Basic fare passengers flying within North America, and to sun destinations, will have to check-in duffel bags and large backpacks for a fee. Former Air Canada Chief Operating Officer, Duncan Dee, says this might not be a bad thing.
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Oil refiners in India are reaching for all available options in the rush to make up for Russian flows hit by Washington’s latest round of sanctions, turning to the spot market while simultaneously seeking more long-term supplies from Middle Eastern producers.State-owned processors have issued a slew of spot tenders in recent weeks, snapping up
Tesla did not provide a reason for the price increase. The company does not produce cars in Canada and imports from other factories. It was not immediately clear how many cars Tesla exports to Canada from its Shanghai, China factory and its plants in the United States.
Three of China's biggest car companies and an industry body are suing the European Commission over its tariffs on electric vehicle imports. Filings lodged at the General Court in Luxembourg, the European Union's second highest court, show BYD, Geely and SAIC have all launched cases against the anti-subsidy duties imposed on Chinese-made EVs last year. Few details have been made public, but it is understood that the companies are ready to challenge the assertion that certain funds constitute subs
As Washington steels itself for a battle with China over critical minerals and Brussels struggles to beat back a flood of Chinese electric vehicles, Saudi Arabia has offered to help Beijing ride out its growing trade disputes. Bandar Alkhorayef, Saudi minister of industry and mineral resources, said his country welcomed Chinese products and investments - and urged Chinese investors "not to miss the opportunities" to access the largest economy in the Middle East. "We would like to see investments
Warren Buffett, the legendary investor known as the "Oracle of Omaha," continues to make waves in the financial world even as he approaches his mid-90s. His company, Berkshire Hathaway, has been a...
Tencent Holdings-owned WeChat, the super app known as Weixin in China, is burnishing its e-commerce credentials on the mainland, thanks to a gift-giving feature that has boosted sales for online retailers on the platform, according to local media reports and industry analysts. Chinese live-streaming e-commerce firm East Buy saw sales at its online store on WeChat cross the 1 million yuan (US$136,586) mark on Monday, with more than 80 per cent of transactions made through the app's gift-giving fe
The Newfoundland and Labrador government is asking a judge to put a lawsuit alleging "malicious prosecution" and a "negligent" criminal investigation on hold — at least for now.Last year, after his acquittal on charges of sexual assault and sexual interference, Conception Bay South lawyer Robert Regular filed the civil suit, which seeks a long list of damages.The defendants include the police officer who led the investigation into him, the Crown prosecutors who handled his case, the Royal Newfou
India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show. The National Human Rights Commission (NHRC) in June ordered federal and Tamil Nadu state officials to probe Foxconn's hiring practices, after a Reuters investigation found the manufacturer excluded married women from iPhone assembly jobs at its southern India plant.
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial intelligence (AI) app, as the tech giant accelerates AI development despite US export restrictions on advanced chips. The Beijing-based company introduced its closed-source multimodal model Doubao 1.5 Pro on Wednesday, emphasising a "resource-efficient" training approach that it said does not sacrifice performance. "The model adopted an integrated train-inference design from the pre
Honor, the spin-off handset brand from Huawei Technologies, implemented further management changes this week after last Friday's abrupt departure of its CEO, as the company prepares for a public listing amid cutthroat competition in the world's largest smartphone market. Following the appointment of Huawei veteran Li Jian last Friday to replace outgoing CEO George Zhao Ming, Honor's management shake-up continued as its chief marketing officer (CMO) for the China region, Jiang Hairong, also tende
Blake Lively and Ryan Reynolds are seeking a gag order to prevent Justin Baldoni's attorney from talking to the press.
Meta Platforms' former chief operating officer, Sheryl Sandberg, was sanctioned by a judge on Tuesday for deleting emails related to litigation over Facebook's Cambridge Analytica privacy scandal, despite being told to preserve the messages. The judge, Vice Chancellor Travis Laster, of Delaware Chancery Court, said evidence showed Sandberg used a personal account under a pseudonym and erased messages that were likely relevant to the shareholder lawsuit.
As global markets navigate the complexities of cooling inflation and strong bank earnings, major U.S. stock indexes have experienced a notable rebound, with value stocks outperforming growth shares significantly. This environment of shifting economic indicators and sector performances highlights the importance of identifying stocks that may be priced below their estimated value, offering potential opportunities for investors seeking to capitalize on market inefficiencies.
If you've spent years saving for retirement, you probably have no plans to go through all your savings. But unfortunately, it can happen if you're not careful. For You: 4 Things You'll Be Happy You...
In a lawsuit filed in California last month, the former legal consultant claims the company fired him for not returning to the office, disregarding his disability.
A looming critical metal shortage could threaten the electric vehicle revolution, but one promising Canadian miner is poised to tackle the crisis head-on.
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.
A trade official from the Philippines has expressed openness to more cooperation with China even as the two countries appear perpetually at odds over a number of tense geopolitical issues - not least of which a heated sovereignty dispute in the South China Sea. In contrast to some Southeast Asian countries - who are shying away from transit shipments of Chinese goods to the US for fear of tariff retribution from its recently inaugurated president, Donald Trump - the Philippines remains amenable
EDMONTON — Alberta Premier Danielle Smith says the province had taxpayers in mind when it decided to lift a ban on new coal exploration and development on the eastern slopes of the Rocky Mountains.
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
