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05 Feb ‘Shocking’: Air Canada CEO blasted over accessibility services at House committee

Posted at 23:44h in Canada

Lawmakers took Air Canada's CEO to task on Monday over "shocking" and "scandalous" failures to accommodate passengers living with disabilities.At a House of Commons committee hearing on services for Canadians with disabilities, chief executive Michael Rousseau faced a barrage of questions over reports of passenger...

05 Feb Manulife will cover specialty drugs filled at any pharmacy following backlash to Loblaw deal

Posted at 17:02h in Canada

Manulife will cover specialty drugs filled at any pharmacy, the insurance company said Monday, backtracking on its decision to only cover drugs filled at Loblaw-owned pharmacies less than a week after the exclusivity deal was announced.The company said in a statement posted on its website that it...

05 Feb Red Sea tensions risk significantly higher inflation, OECD warns

Posted at 15:14h in Europe

Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation, the Organisation for Economic Co-operation and Development said Monday.The Paris-based group estimates that the recent 100% rise in seaborne freight rates could increase import price...

05 Feb Banks prepare for new rules allowing Hong Kong, Macau homebuyers to bypass daily remittance cap when buying property in Greater Bay Area

Posted at 12:30h in Asia

Staff at Hong Kong and mainland banks have been briefed on the new payment remittance rules that were issued by the People’s Bank of China (PBOC) last month, Yue said.“Banks will also need to inform their clients about the new arrangements, which will make it...

05 Feb Huawei reclaims top spot in China’s smartphone sales ranking, its first time back since company was added to US blacklist

Posted at 12:00h in Asia

Huawei Technologies climbed back to the No 1 spot of China’s smartphone market in the initial two weeks of this year, according to a report by research firm Counterpoint, putting more pressure on 2023 industry leader Apple and major mainland rivals...

05 Feb Shares of Italy’s UniCredit jump 10% and hit eight-year high on earnings beat

Posted at 11:34h in Europe

A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022.Bloomberg | Getty ImagesShares of Italian bank UniCredit hit their highest level since 2015 on Monday, after announcing that it would return 8.6 billion euros ($9.2 billion) to investors on the...

05 Feb Bill Gates-backed miner discovers large-scale copper deposit in Zambia

Posted at 11:17h in Europe

A truck makes its way over the Victoria Falls bridge, spanning over the Zambezi River, linking Zambia and Zimbabwe, in Livingstone, Zambia, on Sunday, May 8, 2022.Bloomberg | Bloomberg | Getty ImagesKoBold Metals, a California-based metals exploration company backed by billionaires including Bill Gates and...

05 Feb China strengthens state control on carbon emissions trading, cracks down on data fabrication with new regulation

Posted at 11:00h in Asia

China has tightened regulations governing its national carbon trading market, as it seeks to extend the market mechanism, which has been designed to reduce greenhouse gas emissions, to more sectors of its economy.The State Council, China’s cabinet, released an interim regulation with several provisions for...

05 Feb SFC reminds crypto investors to be wary of unlicensed platforms in final month to apply under Hong Kong scheme

Posted at 11:00h in Asia

With Hong Kong in the final month for cryptocurrency exchanges to apply for a licence from the Securities and Futures Commission (SFC), the regulator has reminded investors of the risks of trading on platforms that have not yet been approved.“The SFC strongly urges investors...

05 Feb Alibaba’s DingTalk, miHoYo’s Honkai: Star Rail among Chinese apps launching on Apple Vision Pro headset

Posted at 10:01h in Asia

DingTalk, the work collaboration platform run by Chinese e-commerce giant Alibaba Group Holding, has launched a native app for Apple’s newly released Vision Pro headset, allowing users to send messages and hold video meetings in a three-dimensional virtual environment.DingTalk is among hundreds of apps and...

Author: admin