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☆ Vehicle explodes at Niagara Falls, forcing US-Canada border closings
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

[1/5] Police officers view the scene after an incident at the Rainbow Bridge U.S. border crossing with Canada, in Niagara Falls, New York, U.S. November 22, 2023 in a still image from video. Two people in the vehicle were killed in the blast and one border patrol official was injured, the Fox News Channel reported, citing unnamed sources. The three U.S.-Canada crossings along the Niagara River separating southern Ontario and New York state are among the busiest in the world. "The FBI is coordinating with our local, state and federal law enforcement partners in this investigation," the FBI statement said. Representatives for the U.S. State Department also did not immediately respond to a request for comment on the reported border closures.

Persons: Kathy Hochul, Dominic LeBlanc, LeBlanc, Hochul, Doug Ford, Ismail Shakil, Katharine Jackson, Daphne Psaledakis, Susan Heavey, Caitlin Webber Organizations: Police, Rainbow Bridge, REUTERS, Reuters, Rights, FBI, Terrorism, Force, New, Fox News Channel, CNN, Niagara Gazette, Whirlpool, Niagara - Frontier Transit Authority, Public, Ontario, ., Canadian, U.S . State Department, Thomson Locations: Canada, Niagara Falls , New York, U.S, United States, Niagara Falls, New York, Lewiston, Queenston, York, Ontario, Ottawa, Buffalo , New York

☆ Italy overcome spirited Slovenia to reach BJK Cup final
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

SEVILLE, Spain, Nov 11 (Reuters) - Jasmine Paolini defeated Tamara Zidansek and Martina Trevisan beat Kaja Juvan as Italy secured a 2-0 victory over Slovenia in Seville on Saturday to reach the Billie Jean King Cup final and stay on course for their fifth crown in the team competition. Trevisan earlier put Italy in front in their quest to make the final of the event for a sixth time with a battling 7-6(6) 6-3 victory over Slovenian world number 104 Juvan. "I have to say that today was really tough," Trevisan said as Italy tasted success in their first semi-final appearance in the competition since 2014. Italy's last triumph in the competition came 10 years ago, and they could face stiff competition in Sunday's title clash. Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Jasmine Paolini, Tamara Zidansek, Martina Trevisan, Kaja Juvan, Billie Jean King, Paolini, Trevisan, Shrivathsa Sridhar, Hugh Lawson Organizations: Slovenia, Billie Jean King Cup, Estadio, la, Slovenian, Czech, United States, Thomson Locations: SEVILLE, Spain, Italy, Seville, Czech Republic, Canada, Bengaluru

☆ G7 Calls for Immediate Repeal of Bans on Japanese Food, Pressing China
▼ + stars: | 2023-10-29 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

The G7 trade ministers, in a statement after a weekend meeting on Osaka, did not mention China but they also denounced what they consider its rising economic coercion through trade. "We deplore actions to weaponize economic dependencies and commit to build on free, fair, and mutually beneficial economic and trade relationships," said the 10-page statement. While Japan and the U.S. have called the curbs unfair, Russia announced a similar restriction earlier this month. The G7 - the United States, Japan, Germany, Britain, France, Italy and Canada - expressed "concern" over recent control measures on the export of critical minerals. "We completely agreed to build resilient and reliable supply chains" for critical minerals, semiconductors and batteries, he told a press conference.

Persons: Yasutoshi Nishimura, Kantaro Komiya, William Mallard Organizations: Japan, U.S, Hamas Locations: TOKYO, Osaka, China, Japan, Russia, United States, Germany, Britain, France, Italy, Canada, Ukraine, Israel, Gaza

☆ G7 calls for immediate repeal of bans on Japanese food, pressing China
▼ + stars: | 2023-10-29 | by ( Kantaro Komiya | Thomson Reuters | Kantaro Writes About Everything Japan'S Economic Indicators To North Korea'S Missiles To Global Regulation On Ai Companies. His Previous Stories Have Been Published In The Associated Press | ) www.reuters.com time to read: +3 min

Persons: Eugene Hoshiko, Yasutoshi Nishimura, Kantaro Komiya, William Mallard Organizations: International Atomic Energy Agency, Rights, Japan, U.S, Hamas, Thomson Locations: China, South Korea, Canada, Hisanohama Port, Iwaki, Japan, Osaka, Russia, United States, Germany, Britain, France, Italy, Ukraine, Israel, Gaza

☆ Canada's Conservative leader urges rejection of RBC's offer for HSBC Canada -media
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOct 19 (Reuters) - Pierre Poilievre, Canada's Conservative party leader, called for the federal government to reject Royal Bank of Canada's (RY.TO) C$13.5 billion ($9.84 billion) offer to buy HSBC's (HSBA.L) domestic unit, the Globe and Mail reported on Thursday. "If the biggest bank in Canada simply buys up a growing smaller player, then there's no hope of ever having more competition in Canadian banking," he told the newspaper. Last month, Canada's Competition Bureau said that RBC's takeover of HSBC Canada was unlikely to hurt competition, clearing the way for the country's largest bank to push ahead with its biggest acquisition. Still, the regulator found that the deal would "result in a loss of rivalry between Canada's largest and seventh-largest banks."

Persons: Carlos Osorio, Pierre Poilievre, Poilievre, Gnaneshwar Rajan, Christian Schmollinger Organizations: Royal Bank of Canada, REUTERS, Conservative, Royal Bank of Canada's, Globe and Mail, HSBC, HSBC Canada, Thomson Locations: Toronto , Ontario, Canada

☆ Volkswagen, Umicore venture picks Poland for first car battery parts plant
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: +2 min

Volkswagen vehicle is parked during a news conference to announce details on the construction of a gigafactory for electric vehicle battery production by Volkswagen Group's battery company PowerCo SE in St. Thomas, Ontario, Canada April 21, 2023. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsBERLIN, Oct 7 (Reuters) - The auto battery parts joint venture between Volkswagen's (VOWG_p.DE) PowerCo and Belgian materials firm Umicore (UMI.BR) has chosen Poland as the site for its first factory, PowerCo said on Saturday. Ionway wants to build up its annual production capacity by the end of the decade to around 160 gigawatt hours (GWh) per year - enough for 2.2 million electric vehicles. Ionway is intended to supply PowerCo's European battery cell factories with key battery materials and to cover a large portion of PowerCo's needs in the European Union. In return, Umicore receives secured access to an important part of Europe's demand for cathode materials for electric vehicles.

Persons: Carlos Osorio, PowerCo, Ionway, Umicore, Sabine Wollrab, Sarah Marsh, David Holmes 私 Organizations: Volkswagen, Volkswagen Group's, REUTERS, Rights, VW, European Union Locations: St, Thomas , Ontario, Canada, Volkswagen's, Poland, Nysa, Ontario

RAW Chief Ravi Sinha, the only serving official publicly affiliated with the agency, did not return messages seeking comment. All six officials denied that RAW engages in targeted killings, noting that the agency has no mandate for such operations. Fallout from the Vancouver incident has also raised concerns that RAW will come under greater global monitoring, Indian intelligence officials and analysts said. "The current developments have undoubtedly increased global curiosity about RAW," said Dheeraj Paramesha Chaya, an expert on Indian intelligence at Britain's Hull University. "Our footprint is growing in parts of the world which were not important earlier," a recently retired senior RAW official said, without providing specifics.

Persons: Blair Gable, Justin Trudeau's, Hardeep Singh, RAW's, Narendra Modi, Ravi Sinha, Sinha, Ajit Doval, Paramesha, Trudeau, David Headley, Headley, Adrian Levy, Levy, Modi, Krishn Kaushik, Sanjeev Miglani, Katerina Ang Organizations: High Commission of, REUTERS, Canadian, Reuters, RAW, National, Britain's Hull University, Ottawa, Washington Post, MUMBAI RAW, Indian Foreign Ministry, Indian, Islamabad, American Embassy, Intelligence Bureau, Hull, Canadian Broadcasting Corporation, India deniability, South, CIA, U.S . Council, Foreign Relations, PRS, Thomson Locations: High Commission of India, Ottawa , Ontario, Canada, DELHI, Pakistan, Sri Lanka, Nepal, Vancouver, India, Ottawa, Mumbai, West, Delhi, China, Washington, U.S, MUMBAI, Islamabad, North America, Chicago, United States, London, Britain, Australia, South Asia, Europe, Southeast Asia, New Delhi

☆ FIA issues written warning to Red Bull's Marko for Perez comments
▼ + stars: | 2023-09-15 | by ( Tom Westbrook | ) www.reuters.com time to read: +2 min

Marko, 80, apologised last week after referring to Perez as a "South American" who was less focused than dominant Red Bull team mate Max Verstappen or the team's now-retired champion Sebastian Vettel. "We can confirm that Helmut Marko has received a written warning and been reminded of his responsibilities as a public figure in motor sport in line with the FIA Code of Ethics," said an FIA spokesman at the Singapore Grand Prix. Perez said on Thursday he had accepted a personal apology from Marko, whose comments continued to provoke a strong reaction in the paddock. It was not the first time Marko had referred to Perez as a South American, although the Mexican comes from Guadalajara which is geographically in North America. "I'm Italian so I know that sometimes we have been facing the same comments," said Alfa Romeo's Alessandro Alunni Bravi.

Persons: Gilles Villeneuve, Sergio Perez, Helmut Marko, Evan Buhler, Marko, Perez, Max Verstappen, Sebastian Vettel, Mercedes, Toto Wolff, hasn't, Lewis Hamilton, McLaren, Zak Brown, Verstappen, Alessandro Alunni Bravi, Alan Baldwin, Ken Ferris Organizations: Prix, Grand Prix REUTERS, Rights, Red Bull, FIA, Singapore, Formula One, Mexican, One, Thomson Locations: Montreal, Canada, Rights SINGAPORE, Austrian, Mexican, Guadalajara, North America, Mexico, South America, London

☆ Nigeria defender Plumptre signs for Saudi Women's side Al-Ittihad
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +1 min

Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Group B - Nigeria v Canada - Melbourne Rectangular Stadium, Melbourne, Australia - July 21, 2023 Nigeria's Ashleigh Plumptre in action REUTERS/Hannah Mckay/File Photo Acquire Licensing RightsSept 14 (Reuters) - Nigeria defender Ashleigh Plumptre said she has joined Saudi Women's Premier League side Al-Ittihad following the expiry of her contract at Leicester City. She played for England at youth level before switching allegiance and making her Nigeria debut in 2022. "Grateful to have signed for Al-Ittihad," Plumptre said on messaging platform X, formerly known as Twitter. The Saudi women's top flight is gearing up for its second season, with eight teams vying for the title. Saudi men's Pro League teams have been spending huge sums to attract some of the best players from European clubs, including Neymar, Cristiano Ronaldo and Karim Benzema.

Persons: Nigeria's Ashleigh Plumptre, Hannah Mckay, Ashleigh Plumptre, Plumptre, Cristiano Ronaldo, Karim Benzema, Saudi Arabia Crown Prince Mohammed bin Salman, Pearl Josephine Nazare, Peter Rutherford Organizations: Soccer Football, FIFA, Saudi Women's Premier League, Al, Leicester City, England, Saudi, Saudi men's Pro League, Neymar, Saudi Arabia Crown, Thomson Locations: New Zealand, Nigeria, Canada, Melbourne, Australia, Ittihad, Saudi Arabia, Bengaluru

☆ Basketball Canada outlasts U.S. in OT, capture first-ever basketball World Cup medal
▼ + stars: | 2023-09-10 | by ( Neil Jerome Morales | ) www.reuters.com time to read: +2 min

[1/5] Basketball - FIBA World Cup 2023 - Third-Place Playoff - United States v Canada - Mall of Asia Arena, Manila, Philippines - September 10, 2023 Canada players celebrate with their bronze medals after the match REUTERS/Lisa Marie David Acquire Licensing RightsMANILA, Sept 10 (Reuters) - Canada bagged their first-ever FIBA Basketball World Cup podium finish at the expense of undermanned United States 127-118 in overtime in a riveting, record-setting bronze medal game on Sunday in Manila. It was the most points scored for a player in a medal-winning game in tournament history. Shai Gilgeous-Alexander, Canada's leading scorer, rebounder and passer, finished with 31 points, six rebounds and 12 assists. Team USA, previously unbeaten in their four bronze medal matches, recorded the most points they have conceded in a World Cup game. Despite the defeat, the United States finished better than their seventh spot in 2019, their worst-ever major international tournament result.

Persons: Lisa Marie David Acquire, Dillon Brooks, Brooks, Shai Gilgeous, Alexander, Canada's, rebounder, Paolo Banchero, Jaren Jackson Jr, Brandon Ingram, USA's, Anthony Edwards, Fan, Austin Reaves, Mikal Bridges, Canada's Kelly Olynyk, Neil Jerome Morales, Christian Radnedge Organizations: Basketball, FIBA, Asia Arena, Rights, FIBA Basketball, United, Houston Rockets, Team, NBA, Minnesota Timberwolves, Team USA, Brooklyn Nets, Mikal, Canada, Summer, United States, U.S, Thomson Locations: States, Canada, Asia, Manila, Philippines, Rights MANILA, United States, U.S

☆ Canada's early exit came down to pressure and belief, says coach Priestman
▼ + stars: | 2023-07-31 | by ( Lori Ewing | ) www.reuters.com time to read: +3 min

"You're coming into a very difficult group (B at the World Cup). And I think that's the difference ... it's belief and pressure for me." FINAL APPEARANCEMonday marked the final appearance for Sophie Schmidt, who said she will retire after this, her fifth World Cup. Canada's 40-year-old talisman Christine Sinclair, the world's leading international scorer with 190 goals, was never a threat and substituted at the break for what was likely her final World Cup appearance. Priestman believes Canada can learn and grow from their disappointing World Cup performance.

Persons: Bev Priestman, I'm, Priestman, you've, Australia's Hayley Raso, I've, Sophie Schmidt, Christine Sinclair, Christine Sinclair's, that's, Lori Ewing, Ken Ferris Organizations: MELBOURNE, Melbourne, Olympic, Nigeria, Ireland, Australia, Thomson Locations: Tokyo, Canada, Australia

☆ Explainer: Boosting the City: Part Two of UK's post-Brexit finance reforms
▼ + stars: | 2023-07-10 | by ( Huw Jones | ) www.reuters.com time to read: +4 min

Companies on the London Stock Exchange's AIM and Aquis Exchange's growth market would also be eligible. Many savers in direct contribution pension funds are years away from retirement, making it easier to make changes now without risking their pensions. The proposed Intermittent Trading Venue would be launched by the London Stock Exchange in 2024. Britain will make trading shares more efficient by ending the use of paper trails for official transaction records. The government will hold public consultations on some of the proposed pension reforms while regulators already have powers to implement other changes, such as the rules on research.

Persons: Jeremy Hunt, AFME, Huw Jones, Mark Heinrich Our Organizations: London, European, Companies, London Stock, AIM, ARM, London Stock Exchange, Labour Party, Labour, Thomson Locations: European Union, Britain, New York, Australia, Canada

July 5 (Reuters) - Stellantis-LG Energy Solution (LGES) (STLAM.MI) will resume construction of an electric-vehicle battery plant in Canada after the federal government and province of Ontario increased subsidies for the C$5 billion ($3.7 billion) project. The companies said on Wednesday battery production at the plant in the city of Windsor in Ontario was now set to begin in 2024, creating some 2,500 new jobs and targeting annual production capacity over 45 gigawatt hours. Stellantis and LGES first announced their battery plant investment in March last year, but tensions emerged a few months later in August when the U.S. passed the IRA, which includes a massive package of clean-tech incentives for companies. In April, Canada agreed to provide up to C$13 billion in manufacturing tax credits and a C$700 million grant to lure German automaker Volkswagen AG to build its North American battery plant in the country. It was the biggest single investment ever in Canada's EV supply chain.

Persons: Stellantis, LGES, North America Mark Stewart, Francois, Philippe Champagne, Chrystia Freeland, Steve Scherer, Ismail Shakil, Costas Pitas, Caitlin Webber, Eric Beech, Sonali Paul Organizations: LG Energy, Canada, IRA, Federal, Provincial, North America, Industry, Volkswagen AG, Thomson Locations: Canada, Ontario, Windsor, Detroit, United States, U.S, Ottawa

☆ Verstappen takes Red Bull's 100th win in Formula One
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +1 min

[1/5] Formula One F1 - Canadian Grand Prix - Circuit Gilles Villeneuve, Montreal, Canada - June 18, 2023 Red Bull's Max Verstappen celebrates with a trophy on the podium after winning the race REUTERS/Mathieu BelangerMONTREAL, June 18 (Reuters) - Max Verstappen won the Canadian Grand Prix from pole position on Sunday to stretch his Formula One championship lead and take Red Bull's milestone 100th victory. Fernando Alonso finished second for Aston Martin at Montreal's Circuit Gilles Villeneuve, the Spaniard's sixth podium in eight races, with Britain's seven times world champion Lewis Hamilton third for Mercedes. Red Bull have won every race so far this season and Canada was double world champion Verstappen's sixth of the campaign and fourth in a row. Verstappen's team mate and closest rival Sergio Perez finished sixth but took a bonus point for fastest lap. Reporting by Alan Baldwin in London, editing by David EvansOur Standards: The Thomson Reuters Trust Principles.

Persons: Gilles Villeneuve, Max Verstappen, Mathieu Belanger MONTREAL, Brazil's, Ayrton Senna, Fernando Alonso, Aston Martin, Montreal's Circuit Gilles Villeneuve, Lewis Hamilton, Mercedes . Red Bull, Sergio Perez, Alan Baldwin, David Evans Organizations: Prix, Aston, Montreal's Circuit, Mercedes, Thomson Locations: Montreal, Canada, London

☆ Buzz and smiles growing after Mercedes tops Canada practice
▼ + stars: | 2023-06-17 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

"The car didn't feel bad but I think we've definitely got some work to do," said Hamilton. "We've just got to improve our ride control and a bit of the balance through corners and I think we'll be alright. The upgrades in Monaco and Barcelona led to a double podium at the Spanish Grand Prix with Hamilton finishing second and Russell third behind race winner Verstappen. Even Allison could not bring himself to make any predictions beyond things finally are all pointing in the right direction. "Probably a little bit too soon to say that summer has arrived with that one swallow – but hopefully, we’ve turned a bit of a corner.

Persons: Gilles Villeneuve, Mercedes, Lewis Hamilton, Chris Helgren MONTREAL, Circuit Gilles Villeneuve, George Russell, Red, Max Verstappen, Sergio Perez, Hamilton, We've, Russell, James Allison, Allison, Bull, Verstappen, we’ve, Steve Keating, Grant McCool Organizations: Prix, Mercedes, Circuit, Spanish, Hamilton, Thomson Locations: Montreal, Canada, Hamilton, Monaco, Barcelona

☆ Verstappen puts Red Bull back on top in final practice
▼ + stars: | 2023-06-17 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

[1/5] Formula One F1 - Canadian Grand Prix - Circuit Gilles Villeneuve, Montreal, Canada - June 17, 2023 Red Bull's Max Verstappen in action during the final practice session REUTERS/Evan BuhlerMONTREAL, June 17 (Reuters) - Championship leader Max Verstappen lapped fastest in a rain-hit final practice for the Canadian Grand Prix on Saturday as normal service returned to Formula One with Red Bull back on top of the time sheets. After Lewis Hamilton and George Russell put Mercedes top of the time sheets in an extended second practice session on Friday it was a miserable day for the two Britons. Alpine's Pierre Gasly was sixth best followed by Canadian hope Lance Stroll in the other Aston Martin in seventh. Yuki Tsunoda had a wild session, twice spinning, but on both occasions he managed to keep his AlphaTauri out of the barriers to place eighth. Reporting by Steve Keating in Montreal, Editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Gilles Villeneuve, Max Verstappen, Evan Buhler MONTREAL, Red Bull, Verstappen, Circuit Gilles Villeneuve, Ferrari's Charles Leclerc, Aston Martin's Fernando Alonso, Leclerc, Carlos Sainz, Lewis Hamilton, George Russell, Mercedes, Russell 15th, Haas, Kevin Magnussen, Sainz, Alpine's Pierre Gasly, Aston Martin, Yuki Tsunoda, Steve Keating, Ed Osmond Organizations: Prix, Canadian, Formula, Circuit, Ferrari, Thomson Locations: Montreal, Canada, Hamilton

☆ Verstappen on pole after wild Canadian GP qualifying
▼ + stars: | 2023-06-17 | by ( Steve Keating | ) www.reuters.com time to read: +4 min

[1/2] Formula One F1 - Canadian Grand Prix - Circuit Gilles Villeneuve, Montreal, Canada - June 17, 2023 Red Bull's Max Verstappen poses with former F1 driver Jean Alesia after qualifying in pole position REUTERS/Mathieu BelangerMONTREAL, June 17 (Reuters) - Formula One championship leader Max Verstappen put his Red Bull on pole position for the Canadian Grand Prix after heavy rain shook up qualifying on Saturday. Lewis Hamilton, a seven-times winner in Canada, will line up fourth with his Mercedes team mate George Russell fifth. The pole, in a time of one minute and 25.858 seconds, was the 25th of Verstappen's career. Verstappen started from pole last year and held off Ferrari's hard-charging Carlos Sainz for his 26th career win. Fast forward one year and Verstappen with another victory on Sunday can bring his career total to 41, matching Brazilian Ayrton Senna's haul.

Persons: Gilles Villeneuve, Max Verstappen, Jean Alesia, Mathieu Belanger MONTREAL, Bull, Germany's Nico Hulkenberg, Haas, Fernando Alonso, Aston Martin, Lewis Hamilton, Mercedes, George Russell, Verstappen, Carlos Sainz, Ayrton Senna's, Sergio Perez, Red Bull, Perez, Christian Horner, Ferrari's Charles Leclerc, Aston, Lance, Williams Alex Albon, McLaren's Oscar Piastri, Hulkenberg, Pierre Gasly, Frenchman, Sainz, Steve Keating, Alan Baldwin, Ed Osmond Organizations: Prix, REUTERS, Canadian, Aston, Ferrari, Thomson Locations: Montreal, Canada, Holland, London

☆ Formula One statistics for the Canadian Grand Prix
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +3 min

[1/3] Formula One F1 - Canadian Grand Prix - Circuit Gilles Villeneuve, Montreal, Canada - June 19, 2022 Red Bull's Max Verstappen in action during the race REUTERS/Chris Helgren/File PhotoJune 14 (Reuters) - Statistics for Sunday's Canadian Grand Prix at Montreal's Circuit Gilles Villeneuve, race eight of the 22-round Formula One season:Lap distance: 4.361km. Start time: 1800GMT (1400 local)CANADAThis weekend will be the 52nd Canadian Grand Prix, and 42nd in Montreal. Hamilton has won seven times in Montreal (in 2007, 2010, 2012, 2015, 2016, 2017, 2019), including the first of his career. The rain-hit Canadian Grand Prix of 2011 was Formula One's longest race, lasting four hours, four minutes and 39.537 seconds. MILESTONEAlphaTauri's Yuki Tsunoda is starting his 50th grand prix.

Persons: Gilles Villeneuve, Max Verstappen, Chris Helgren, Montreal's Circuit Gilles Villeneuve, Red Bull, Valtteri, Montreal . Hamilton, Michael Schumacher, Fernando Alonso, McLaren, Aston, Lance, Jacques Villeneuve, Verstappen, Ayrton Senna, Bull, Hamilton, Aston Martin's Alonso, Leclerc, Sergio Perez, Aston Martin, Mercedes, Perez, Romeo's, Zhou, George Russell, Yuki Tsunoda, Alfa, Alan Baldwin, Toby Davis Organizations: Prix, Sunday's, Montreal's Circuit, Ferrari, One's, WINS, Bull, Formula One, Spanish, Aston, Alfa Romeo, Thomson Locations: Montreal, Canada, Netherlands, Finland, Montreal ., Canadian, Barcelona, Saudi Arabia, Azerbaijan, London

Despite hitting an 18-month low of 4.70% in April, analysts do not expect India's inflation to fall to the Reserve Bank of India's (RBI) 4% medium-term target in a sustainable manner for some time. India has raised rates by 250 basis points (bps) since May 2022, but surprised analysts in April by keeping them unchanged. India's hold on rates contrasts with recent central bank actions elsewhere. "Our goal is to achieve the inflation target of 4% and keeping inflation within the comfort band of 2-6% is not enough," Das said. Das said that the central bank would remain "nimble" with its liquidity operations amid spikes in overnight rates despite surplus liquidity in the banking system.

Persons: Shaktikanta Das, OIS, Das, Michael Patra, Suvodeep Rakshit, Gaura Sen Gupta, Swati Bhat, Sudipto Ganguly, Ira Dugal, Krishna N, Sam Holmes, Kim Coghill Organizations: REUTERS, Reserve Bank of India's, MPC, Reserve Bank of Australia, Bank of Canada, Reuters, Reuters Graphics Reuters, IDFC, Thomson Locations: Delhi, India, Anushree, MUMBAI

Its oil deals with Russia are seen as undermining Western sanctions by allowing Russia to continue benefiting from energy revenues. A French presidential source told reporters that Brazil's Luiz Inacio Lula da Silva would also meet Zelenskiy while in Hiroshima. [1/9] Ukrainian President Volodymyr Zelenskiy arrives at Hiroshima airport for attending the G7 leaders' summit in Mihara, Hiroshima prefecture, western Japan May 20, 2023., in this photo released by Kyodo. A Chinese foreign ministry statement accused the G7 of attacking China and interfering in its internal affairs, including Taiwan. Reporting by Reuters G7 team in Hiroshima; Writing by David Dolan; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.

HIROSHIMA, Japan, May 20 (Reuters) - Ukraine's Volodymyr Zelenskiy brought his call for support against Russia's invasion to a Group of Seven (G7) summit on Saturday to Japan, where leaders agreed to tighten sanctions against Moscow and pare back exposure to China. 'MEETINGS WITH FRIENDS'[1/7] Ukrainian President Volodymyr Zelenskiy arrives at Hiroshima airport for attending the G7 leaders' summit in Mihara, Hiroshima prefecture, western Japan May 20, 2023., in this photo released by Kyodo. As well as bilateral meetings with G7 leaders, Zelenskiy will also meet the leaders of India and Brazil, two countries that have not distanced themselves from Moscow. Zelenskiy is due to hold a session on Sunday with the G7 before a broader session with the Global South attendees. Reporting by Reuters G7 team in Hiroshima; Writing by David Dolan; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.

G7 members - the United States, Japan, Germany, France, Britain, Italy and Canada - are grappling with the immense challenges posed by Russia's invasion of Ukraine and tensions with China, notably over Taiwan and economic security. The communique was issued shortly after the French government aircraft that brought Zelenskiy to Hiroshima touched down. Zelenskiy will hold bilateral meetings with G7 leaders, but significantly also the leaders of India and Brazil, two countries that have not distanced themselves from Moscow. He is due to hold a session on Sunday with the G7 before a broader session with the Global South attendees. Reporting by Reuters G7 team in Hiroshima; Writing by David Dolan; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.

☆ Zelenskiy gets warm welcome at G7 summit
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

[1/4] Ukraine's President Volodymyr Zelenskiy and Indian Prime Minister Narendra Modi shake hands during the G7 leaders' summit in Hiroshima, Japan May 20, 2023. Ukrainian Presidential Press... Read moreHIROSHIMA, May 20 (Reuters) - Ukraine's President Volodymyr Zelenskiy received a warm welcome in Japan on Saturday after arriving to attend the Group of Seven (G7) summit in Hiroshima for back-to-back bilateral meetings with world leaders. Zelenskiy has so far met with Indian Prime Minister Narendra Modi, France's President Emmanuel Macron, and Britain's Prime Minister Rishi Sunak among others. We will be here to the very end," Macron told Zelenskiy. Modi also made clear his support for dialogue and diplomacy to find a way forward, according to a statement on his office's official Twitter account.

☆ Hiroshima G7 marks costs of war and welcomes Ukraine's Zelenskiy
▼ + stars: | 2023-05-20 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +5 min

[1/5] Ukraine's President Volodymyr Zelenskiy and French President Emmanuel Macron shake hands during the G7 leaders' summit in Hiroshima, Japan May 20, 2023. Zelenskiy will receive a hero's welcome during the closing day of the G7 summit hosted in Hiroshima, Japan, where leaders debated how to respond to a conflict that many expect only to escalate after nearly 15 months of fighting. On Sunday, Japan and South Korea, two of China's wealthiest neighbours, will highlight their improved ties with a joint meeting. But Zelenskiy has pushed the countries to go further on both economic and military measures. "Important meetings with partners and friends of Ukraine," Zelenskiy said on Twitter as he arrived in Hiroshima.

TOKYO, May 20 (Reuters) - Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of international technical standards for trustworthy artificial intelligence (AI) as lawmakers of the rich countries focus on the new technology. The agreement came after European Union, which is represented at the G7, inched closer this month to passing legislation to regulate AI technology, potentially the world's first comprehensive AI law. The G7 leaders mentioned generative AI, the subset popularised by the ChatGPT app, saying they "need to immediately take stock of the opportunities and challenges of generative AI." The heads of government agreed on Friday to create a ministerial forum dubbed the "Hiroshima AI process" to discuss issues around generative AI tools, such as intellectual property rights and disinformation, by the end of this year. The summit followed a G7 digital ministers' meeting last month, where the countries - the U.S., Japan, Germany, Britain, France, Italy and Canada - said they should adopt "risk-based" AI regulation.

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