Business

Mr. Calin Rovinescu, the chief executive officer of Air Canada, will retire next year after leading the company for more than 10 years. The airline has long been ranked second and set to inherit the role as the industry faces a once-in-a-generation crisis. Air Canada’s Deputy Chief Executive Officer and Chief Financial Officer Mr. Michael Rousseau will take control after ...

Jaguar Land Rover (JLR) India has launched the third product pillar Defender in India, the first two of which are Discovery and Range Rover. The luxury car manufacturer defines it as the toughest and most capable Land Rover, launching the New Land Rover Defender in India. The New Defender is equipped with a 2 liter turbocharged 4-cylinder gasoline engine that ...

On Wednesday (Oct 7), the Environment and Climate Change Minister Mr. Jonathan Wilkinson has announced that Canada will ban the use of single-use plastic products by end of the next year. Meanwhile the announcement, he acknowledged that the country is trailing Europe in recycling. He added, “We are not leading the world in this. Many countries in Europe, including the ...

US motorcycle maker Harley-Davidson announced on Thursday that it is exiting Indian market after restructuring of its global operations. Earlier in the year Harley had said that it planned to reduce its product portfolio and exit lower volume markets, without specifying which ones. Harley-Davidson said it expects to report $75 million in additional restructuring costs for 2020 related a set ...

Apple has confirmed on Friday (Sept 18) that it will launch an online store in India on September 23. This is the first time that Apple will directly provide all of its products and support to its customers across India. Customers can not only buy all Apple products in the online store, but they will also have access to Apple ...

The Vancouver Aquarium announced this Monday that the aquarium is closing its gates to the public as losses mount due to COVID-19.   More than 200 staff members are being laid off, primarily from the operations team, in an effort to save money after incurring of financial loss over last few months. The Ocean Wise Conservation Association, which runs the facility, ...

Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages announced the appointment of Marsha Walden as Destination Canada’s President and Chief Executive Officer. “On behalf of the Board of Directors of Destination Canada, I am pleased to welcome Marsha Walden as our new President and CEO. Marsha is a well-respected and trusted member of the ‘Team Canada’ ...

The submarine Optical Fiber Cable (OFC) was launched by India Prime Minister Narendra Modi on Monday (August 10). The submarine cable connection was launched through video conferencing due to ongoing situation of COVID-19 pandemic. The PM said in a tweet, “Today, 10th August is a special day for my sisters and brothers of Andaman and Nicobar Islands. At 10:30 this ...

The Federal Government of Ottawa has decided on Thursday evening to take a retaliatory measure against the United States by imposing CAD 3.6 billion tariffs on the US imports. Canada Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland have made the announcement few hours after US President Donald Trump announced to impose a 10 per cent tariff on ...

Porter Airlines, the regional airline in Toronto, has made an announcement on Tuesday (August 4) that it is extending the suspension of its all passenger flight operations till October 7, 2020. The decision of extending flight suspension came up due to ongoing government travel restrictions that include a mandatory quarantine upon arrival in the country, ongoing closure of the Canada-U.S. ...