Ottawa urged to back First Nations insurance captive - Insurance Business

Hyundai Mobis posted consolidated revenue of 31.8852 trillion won (approximately $23.9 billion) in the first half, of which sales from Hyundai Motor and Kia accounted for 23.7591 trillion won (approximately $17.8 billion), or roughly 74.5%. While overseas revenue reached 55.6% of the total, much of this stems from supplying local affiliates, which is distinct from genuine customer diversification. Following the sale of its lamp business, the company is focusing on electrification, electronics, automotive semiconductors, and robotics while expanding orders from non-affiliated automakers. The after-sales service business, due to its high profitability, relies on close ties with group vehicles as a core competitive strength. Hyundai Mobis is shifting its business focus toward high-value segments such as electrification, electronics, automotive semiconductors, and robotics after divesting its lamp business. However, analysts note that a revaluation of the company's worth requires not only product sophistication but also an expansion of its customer base.

Browse this and many other websites without banner ads, personalized tracking and video ads. Mercedes-AMG is bringing its sports car DNA to the full-size electric SUV segment. The new GT SUV is officially here with up to 1,153 horsepower, a 0-60 mile-per-hour time of 2.4 seconds, and DC fast charging at up to 710 kilowatts.

The Supreme Court of Newfoundland and Labrador has certified a class action on behalf of passengers on board Air Canada Flight AC 2259 which landed hard at Halifax in December of 2025 after the plane’s landing gear collapsed. The flight had taken off from St. John’s International earlier that evening, and officials at YYT later confirmed that debris was found on one of its runways after the flight took off. They wouldn’t say at the time whether the discovery was related to the incident at Halifax. The class action names Air Canada, Provincial Aerospace Ltd, St. John’s International Airport Authority and the Halifax International Airport Authority, all of whom have consented to certification. Stephen Barnes of Bob Buckingham Law says they want to understand what went wrong that night and make sure that passengers have an opportunity to be fairly compensated for what they went through. The case will examine whether the defendants met their responsibilities for aircraft safety, runway safety and emergency response, and whether any failures caused injury or loss to passengers.