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☆ Dollar up after inflation data boost
▼ + stars: | 2023-10-13 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. Data on Wednesday had shown U.S. producer prices increased more than expected in September amid higher costs for energy products and food. The dollar index , which measures the U.S. currency against six of its major peers, ticked up 0.11% to 106.63. Sweden's crown , edged up against both the dollar and euro after consumer price data came in higher-than-forecast, adding to risks that the Riksbank could raise rates further. Investors also digested producer and consumer prices data out of China on Friday that showed deflationary pressures were slightly stronger than expected.

Persons: Jose Luis Gonzalez, Helen, Jonas Goltermann, Patrick Harker, Adam Cole, Saqib Iqbal Ahmed, Brigid Riley, Samuel Indyk, Miral Fahmy, Mark Potter, Alexander Smith, Jonathan Oatis Organizations: REUTERS, U.S, Federal, Reuters, PPI, Capital Economics, Fed, Federal Reserve Bank of Philadelphia, RBC, of Canada, Thomson Locations: Ciudad Juarez, Mexico, Israel, Gaza, Sweden's, China

☆ A photographer 'accidentally' found a way to help hundreds of dogs get adopted
▼ + stars: | 2023-10-13 | by ( Quek Jie Ann | ) www.cnbc.com time to read: +3 min

Rachael Rodgers is a photographer who documents her road trips on Instagram. And it all started with an Instagram post, she said. Rachael Rodgers PhotographerHer first post about a rescue dog went viral, and she's been photographing canine companions ever since, she said. The need for better representationRodgers told CNBC Travel that traveling with rescue dogs can be challenging, but the need to represent them motivates her to keep volunteering. Source: Rachael Rodgers

Persons: Rachael Rodgers, aren't, —, Rodgers, she's, Wilma, Lillian Albon, Feta Organizations: CNBC, Rescue Foundation, Whitehorse Humane Society, CNBC Travel Locations: Instagram, Exshaw, Alberta, Canada, — Washington , Utah, Oregon, Paddy, Aurora, Moraine Lake , Alberta, Yukon, Whitehorse

OTTAWA, Oct 12 (Reuters) - The Canada Energy Regulator (CER) said on Thursday it will make a preliminary decision on Trans Mountain Corp's proposed shipping tolls for its oil pipeline expansion project this autumn, before holding a hearing on the tolls next year. The timing of the decision aims to ensure interim tolls are in place when the pipeline expansion becomes operational, the regulator said in a statement. The 590,000 barrel-per-day Trans Mountain expansion project (TMEP) will nearly triple the flow of oil from the province of Alberta to Canada's Pacific Coast and is expected to start operating late in the first quarter of 2024. But shippers including Canadian Natural Resources (CNQ.TO) and Cenovus Energy (CVE.TO) are disputing the interim tolls proposed by Trans Mountain, arguing a portion of the base toll is too high. "After service begins on the TMEP and final costs are known, Trans Mountain can request approval from the Commission of the CER for final tolls," the regulator said.

Persons: CER, Nia Williams, Ismail Shakil, Leslie Adler, Bill Berkrot Organizations: OTTAWA, Canada Energy Regulator, Natural Resources, Cenovus Energy, Canadian, Thomson Locations: Alberta, Coast, Trans

☆ Canada news industry body backs Google's concerns about online news law
▼ + stars: | 2023-10-12 | by ( Ismail Shakil | ) www.reuters.com time to read: +3 min

The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsOTTAWA, Oct 12 (Reuters) - A Canadian news industry body on Thursday lent support to some of Google's concerns about a new law that aims to make large internet companies share advertising revenue with news publishers in the country. Canada tried addressing tech companies' concerns about the law in draft rules released in September, but Google and Meta Platforms META.O were not convinced. "We are aligned that there should be a firm ceiling, rather than a floor on financial liability," Deegan said in the statement. "We will continue to engage those with questions or concerns, including tech giants," Heritage Minister Pascale St-Onge said in a statement, adding that Ottawa will be reviewing submissions received during public consultation for the draft rules.

Persons: Shannon Stapleton, Paul Deegan, Deegan, Pascale St, Onge, Ismail Shakil, Jonathan Oatis Organizations: Google, Chelsea, REUTERS, Rights OTTAWA, News Media Canada, Globe and Mail, Toronto Star, NMC, Globe, Thomson Locations: New York City, U.S, Canada, Ottawa

☆ Canadian dollar dips as oil prices pull back
▼ + stars: | 2023-10-11 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch/File Photo Acquire Licensing RightsSummary Canadian dollar weakens 0.1% against the greenbackTrades in a range of 1.3572 to 1.3623Price of U.S. oil settles 2.9% lower10-year yield eases 6.1 basis pointsTORONTO, Oct 11 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday, giving back some recent gains, as oil prices fell and investors turned attention to a key U.S. inflation report. On Tuesday, it touched its strongest intraday level since Oct. 2 at 1.3567, supported by a drop in bond yields globally and higher oil prices after conflict broke out over the weekend in the Middle East. I think that's one of the reasons that CAD is a little weaker today," said Erik Bregar, director, FX & precious metals risk management at Silver Gold Bull. U.S. crude oil futures settled 2.9% lower at $83.49 a barrel after top OPEC producer Saudi Arabia pledged to help stabilize the market.

Persons: Mark Blinch, Price, Erik Bregar, Bregar, clawing, Fergal Smith, Jonathan Oatis Organizations: REUTERS, greenback, U.S, Bull, Saudi, Federal Reserve, Thomson Locations: Toronto, TORONTO, U.S, Saudi Arabia, Thursday's U.S

☆ Analysis: Canada's Trudeau, far behind in polls, remains the Liberals' best chance
▼ + stars: | 2023-10-11 | by ( Steve Scherer | ) www.reuters.com time to read: +4 min

[1/3] Canada's Prime Minister Justin Trudeau speaks at the close of the Seventh Assembly of the Global Environment Facility (GEF) in Vancouver, British Columbia, Canada August 25, 2023. Right now, most opinion polls show Trudeau significantly trailing his newest rival, Conservative leader Pierre Poilievre. But none are perceived to be as scrappy and determined at retail politics as Trudeau is, Liberal insiders and pollsters say. No Canadian prime minister since Wilfrid Laurier in 1908 has won four consecutive elections. In 2015, Ekos had the Liberals down 22 percentage points in the spring and Trudeau won a majority in the fall.

Persons: Justin Trudeau, Chris Helgren, Liberal Party's, Trudeau, Pierre Poilievre, Chrystia Freeland, Mark Carney, Wilfrid Laurier, Frank Graves, I'm, HOUDINI, Poilievre, Angus Reid, Shachi Kurl, Darrell Bricker, It's, Ekos, We've, we've, Kurl, Houdini, Steve Scherer, David Ljunggren, Denny Thomas, David Gregorio Our Organizations: Seventh Assembly of, Global Environment, REUTERS, Rights OTTAWA, Canadian, Liberal, Conservative, Conservatives, Liberal Party, Ekos Research, Angus Reid Institute, Liberals, Ipsos Public Affairs, Thomson Locations: Vancouver , British Columbia, Canada, Trudeau's, British Columbia, New Delhi

☆ NASA reveals a pristine sample collected from a near-Earth asteroid
▼ + stars: | 2023-10-11 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —A pristine asteroid sample that could serve as a time capsule from the early days of our solar system has finally been revealed. “Far exceeding our goal of 60 grams, this is the biggest carbon-rich asteroid sample ever return to Earth. It’s the largest asteroid sample returned to Earth. The burst of gas lifted rocks and dust all the way from 19 inches (50 centimeters) beneath the space rock’s surface. About 70% of the sample will remain pristine in storage so future generations with better technology can learn even more than what’s now possible.

Persons: Bill Nelson, ” Nelson, Erika Blumenfeld, Joseph Aebersold, NASA’s OSIRIS, REx, Bennu, REx mission’s, Dante Lauretta, OSIRIS Organizations: CNN, NASA, agency’s, Space Center, Canadian Space Agency, Japanese Aerospace Exploration Agency Locations: Utah, Houston

Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. Unifor said it would go on strike at GM's Oshawa assembly complex, St. Catharines powertrain plant and the Woodstock parts distribution center, all in Ontario. Members at the CAMI Assembly Plant in Ingersoll, Ontario, are not on strike because they are covered by a separate agreement. GM has lost 34,176 vehicles of production since the start of the UAW strike, according to an estimate by Deutsche Bank. The UAW has struck two GM assembly plants in the United States and 18 parts distribution centers.

Persons: Mark Blinch, Unifor, Wells Fargo, Wells, Lana Payne, Shivansh Tiwary, Jyoti Narayan, David Shepardson, Mark Potter, Matthew Lewis Organizations: General Motors, REUTERS, General, GM, St, Chevrolet, Chevrolet Silverado, GM North America, Ford Motor, Unifor, United Auto Workers, UAW, Deutsche Bank, Ford, Chrysler, Unions, Thomson Locations: Oshawa, Canada, U.S, St, Catharines, Woodstock, Ontario, St . Catharines, CAMI, Ingersoll , Ontario, United States, Bengaluru, Washington

The walkout by workers came after Canadian union Unifor said GM was "stubbornly refusing" to match the contract the labor union reached with Ford Motor (F.N), which offered wage increases of up to 25% in Canada. The walkout adds to the headache faced by the automaker in the U.S. where it is racking up millions of dollars in losses per week due to the United Auto Workers (UAW) strike that started Sept. 15. GM has lost 34,176 vehicles of production since the start of the UAW strike, according to an estimate by Deutsche Bank. GM has laid off 2,300 U.S. workers due to the impacts of the UAW strike. At the Oshawa plant, workers build Chevrolet Silverado trucks, one of GM's most profitable models, while the plant's stamping operations supply various parts for GM North America.

Persons: Mark Blinch, Unifor, Lana Payne, Wells Fargo, Shivansh Tiwary, Jyoti Narayan, David Shepardson, Jamie Freed, Arun Koyyur, Mark Potter Organizations: General Motors, REUTERS, General, Ford Motor, GM, Detroit Three, Unifor, United Auto Workers, UAW, Deutsche Bank, St, Chevrolet, Chevrolet Silverado, GM North America, Oshawa, Catharines, Ford, Chrysler, Thomson Locations: Oshawa, Canada, U.S, United States, St, Catharines, Woodstock, CAMI, Ingersoll , Ontario, St . Catharines, Bengaluru, Washington

Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. GM has lost 34,176 vehicles of production since the start of the UAW strike in September, according to an estimate by Deutsche Bank. At the Oshawa plant, workers build light- and heavy-duty Chevrolet Silverado trucks, one of GM's most profitable models, while the plant's stamping operations supply various parts for GM North America. Unifor has used the "pattern bargaining" approach in its talks, reaching a deal first with Ford and then expecting GM and Stellantis to match. Unifor represents about 18,000 workers at the Canadian facilities of Ford, GM and Chrysler parent Stellantis (STLAM.MI).

Persons: Mark Blinch, GM, Lana Payne, Unifor, Shivansh Tiwary, Jyoti Narayan, Christian Schmollinger, Jamie Freed, Arun Koyyur Organizations: General Motors, REUTERS, General, U.S, Ford Motor, GM, Detroit Three, Unifor, United Auto Workers, UAW, Deutsche Bank, St, Chevrolet, Chevrolet Silverado, GM North America, Ford, Chrysler, Unions, Thomson Locations: Oshawa, Canada, U.S, St, Catharines, Woodstock, CAMI, Ingersoll , Ontario, St . Catharines, Bengaluru

☆ Canadian union Unifor strikes at GM after contract talks fail
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +3 min

GM was disappointed about being unable to reach a deal at this time but will continue to negotiate with Unifor, the automaker said in a statement. Unifor represents about 18,000 workers at the Canadian facilities of the Detroit Three automakers, which also include Ford (F.N) and Chrysler parent Stellantis (STLAM.MI). Unifor last month ratified a new three-year contract with Ford that offered wage increases of up to 25% to more than 5,600 workers at its Canadian facilities. Unifor said last week that GM was "resisting" a number of important elements of its agreement with Ford. The union had chosen the company as its second bargaining target of the Detroit Three automakers after Ford.

Persons: Mark Blinch, Unifor, Lana Payne, Mack Trucks, Jason Gale, ” Unifor, Shivansh Tiwary, Jyoti Narayan, Christian Schmollinger, Jamie Freed Organizations: General Motors, REUTERS, General, North, Unifor, Detroit Three, Ford, Chrysler, United Auto Workers, UAW, Volvo Group, Detroit, Thomson Locations: Oshawa, St, Catharines, Woodstock, United States, Canada, Ontario, Bengaluru

☆ General Motors reaches deal with Canadian autoworkers hours after union initiates strikes
▼ + stars: | 2023-10-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT — General Motors has reached a tentative agreement for nearly 4,300 Canadian autoworkers after the union representing those workers called a national strike early Tuesday. Canadian union Unifor said Tuesday afternoon the "strike actions are on hold to allow the membership to vote on the tentative agreement." Unifor initiated a national strike after the sides failed to reach a deal by an 11:59 p.m. Monday deadline. The Canadian engine plant marked a major concern for the automaker, which also is facing U.S. strikes by the United Auto Workers union. Unifor said the tentative deal with GM follows a ratified agreement reached last month with Ford Motor.

Persons: Rob Nimigon, Unifor, Lana Payne Organizations: Chevrolet Silverado, General, DETROIT —, Motors, Chevrolet, General Motors, United Auto Workers, GM, Ford Motor, Ford Locations: Oshawa, Oshawa , Ontario, Canada, DETROIT, U.S

☆ eBay's first chief AI officer is building AI tools to change how people shop online, saying the AI 'paradigm shift' will happen in three phases
▼ + stars: | 2023-10-10 | by ( Madeline Stone | ) www.businessinsider.com time to read: +6 min

E-commerce companies eBay and Shopify are both building tools that enable online sellers to use AI. eBay chief AI officer Nitzan Mekel-Bobrov said he sees AI bringing a "paradigm shift" to e-commerce. AdvertisementAdvertisementNitzan Mekel-Bobrov joined eBay as the company's first chief AI officer in 2021. Internally, eBay is also developing AI tools that are aimed at improving productivity and creativity for its engineers, analysts, and content creators. Jaffer told Insider that business owners often have specific needs that aren't easily solved by the AI tools that are widely accessible today.

Persons: Nitzan, Bobrov, —, We've, Miqdad, Jaffer, Shopify, They've Organizations: eBay, Service, Canadian, eBay's, Harvard Business School Locations: Shopify

☆ Canadian autoworkers strike against General Motors, joining UAW
▼ + stars: | 2023-10-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Richard Lautens | Toronto Star | Getty ImagesDETROIT — Labor strikes are now an international issue for General Motors after the Detroit automaker failed to reach a tentative agreement by Monday for roughly 4,300 workers represented by Canadian union Unifor. The Canadian autoworkers will join roughly 9,200 United Auto Workers members who are on strike in the U.S. at two assembly plants and 18 parts and distribution centers for GM. Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023. Rebecca Cook | ReutersUnifor, which represents 18,000 Canadian workers at the Detroit automakers, took a more traditional approach to its negotiations than its U.S. counterpart. The Canadian union is negotiating with each automaker separately and using a deal first reached last month with Ford as a "pattern" for GM and Chrysler parent Stellantis .

Persons: Lana Payne, UNIFOR, Richard Lautens, Rebecca Cook, Payne Organizations: Metro Toronto Convention, Toronto Star, Getty, DETROIT — Labor, General Motors, Detroit, United Auto Workers, GM, Chevrolet Silverado, Unifor, UAW, General Motors Lansing Delta Plant, Reuters Unifor, Detroit automakers, U.S ., Ford, Chrysler Locations: Canadian, U.S, Ontario, Delta Township , Michigan, Canada

☆ Canadian autoworkers go on strike at GM plants
▼ + stars: | 2023-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

But the plants that are on strike could affect GM’s US operations, because its engines and transmissions are used in vehicles built here. GM already is dealing with a strike by the United Auto Workers union at two of its US assembly plants and a strike of 18 parts distribution centers across 20 states. The UAW is also on strike against plants at GM rivals Ford and Stellantis, which builds cars under the Jeep, Ram, Dodge and Chrysler names. GM had already disclosed that it lost $200 million in the first two weeks of the UAW strike, which began on September 15. The UAW remained on strike at the GM plants where its members had already walked out.

Persons: “, ” Unifor, Shawn Fain Organizations: New, New York CNN, General Motors, Ford, Silverado, GM’s, United Auto Workers, UAW, GM, Jeep, Dodge, Chrysler, EV Locations: New York, Canada, Oshawa , Ontario, St . Catharines , Ontario, GM’s CAMI, Ingersoll , Ontario, Flint , Michigan, Fort Wayne , Indiana

[1/2] Euro and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. The euro fell 0.19% to $1.0566 but the dollar index , a measure of the U.S. currency against six others, retreated 0.16% after earlier trading higher. The Japanese yen , another traditional safe-haven currency, edged higher 0.57% higher to 148.47 per dollar. Net long positions on the dollar rose to a one-year high, according to U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $10.55 billion for the week ended Oct. 6.

Persons: Dado Ruvic, Benjamin Netanyahu, Brad Bechtel, Bechtel, Marc Chandler, I'm, Chandler, Sterling, Swedish krona, Paul Mackel, Herbert Lash, Joice Alves, Rae Wee, Christina Fincher, Mark Potter, Will Dunham, Leslie Adler Organizations: U.S, REUTERS, Bank of Israel, FX, Jefferies, Hamas, Bannockburn Global, U.S ., Canadian, New, Norwegian, U.S . Commodity Futures, Commission, Federal Reserve, Group, HSBC, Golden, Reuters, Thomson Locations: Israel, Palestinian, Gaza, Israeli, New York, Japan, Bannockburn, New Zealand, Swedish, U.S, Asia, London, Singapore

☆ Fact Check: Video shows Putin criticizing former Canadian speaker, not Trudeau
▼ + stars: | 2023-10-09 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video showing Russian President Vladimir Putin criticizing former speaker of the Canadian House of Commons Anthony Rota for praising Yaroslav Hunka, a veteran who served in a Nazi unit during World War Two, has been cropped to falsely claim that Putin was insulting Canadian Prime Minister Justin Trudeau. “Justin Trudeau just got called an idiot by Vladimir Putin,” read a post on messaging platform X, formerly known as Twitter. The video shows Putin delivering his annual speech to the Moscow-based think tank Valdai Discussion Club in the Russian Black Sea resort of Sochi on Oct. 5. Putin called the Canadian parliament's standing ovations to honor Hunka "disgusting," and said it showed Moscow was right to "denazify" Ukraine, Reuters reported. Vladimir Putin insulted Anthony Rota, not Justin Trudeau.

Persons: Vladimir Putin, Anthony Rota, Yaroslav Hunka, Putin, Justin Trudeau, “ Justin Trudeau, ”, Hitler, Hunka, Rota, Volodymyr Zelenskiy, Trudeau, Read Organizations: Canadian, of, Nazi, Twitter, Canadian Nazi, Canada, Russia, Nazi Waffen SS, Reuters, Thomson Locations: Moscow, Russian, Sochi, Canada, Canadian, Ukraine

☆ The fastest private jets in the world ranked by speed
▼ + stars: | 2023-10-08 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

The Bombardier Global 8000 is poised to become the world's new fastest private jet come 2025. AdvertisementAdvertisementHere are some of the fastest private jets in the world — with one actually exceeding Mach 1 during a test flight. The G280 and G400 siblings have a maximum operating speed of Mach 0.85 and 0.90, respectively — making the latter also one of the world's fastest private jets. Dassault Falcon 10X: Mach 0.925 (710 mph)Dassault Aviation's new Falcon 10X private jet is scheduled to debut in 2025. Bombardier Global 8000: Mach 0.94 (721 mph)Private charter company NetJets will be the launch customer of the Global 8000.

Persons: —, they're, Dominique Boutin, Taylor Swift, Mike Fuchslocher, FlightGlobal Organizations: Bombardier Global, Manufacturers, Service, Boeing, Dassault Falcon, Getty, Dassault 7X, Bombardier, Gulfstream, Dassault, Falcon, Dassault Aviation, Gulfstream G700, Gulfstream Gulfstream, Qatar Airways Executive, —, Paris Air Show, Cessna, Textron Aviation, Private, Galactic's Locations: Concord

In Canada, homeowners can take out five-year mortgages, unlike in the U.S. where customers can snag a 30-year mortgage. In some cases, renewed home loan rates could reach 7%, which would push up the average Canadian mortgage by at least a few hundred dollars per month, mortgage brokers estimate. Canadians are already struggling to repay their debts amid high costs of living and rising interest rates. "This dramatic rise in bond yields means that when the computer chugs along and sets up the rates for next week, they will be using higher rates based on these high bond yields," Toronto-based mortgage broker Ron Butler said. He suggests that the spike in bond yields over the past month could on average add C$600 in monthly payments.

Persons: Lars Hagberg, Daniel Vyner, Wowa, Ron Butler, Justin Trudeau's, Hanif Bayat, Butler, Nivedita Balu, Fergal Smith, Denny Thomas, Josie Kao Organizations: REUTERS, Rights, Capital, Bank of, Canada Mortgage, Housing Corp, Bank of Canada, Mortgage Professionals Canada, Thomson Locations: Ottawa , Ontario, Canada, U.S, Toronto

☆ Why even those winning 'the capitalist game' feel insecure, says Debt Collective co-founder
▼ + stars: | 2023-10-07 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

The security cameras were there, at least in part, to make the workers feel insecure about holding on to their jobs, Taylor writes. "We can see the degree to which unnecessary suffering is widespread even among those who appear to be 'winning' according to the logic of the capitalist game," Taylor writes. Astra Taylor: I think there is existential insecurity. by author Astra Taylor Courtesy: Astra TaylorAN: How would being more honest about our own vulnerabilities help? Working with the Debt Collective, I see how lucky we were that we didn't have to take on a lot of medical debt.

Persons: Astra Taylor, Taylor, Massey, Margaret Atwood, Noam Chomsky, Annie Nova, I've Organizations: Astra, Astra Taylor's, Brooklyn café, Finance, Social Security, Security, Canadian Broadcasting Corp Locations: American

☆ Drake called out by Pet Shop Boys for singing chorus of one of their hits on new song without permission
▼ + stars: | 2023-10-07 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Drake recently dropped his eighth studio album, and it apparently comes with a bit of controversy. English band the Pet Shop Boys called the Canadian singer out on X, formerly Twitter, on Friday – the day Drake released his “For All the Dogs” album. “Surprising to hear @Drake singing the chorus of ‘West End girls’ in the track ‘All the Parties’ on his new album,” the band’s tweet read. “No credit given or permission requested.”Toward the end of the “Parties” track, Drake does indeed sing the chorus of “West End Girls,” the Pet Shop Boys’ hit song off their 1986 album “Please.”CNN has reached out to representatives of Drake for comment. The Pet Shop Boys perform on the Other Stage at the Glastonbury festival near the village of Pilton in Somerset, southwest England, on June 26, 2022.

Persons: CNN — Drake, Drake, @Drake, ”, Andy Buchanan, “, ” Drake Organizations: CNN, ” CNN, Getty Locations: Canadian, Glastonbury, Pilton, Somerset, England, AFP

☆ Amazon launches its first internet satellites as Jeff Bezos looks to rival SpaceX's Starlink
▼ + stars: | 2023-10-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

The first two satellites for Amazon's Project Kuiper internet service were launched on Friday. AdvertisementAdvertisementAmazon launched its first two satellites into orbit on Friday in a challenge to Elon Musk's Starlink internet service. AdvertisementAdvertisementThe launch was delayed from late 2022 after changes were made to the rocket-delivery system used to launch the satellites. United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon's space internet network. Thank you to all of our customers around the world 🛰️🌎❤️ → https://t.co/D6L8BSisQq pic.twitter.com/jVfWTEfHkz — Starlink (@Starlink) September 23, 2023Satellite internet networks bring faster connectivity to rural communities, bridging the digital gap.

Persons: Elon Musk's Starlink, —, Elon Musk's, Rajeev Badyal, Elon Organizations: Service, Atlas, United Launch, Kuiper, United Launch Alliance, V, Anadolu Agency, SpaceX

Bunge Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 5 (Reuters) - Shareholders of global grains merchant and oilseeds processor Bunge (BG.N) approved the company's acquisition of Glencore-backed (GLEN.L) Viterra during a shareholder meeting on Thursday, Bunge said in a statement. The merger, which will create a company worth $34 billion including debt, is expected to be finalized in mid-2024 after closing conditions are met and regulators have signed off on the deal, Bunge said. Bunge shareholders on Thursday also approved the issuance of 65,611,831 common shares and a move of Bunge's incorporation to Switzerland from Bermuda. Bunge's Viterra acquisition would make the world's largest oilseed processor more dominant as it aims to capitalize on soaring demand for vegetable oils to produce biofuels.

Persons: Dado Ruvic, Bunge, Archer, Greg Heckman, Karl Plume, Tom Hogue Organizations: Bunge, REUTERS, Daniels, Midland, Cargill, Thomson Locations: Switzerland, Bermuda, Chicago

The jobless rate stayed at 5.5% for a third consecutive month, Statistics Canada said. Wage growth is also beating market expectations," said Michael Greenberg, a portfolio manager for Franklin Templeton Investment Solutions. "Despite the aggressive rate hikes by the Bank of Canada, clearly demand remains strong and companies continue to hire. Money markets increased bets for a rate increase later this month after the jobs figures were published. With September's robust gains, the economy is averaging 30,000 monthly employment growth this year, up from 25,000 a month earlier.

Persons: Carlos Osorio, Michael Greenberg, Greenberg, Derek Holt, Holt, haven't, they've, we're, Statscan, Ismail Shakil, Nivedita Balu, Steve Scherer, Fergal Smith, Dale Smith, Mark Porter Organizations: Queen, West, REUTERS, Rights OTTAWA, Statistics, Reuters, Franklin Templeton Investment Solutions, Bank of Canada, Scotiabank, Thomson Locations: Toronto Ontario, Canada, Statistics Canada, U.S, Ottawa

☆ Buenos Aires Cirque du Soleil show honors 'superhero' Messi
▼ + stars: | 2023-10-06 | by ( Lucila Sigal | ) www.reuters.com time to read: +1 min

[1/5] An acrobat trains during a rehearsal before the premiere of the Cirque du Soleil's show inspired by Argentine soccer star Lionel Messi "Messi10", in Buenos Aires, Argentina September 29, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 6 (Reuters) - Mimicking soccer moves and with a musical backdrop overlaid with enthusiastic TV commentary, Cirque du Soleil launched a show in Buenos Aires this week that celebrates beloved Argentine football star Lionel Messi. The Argentine team shirt with the Messi 10 on the back is like Superman's cape," said producer Diego Saenz at a rehearsal of the show, which features artists and acrobats from 15 countries. The show is set to tour across Latin America next year, likely ending in Miami. Reporting by Lucila Sigal, Writing by Rosalba O'Brien, Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Lionel Messi, Mariana Nedelcu, Diego Saenz, Lucila Sigal, Rosalba O'Brien, Sandra Maler Organizations: REUTERS, du Soleil, Argentine, Messi, Thomson Locations: Argentine, Buenos Aires, Argentina, BUENOS AIRES, Qatar, Canadian, America, Miami

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