Benelux

The following are the top stories in the Financial Times. Reuters has actually not verified these stories and does not vouch for their precision. Headlines - Telegram's Pavel Durov criticises French authorities' ' misguided method' over his arrest - Court puts block on sale of Raiffeisen bank's Russian arm - Unilever concurs sale of Russia company to Arnest - Thames Water financial institutions analyze money injection to avoid nationalisation - UK needs capital market revamp to bring in ₤ 1tn of investment, says Wilson report - EU air safety regulator orders one-off examinations of some Plane A350s Overview - Telegram...

Europe's top court must reject an appeal by Air France KLM and its Dutch unit KLM, British Airways, Singapore Airlines and some of their peers against cartel fines imposed by EU antitrust regulators in 2017, an adviser to the court said on Thursday. The European Commission 7 years ago reissued fines amounting to 776 million euros to 11 airlines for taking part in a. cartel to fix air cargo prices, after the Luxembourg-based. General Court scrapped its very first choice imposed in 2010 due to. a procedural mistake. The carriers took their complaint back to the lower tribunal. which threw...

Europe's Arianespace has introduced the last Vega rocket, positioning the Sentinel2C satellite into orbit under the European Union's Copernicus program to monitor Earth's environment. The slender single-body rocket, which does not have boosters strapped to its side unlike bigger cars, spotted into the night sky at a launch base in French Guiana at 10.50 p.m. regional time on Sept 4 (0150 GMT on Sept 5), streamed images revealed. The launch ends a 12-year profession for the small launch vehicle, created by Italy's Avio. It is being changed by the upgraded Vega C, which is because of go back to service...

The U.S., Britain and the EU are expected to sign the first worldwide treaty on using AI that is legally binding, the Financial Times reported on Thursday. The 3 would sign the Council of Europe's convention on AI on Thursday, the newspaper said , including that the convention was prepared for over two years by more than 50 nations consisting of Canada, Israel, Japan and Australia. The U.S. was devoted to ensuring that AI innovations support respect for human rights and democratic values and saw the crucial value-add of the Council of Europe in this area, a. senior Biden administration...

Airline companies will likely be told there is no immediate need for international look at the Jet A3501000, ending days of unpredictability after an engine emergency situation prompted Cathay Pacific to examine its fleet, two individuals acquainted with the matter said. Some carriers consisting of Singapore Airlines and Japan Airlines had actually been conducting precautionary checks of their entire A350 fleets after Cathay Pacific said it had discovered 15 of its 48 A350 jets required repair work to fuel lines. Barring last-minute changes as private investigators take a look at parts from a Cathay Pacific A350 that went back to...

Airlines will likely be told there is no immediate need for worldwide look at the Airbus A3501000, ending days of uncertainty after an engine emergency prompted Cathay Pacific to examine its fleet, two people familiar with the matter said. Barring last-minute changes as investigators analyze parts from an A350 that went back to base on Monday, Airbus and engine maker Rolls-Royce are expected to transfer to ease broader security concerns in their first instructions to providers on Thursday. Airplane decreased comment and referred inquiries to Hong Kong detectives, who might not be reached. Rolls-Royce and Cathay Pacific did not immediately...

Hong Kong's Cathay Pacific Airways stated on Tuesday it had checked its whole Plane A350 fleet after the inflight failure of a part in an engine that is made by British manufacturer RollsRoyce . WHAT OCCURRED ON THE FLIGHT? An issue unfolded several minutes after take-off on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. A source knowledgeable about the matter said a leak in a fuel system appeared to have triggered a short engine fire that was rapidly extinguished by the team of the Zurich-bound jet. The five-year-old A350-1000 airplane carried out...

The following are the top stories on the New york city Times business pages. Reuters has not confirmed these stories and does not attest their accuracy. - Former Volkswagen Chief Executive Martin Winterkorn appeared in court on Tuesday on fraud charges over the so-called dieselgate scandal, 9 years after the German carmaker was discovered to have rigged emissions tests. - Hong Kong's Cathay Pacific Airways stated on Tuesday it had checked its whole Airbus A350 fleet after the in-flight failure of an engine part and found 15 aircraft with components that required replacement. - Linda Sun, a previous assistant to...

Hong Kong's Cathay Pacific Airways said on Tuesday it had actually examined its whole Jet A350 fleet after the inflight failure of a component in an engine that is made by British maker RollsRoyce . WHAT HAPPENED ON THE FLIGHT? An issue unfolded a number of minutes after liftoff on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. A source knowledgeable about the matter said a leakage in a fuel system appeared to have caused a short engine fire that was quickly snuffed out by the team of the Zurich-bound jet. The five-year-old...

Hong Kong's Cathay Pacific Airways said on Tuesday it had checked its whole Airbus A350 fleet after the inflight failure of an element in an engine that is made by British maker RollsRoyce . WHAT HAPPENED ON THE FLIGHT? An issue unfolded several minutes after liftoff on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. The five-year-old A350-1000 plane performed 2 large circles and dumped fuel over the sea before going back to Hong Kong where it landed securely about 75 minutes after its departure. Cathay Pacific stated it recognized an engine part...

Hong Kong's Cathay Pacific Airways stated on Tuesday it had examined its entire Jet A350 fleet after the inflight failure of an element in an engine that is made by British manufacturer RollsRoyce . WHAT OCCURRED ON THE FLIGHT? An issue unfolded several minutes after liftoff on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. The five-year-old A350-1000 plane performed two wide circles and disposed fuel over the sea before returning to Hong Kong where it landed securely about 75 minutes after its departure. Cathay Pacific stated it identified an engine element failure...

Hong Kong's Cathay Pacific Airways is checking all of its Airplane A350 jets after the inflight failure of an engine part on Monday, but other airline companies have not yet been provided guidelines to take a look at comparable engines, carriers said. Cathay Pacific cancelled 24 return flights through completion of Wednesday to provide it time to check its fleet of 48 Rolls-Royce powered A350s after a part stopped working on among its A350-1000 widebody planes minutes after liftoff from Hong Kong. Information from flight tracking service FlightRadar24 showed other significant operators of the A350-1000 and the smaller sized, more...

Polish billionaire Rafal Brzoska and his partner plan to take legal action against Meta over fake advertisements on Facebook and Instagram that function his face and false information regarding her flowing on the social networks platforms. Brzoska stated they have actually not yet selected a jurisdiction to submit the planned lawsuit, which would be another in a series of attempts internationally to hold the internet huge liable for advertisements that keep appearing even after users notify the business about issues. A Meta spokesperson stated the business gets rid of incorrect advertisements from its platforms when it finds out about them,...

Polish billionaire Rafal Brzoska and his spouse plan to take legal action against Meta over phony advertisements on Facebook and Instagram that include his face and false details concerning her distributing on the social media platforms. Their relocation would be another in a series of quests started internationally to hold the web huge responsible for advertisements that keep appearing regardless of users notifying the business about problems. Brzoska, the creator and the most significant investor of Polish parcel locker business InPost, said he informed the company of the issue start of July, but it stopped working to find an option....

Dutch postal firm PostNL reported secondquarter parcel volumes listed below market expectations on Monday, struck by a damaging shift in the rate mix and weather that negatively affected the ecommerce market. PostNL provided 92 million parcels throughout the quarter, around 6% more than in 2015, however listed below the 7% increase expected by experts. Expense increases put pressure on our results as prepared for, CEO Herna Verhagen said in a declaration. PostNL, which delivers parcels and letters across Belgium, the Netherlands and Luxembourg, stated it still expects its normalised profits before interest and tax (EBIT) to come in between 80...

World markets steadied on Tuesday as investors looked beyond Joe Biden's exit from the U.S. governmental race, turning their focus to business profits and financial information. Biden's exit from the race has cast some doubt over a. Republican politician victory under Donald Trump and could see financiers. loosen up trades betting that such a win would add to U.S. financial. and inflationary pressures. Vice President Kamala Harris will campaign in the. battlefield state of Wisconsin on Tuesday as the Democrats's. presumed candidate. The pan-European STOXX index was up 0.2%, while. U.S. stock futures were down 0.1% following a 1.1% increase....

Providers from airline companies to health care, shipping and finance were returning online on Friday after a mistake in a security software update stimulated hourslong international computer system systems blackouts, another incident highlighting the vulnerability of the world's interconnected technologies. After the outage was fixed, companies were dealing with backlogs of delayed and canceled flights and medical consultations, missed orders and other issues that could take days to resolve. Businesses likewise deal with concerns about how to prevent future blackouts activated by technology indicated to protect their systems. A software update by worldwide cybersecurity firm CrowdStrike , among the largest...