CHINA’S homegrown passenger jet C919 is likely to receive airworthiness certification from the European aviation safety regulator, a key step for the narrow-body aircraft to enter the Western market, officials said yesterday. Patrick Ky, executive director of the European Aviation Safety Agency, said at an inaugural session of an aviation safety conference in Shanghai yesterday that certifying the C919 was part of ongoing talks for a bilateral air safety agreement between the two regio...
Venture capital investments in financial services startups are showing a geographical split, with funding for so-called “fintech” companies in the United States cooling but soaring in Europe, according to a new report out Wednesday. Years of hype that led to high valuations, concerns over high loan losses among online lenders and industry scandals such as Lending Club lc falsifying loan documentation, has resulted in a slowdown for the U.S. fin...
Good morning. Whisper it quietly, but Europe’s crisis is over, at least for the immediate future. By far the most important evidence for this extravagant claim is the French election result on Sunday. Barring a disaster, France will again commit itself to the EU’s institutions and aspirations in 11 days’ time, when Emmanuel Macron runs off against Marine Le Pen for the presidency. Not one of over 120 polls during the campaign has suggested Le Pen can win that run-off, and most ...
Even as the middle class has been shrinking in the U.S., it's been growing in places like France, Ireland, the United Kingdom, and the Netherlands. That said, America’s middle class is still richer than most of its Western European counterparts, a new report by the Pew Research Center shows. The study documents how the middle class evolved from 1991 to 2010 in 12 countries including the U.S. and 11 nations in Western Europe. In most of those countries, the middle class has been shrinking, ...
The Eurozone. Political independents. Pollsters. Now another group has reason for cheer after the first round of France’s election on Sunday: Europe’s super rich. Emmanuel Macron’s emergence as firm favorite to win the French presidency on May 7 catapulted European stocks to a 17-month high, Bloomberg reports. And with that, the coffers of European billionaires swelled by $27.5 billion--or 2.6%. So much so, in fact, that Zara founder Amancio Ortega, who was bumped down to third...
If there is such a thing as a “Trump Effect” in European politics, it’s not unfolding quite the way that Europe’s liberals had feared. No stampede of dark horses from the nationalist fringe has come trampling across the European Union. No other countries have yet followed the British to the exit. Instead, the leaders of the right seem to be suffering one setback after another, which is all the more remarkable given how confident they felt just a few months ago. On Jan. ...
The hidden gem in BMW’s buying process has been and still is, the European Delivery Program. BMW, as well as many other German car makers, offers a European Delivery option when ordering a brand new Bimmer. Many people don’t realize that this program exists, otherwise we feel like there would be significantly more Americans doing it. It’s a wonderful program that allows the customer to not only get a significant discount on their car but a trip to Germany and other European countries ...
EMA ZELIKOVITCH, a 24-year-old philosophy graduate in Madrid, takes a deep breath before listing the jobs she has held over the past few years. While at university she worked as a dance teacher, waitress, street fund-raiser for NGOs, call-centre operator and greeter at political conferences for Podemos, a far-left party. Since graduating she has juggled jobs at two restaurants, but one recently sacked her. Every job was on a temporary, or “fixed-term”, contract. And while some paid her a liv...
The Chewing stick, popularly called ‘Pako‘ is very common in Nigeria. Image- Afrostyle Magazine   It’s commonly sold in Nigeria, for as little as 50 Naira. Image- Afrostyle Magazine   And we’re pretty sure you’ve seen an elderly person chewing one of these Image- Pinterest   Anyhoo, a European company has completely rebranded and reintroduced the ‘Pako’ stick and are calling it the Raw Toothbrush, full of ~ minerals and vitamins ~ Watch th...
Uber sees opportunities to expand in the Europe Union, despite withdrawing its ride-hailing service from Denmark and facing the possibility of an EU court ruling that could mean tougher rules for the firm, an Uber executive said. Danes hailed their last rides on the UberPOP app on Tuesday before enforcement of a new law making taxi meters mandatory for drivers and imposing other requirements that meant Uber could no longer operate there. It has already quit Hungary and Bulgaria. “I am R...
CHANDIGARH: The Punjab police on Tuesday arrested two alleged terrorists belonging to a terror module set up by a Europe-based radical militant group, to target leaders and members of socio-religious organisations in the State. Palwinder Singh alias Ghodu of Ball village in Batala and Sandeep Kumar alias Kaalu alias Shinda, of Puriyan Mohalla in Batala were apprehended by the counter-intelligence unit of Punjab police. Sources said investigations so far had revealed that the duo were tasked wi...
IN A rickety warehouse on the banks of London’s Thames, sit mountains of caramel-coloured raw cane-sugar. Following a pattern of trade that is centuries old, they have been shipped across the oceans to Tate & Lyle Sugars’ dockside factory, where they will be refined into the white stuff. Cane reigns supreme worldwide, accounting for four-fifths of sugar production. In Europe, though, it accounts for only a fifth; most sugar is made instead from beet, thanks to a technique developed in th...
For years, diesel has been the fuel of choice for most European car buyers. Its low cost, high fuel-economy and low emissions made it the darling of the Western European world. However, that’s beginning to change, as lawmakers and customers push for more environmentally-friendly means of transport. Electric and plug-in hybrid cars are becoming the new darling, slowly but surely, but the problem is that this new shift in popularity could crush a lot of the auto industry and hurt customers i...
CHANDIGARH: A day after Amarinder Singh refused to meet Canadian defence minister Harjit Singh Sajjan because of the latter's sympathies for the Khalistan movement, a US-based NGO Sikhs For Justice (SFJ) has said it will not allow the Punjab chief minister to visit America, Canada, UK or any of the European Union countries from now on. But Capt Amarinder Singh has stuck to his stand in the face of criticism by opposition parties in Punjab which lashed out at his 'Khalistan sympathiser&#...
CHINA’S Aier Eye Hospital announced the purchase of Spain’s Clinica Baviera SA, the largest eye clinic group in Europe. Aier will spend 152 million euros (US$161 million) to buy 59.35 percent of shares in Baviera through its subsidiary in Europe, with shares valued at 10.35 euros each. Chen Bang, chairman of the board of Aier Eye Group, described the purchase as “an important milestone” in the firm’s development. Aier Eye Hospital is China’s largest priv...
We have so much in commonIN AN influential article in 2013, Valery Gerasimov, chief of the Russian general staff, described a new doctrine (often termed “hybrid warfare”) involving “information conflict” alongside diplomacy and military force to achieve geopolitical aims. To Americans, the Russian-sponsored hacking and distribution of fake news during last year’s presidential election were a shocking example of this strategy. Yet there is little new about it. The Kremlin has been using...
PUNDITS and political scientists don’t always agree. When it comes to predicting electoral outcomes, though, both tribes assume that the economy is the most reliable oracle. Numerous studies have found a strong correlation between GDP growth and voting behaviour. Whether or not those in power are responsible for the economy, it has been responsible for whether or not they get re-elected.A study by Ruth Dassonneville, now at the University of Montreal, and Michael Lewis-Beck of the University o...
 Netherlands-based accelerator program Rockstar, which focuses on helping startups through their first 1,000 days, has launched a new vertical program for artificial intelligence startups — touting it as Europe’s first AI-focused accelerator. Read More
Facebook’s European regulator said it hoped to reach a deal in the coming months with the U.S. company to allow it to use data gleaned from the WhatsApp messaging service it acquired in 2014. The European Union’s 28 data protection authorities last year requested that WhatsApp stop sharing users’ data with Facebook due to questions over the validity of users’ consent. Ireland’s Data Protection Commissioner Helen Dixon, the lead EU regulator on privacy issues for Fac...
The BMW E46 M3 is one of our favorite models to ever roll off of the German car maker’s production lines. Overall, it is the sweet-sounding straight-six, packed with aggressive design cues and impressive performance – for its day – that make the M3 of its generation an instant classic. Now, this striking Mystic Blue M3 visited European Auto Source for some additional flare, given by the addition of aftermarket tuning parts. The BMW E46 M3 is powered by a 3.2 liter naturally ...