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Air India crash aftermath handled ‘irresponsibly’, says court
The highest court in India has strongly criticised the country’s aviation authorities for their handling of the aftermath of the Air India plane crash that killed 261 people in June. Leaving only one survivor, the flight bound for Gatwick airport from Ahmedabad crashed shortly after taking off, killing 242 passengers on board and 19 others…
EU steel tariff hike threatens ‘biggest crisis’ for UK industry
The EU has announced plans to hike tariffs on imported steel in a move the UK’s steel industry has said could be “perhaps the biggest crisis” it has ever faced. The commission has set out plans to cut the amount of steel that can be imported into the bloc by half – beyond which the…
ECB holds interest rates at 2%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
