Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its...Investingread more
China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Deutsche Bank Wealth Management's global chief investment officer predicted the Federal Reserve will cut interest rates twice in the next 12 months, but chances of a four-time...US Economyread more
Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.Technologyread more
Stocks in Asia traded lower on Thursday afternoon. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
PARIS, June 25 (Reuters) - The French state is responsible for the air pollution in the Ile-de-France region around Paris, a local court said in a ground-breaking ruling, although it did not award damages to a mother and daughter who had suffered respiratory ailments.
The administrative court of Montreuil, a suburb of Paris, ruled the state was responsible for failing to prevent heavy air pollution in and around Paris in the 2012-2016 period, when a local resident contracted bronchitis and her daughter asthma.
"The state was deficient in not taking sufficient measures to remedy the situation," the court ruling read.
Paris regularly goes through periods of high pollution, especially during heat waves, but requests by Paris city hall to temporarily ban polluting vehicles from entering the city centre often take a long time to be implemented by the government.
The court ruled that the plaintiff had not provided sufficient proof to establish a direct link between the Paris air pollution and her and her daughter's health problems and rejected her claims for compensation.
But in the first such ruling in France, the court said the state had repeatedly failed to take sufficient measures to prevent pollution from rising above government-set thresholds.
"The state's responsibility has been established. That is a first in France for victims of air pollution and it opens the door to compensation in the future," the plaintiff's lawyer Francois Lafforgue told Reuters.
French daily Le Monde reported that the plaintiffs -- who now live in the city of Orleans and no longer have respiratory problems -- had filed for damages of 160,000 euros ($182,000).
Environmental action groups say dozens of similar cases are working their way through courts in several French cities.
In recent years, the European Commission has repeatedly criticised France for not respecting EU air quality norms and last year took France to the European Court of Justice.
The French court ruling comes as unusually hot weather has led the city of Paris to issue new warnings about air quality and to ban older diesel vehicles from the city on Wednesday.
($1 0.8799 euros) (Reporting by Emmanuel Jarry; Writing by Geert De Clercq; Editing by Catherine Evans)