including Chrysler, Fiat, Jeep, Peugeot and Ram, is facing challenges at seemingly every turn. The company's sales and profit have been plummeting. Dealers stuck with parking lots filled with unsold cars are publicly criticizing Stellantis and its CEO in unusually harsh terms. Stellantis' stock price has fallen almost 50% from its high point in March. And the union that represents its U.S. factory workers is threatening to go on strike at several plants. United Automobile Workers locals are expected to vote in the coming days to authorize strikes against several Stellantis factories, protesting what they say are broken promises by the automaker.

Policy push by various countries and stricter emission norms are fuelling electric vehicle sales every year across key global markets, shows data from the International Energy Agency. However, penetration of hybrids (including strong hybrids and plug-in hybrids), driven purely by consumer choice, are climbing up at a faster pace. Since 2021, hybrid vehicle sales have been rising steadily in China, Japan, Korea, UK, France, and US, underscoring growing consumer preference for this technology, shows data collated by Nomura Research Institute. China leads the trend with a nearly fourfold surge in hybrid penetration levels to 19.9% in the first half of 2024 from 5.3% in 2021. Korea too has seen a big jump — to 25.2% from 11.8% in the same period. Other markets have shown a similar growth trajectory.