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Turmoil in Italy over plan to hike tourist tax
Overtourism, which is already causing headaches from Venice to the Italian Riviera, risks costing travellers dearly as Rome considers hiking the tourist tax to make them "more responsible" -- and raise cash.
Vegan Nutella to hit European shelves
Food giant Ferrero on Tuesday announced the imminent launch of a vegan version of its popular hazelnut spread Nutella in Italy, France and Belgium, saying the move was in response to changing consumer tastes. "No compromises" were made concerning the taste of Nutella, launched 60 years ago and marketed in around 170 countries, the Italian company said.
French lawmakers warned of ballooning budget deficit risk
The public deficit in France is at risk of reaching 5.6 percent of GDP this year and even 6.2 percent in 2025, the finance ministry has warned, as a political crisis rumbles on.
Cathay says 15 Airbus planes need new engine parts after fleet-wide inspections
Hong Kong carrier Cathay Pacific said Tuesday that 15 of its Airbus A350 jets needed new engine parts after inspecting its entire fleet, which was grounded following a "first of its type" engine component failure.
China to launch anti-dumping probes into Canadian canola, chemicals
China said Tuesday it would launch an anti-dumping probe into Canadian canola and chemical products, in apparent retaliation for Ottawa's new restrictions on imports of Chinese electric vehicles (EVs). China would also launch a similar probe into "relevant Canadian chemical products, based on applications by domestic industries", according to the ministry.
Cathay inspects A350 fleet after engine component failure
Hong Kong carrier Cathay Pacific has temporarily grounded its fleet of A350 aircraft for inspections after a "first of its type" engine component failure forced a flight to Zurich to turn back on Monday. The move came after a Cathay flight to Zurich on Monday was forced to return and the company identified an engine component failure, it said, without saying which component.
'Queen of Trash' in dock in Sweden's biggest toxic waste scandal
Eleven people go on trial in Sweden on Tuesday accused of illegally dumping toxic waste in the country's biggest-ever environmental crime case. Considered Sweden's largest environmental crime case, the police investigation runs to more than 45,000 pages, with 150 witnesses due to testify.
Asian markets drift ahead of key US figures, eyes on China
Asian markets stuttered Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data stoked renewed worries over the world's number two economy. Nervousness over the Chinese economy was keeping buyers at bay after another round of data showed the country's manufacturing sector contracted for a fourth straight month.
Ex-Volkswagen CEO faces trial over 'dieselgate'
Former Volkswagen CEO Martin Winterkorn is set to go on trial Tuesday for his role in the "dieselgate" scandal, nine years after the saga first plunged the German auto titan into crisis. The highest-ranking former executive to have been convicted so far in the scandal is ex-Audi CEO Rupert Stadler.
AFP
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