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☆ One Police Officer Killed, Another Hurt in Kosovo Gunfire - PM Kurti
▼ + stars: | 2023-09-24 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +1 min

PRISTINA (Reuters) - One Kosovo police officer was killed and another injured in a shooting in a village in the north of Kosovo early on Sunday, in the first such major violence in months, Kosovo Prime Minister Albin Kurti said in a statement. "At this moment, gunfire with various caliber firearms against our police is still ongoing," Kurti said in a post on Facebook, describing the incident as terrorist action. Tensions have run high in Kosovo, the former Serbian province, after clashes in May when more than 90 NATO peacekeeping soldiers and some 50 Serb protesters were injured in northern Kosovo. Ethnic Albanians form more than 90% of the population in Kosovo, with Serbs being the majority only in its northern region where a Serb-majority municipalities association is planned. (Reporting by Fatos Bytyci; writing by Daria Sito-Sucic; Editing by Jamie Freed and Bernadette Baum)

Persons: Albin Kurti, Kurti, Josep Borrell, Fatos Bytyci, Daria Sito, Jamie Freed, Bernadette Baum Organizations: Facebook, NATO Locations: PRISTINA, Kosovo, Serbian

☆ One police officer killed, another hurt in Kosovo gunfire, PM Kurti says
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +1 min

PRISTINA, Sept 24 (Reuters) - One Kosovo police officer was killed and another injured in a shooting in a village in the north of Kosovo early on Sunday, in the first such major violence in months, Kosovo Prime Minister Albin Kurti said in a statement. "At this moment, gunfire with various caliber firearms against our police is still ongoing," Kurti said in a post on Facebook, describing the incident as terrorist action. Tensions have run high in Kosovo, the former Serbian province, after clashes in May when more than 90 NATO peacekeeping soldiers and some 50 Serb protesters were injured in northern Kosovo. Ethnic Albanians form more than 90% of the population in Kosovo, with Serbs being the majority only in its northern region where a Serb-majority municipalities association is planned. read moreReporting by Fatos Bytyci; writing by Daria Sito-Sucic; Editing by Jamie Freed and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Albin Kurti, Kurti, Josep Borrell, Fatos Bytyci, Daria Sito, Jamie Freed, Bernadette Baum Organizations: Facebook, NATO, Thomson Locations: PRISTINA, Kosovo, Serbian

☆ Iran says it defused 30 bombs in Tehran, detained 28 people, Tasnim reports
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +1 min

DUBAI, Sept 24 (Reuters) - Authorities in Iran have neutralised 30 bombs meant to go off simultaneously in Tehran and detained 28 terrorists linked to Islamic State, Iran's Tasnim news agency reported on Sunday, citing the intelligence ministry. "Some of the members are of Islamic State (IS) and the perpetrators have a history of being affiliated with Takfiri groups in Syria, Afghanistan, Pakistan and the Kurdistan region of Iraq," Iran's intelligence ministry added in a statement. The militant group has claimed several attacks in Iran, including deadly twin bombings in 2017 that targeted Iran's parliament and the tomb of the Islamic Republic's founder, Ayatollah Ruhollah Khomeini. More recently, IS claimed responsibility for an attack on a Shia shrine last October, where 15 people were killed in the southwestern city of Shiraz. Reporting by Dubai Newsroom Editing by Peter Graff and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Ruhollah Khomeini, Peter Graff, Bernadette Baum Organizations: Islamic, Islamic State, Dubai, Thomson Locations: DUBAI, Iran, Tehran, Islamic State, Syria, Afghanistan, Pakistan, Kurdistan, Iraq, Shiraz

☆ China's Nio calls for 'open attitude' amid EU subsidy probe
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Chinese Nio electric car is seen at Nio's first European plant and power swap station in Biatorbagy, Hungary, September 16, 2022. "We hope that the market environment can be simpler, let the market be the market. The European Commission said China's share of EVs sold in Europe has risen to 8% and could reach 15% by 2025. Its gross margin was 1% in the second quarter, versus 13% in the same quarter last year. Reporting by Zhang Yan and Brenda Goh Editing by Bernadette Baum and Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

Persons: Bernadett Szabo, William Li, Qin Lihong, EVs, Ursula von der Leyen, Li, Tesla, Nio, Zhang Yan, Brenda Goh, Bernadette Baum, Philippa Fletcher Organizations: REUTERS, Rights, HK, European Commission, Chamber of Commerce, Thomson Locations: Biatorbagy, Hungary, Europe, China

☆ UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. UBS' takeover of Credit Suisse, the biggest bank merger since the 2008 global financial crisis, was hastily arranged in March this year by Swiss authorities to avert Credit Suisse's collapse. More than 15 equity researchers were notified earlier this week about the layoffs in Hong Kong, the sources said, adding less than 10 researchers focusing on Hong Kong and China equities will join the UBS team. Credit Suisse did not respond to a Reuters request for comments. Both of them will bring some junior researchers from Credit Suisse, the sources added.

Persons: Denis Balibouse, Charles Zhou, China financials, Kenneth Fong, Zhou, Fong, Sergio Ermotti, Julie Zhu, Kane Wu, Selena Li, Summer Zhen, Sumeet Chatterjee, Bernadette Baum, Emelia Organizations: Credit Suisse, UBS, REUTERS, Credit, Suisse's Securities Research, Reuters, Monday, Asia, China Internet, Thomson Locations: Zurich Switzerland, HONG KONG, Hong Kong, China, Asia Pacific, Asia, Swiss

☆ Poland not supplying Kyiv arms now, 'will see' about future, says minister
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: 1 min

WARSAW, Sept 21 (Reuters) - Poland is not currently supplying arms to Ukraine and "will see" about future deliveries, the state assets minister said on Thursday, after the prime minister said Warsaw was no longer supplying weapons. "At the moment it is as the prime minister said, in the future we will see," Jacek Sasin told private broadcaster radio Plus when asked about Prime Minister Mateusz Morawieci's comments. Reporting by Alan Charlish Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Jacek Sasin, Mateusz Morawieci's, Alan Charlish, Bernadette Baum Organizations: Thomson Locations: WARSAW, Poland, Ukraine, Warsaw

☆ King Charles arrives in France for state visit
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

[1/3] French Prime Minister Elisabeth Borne greets Britain's King Charles ( and Britain's Queen Camilla upon arrival at the Orly Airport on September 20, 2023, on the first day of a state visit to France. Here's the latest:* The plane carrying Charles and Camilla has landed at Paris' Orly airport, where they were greeted by French Prime Minister Elisabeth Borne. Charles and Camilla tweeted in English and French, along with a video of Charles getting on the plane. Your Majesty, welcome," Macron tweeted in English, alongside a video clip of Charles' past visits to France. Macron and Charles have in particular shared correspondence and insight on the restoration of the Notre-Dame cathedral, ravaged by fire in 2019.

Persons: Elisabeth Borne, Britain's King Charles, Queen Camilla, MIGUEL MEDINA, King Charles, Emmanuel Macron, Charles, Camilla, Borne, Mireille, Queen Elizabeth, Parisian Marie, Helene Aubree, Eric Frizzi, he's, Macron, À, Louis XIV, Hugh Grant, Charlotte Gainsbourg, Mick Jagger, Ken Follett, Emma Mackey, Bernard Arnault, Xavier Niel, Arsene Wenger, Didier Drogba, Michel Rose, Ingrid Melander, Bernadette Baum Organizations: French, Airport, REUTERS Acquire, Rights, France's, Parisian, European Union, Notre, Dame, of Mirrors, Thomson Locations: France, Paris, Bordeaux, Britain, of Versailles, British, French

Akasa told the court it cancelled 600 flights in August and would be forced to cancel up to 700 more in September if the resignations continue, the person added. Akasa has dragged the pilots, many of whom have joined rival Air India Express, to court and initiated legal proceedings against the aviation regulator to enforce the notice period. The notice period ranges between 6-12 months, depending on the pilot's rank, according to the aviation regulator. "All our actions are aimed at creating a durable and reliable airline for the long run," Akasa said in a statement. "Akasa is a well-run airline with strong finances and a solid plan," he said.

Persons: Vinay Dube, Akasa, Dube, Aditya Ghosh, Aditi Shah, Varun Vyas, Aditya Kalra, Louise Heavens, Christian Schmollinger, Kim Coghill, Bernadette Baum Organizations: Akasa, Air India Express, IndiGo, country's, Tata, Air India, Go Air, Boeing, Thomson Locations: DELHI, Delhi

Omar Abbosh, chief strategy officer at Accenture, speaks during the annual Cyberweek conference at Tel Aviv University, Israel June 20, 2016. Abbosh, 57, will take over the reins early in 2024 from Bird, 59, whose strategy of selling directly to consumers helped Pearson out of a tumultuous few years during the pandemic. Shares in Pearson were down 5.2% at 838 pence in morning trading in London. Bird sought to sharpen Pearson's focus to selling directly to consumers and away from traditional educational outlets as the pandemic boosted demand for online learning. Pearson would compensate Abbosh for leaving Microsoft, including cash and an award of restricted shares equivalent to a maximum of 50,813 Microsoft shares or about 13 million pounds ($16.06 million) at the current price and foreign exchange rates, it said.

Persons: Omar Abbosh, Amir Cohen, Bird, Pearson, Andy Bird, Abbosh, it’s, Hargreaves, Sophie Lund, Yates, Yadarisa Shabong, Eva Mathews, Janane Venkatraman, Jason Neely, Bernadette Baum Organizations: Accenture, Tel Aviv University, Israel, REUTERS, Microsoft, Pearson, Apollo, Microsoft's Industry Solutions, Walt Disney Co, British, Thomson Locations: Abbosh, Bird, London, Bengaluru

Oil prices continued to push higher, with the international benchmark Brent crude price moving past $95 to its highest since November 2022. Reuters GraphicsInvestors and central bankers are contending with a sharp rise in oil prices as demand has picked up but Saudi Arabia and Russia have limited supply. Samuel Zief, head of global FX strategy at JPMorgan Private Bank, said central banks should not be overly concerned by the run-up in oil prices, which he said should fade as economies slow. "What the central banks are really, really focused on, it's not really the supply-side energy shocks anymore, it's really the sticky services part of the inflation basket," he said. "Pick whatever central bank you want, they're talking about either they're done already or they'll do one more hike and they'll go on pause."

Persons: Germany's DAX, Duncan MacInnes, Jerome Powell's, Samuel Zief, it's, Kazuo Ueda, Harry Robertson, Kevin Buckland, Lewis Jackson, Stephen Coates, Bernadette Baum, Chizu Organizations: Federal Reserve, Bank of England, Bank of Japan, Brent, FTSE, Nasdaq, Reuters Graphics Investors, . West Texas, JPMorgan Private Bank, of England, Bank of, Japan's Nikkei, Tokyo, Reuters, Thomson Locations: TOKYO, Asia, Japan, U.S, Saudi Arabia, Russia, Bank of Japan, London, Tokyo

☆ Some Parisians Unfazed by King Charles' Visit to France
▼ + stars: | 2023-09-19 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

By Noemie OlivePARIS (Reuters) - King Charles' state visit to France, from Wednesday to Friday, may be seen politically as a chance to rebuild ties between the two countries, but some Parisians said they were not impressed, and that they missed the late Queen Elizabeth. Charles, and his wife Queen Camilla, will be guests of honour at a state banquet in the gilded Versailles palace during the visit to France, Charles' first since becoming king a year ago. All this combined together doesn't create much interest," said Mireille, a retiree who liked Queen Elizabeth and her horses. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the Royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not." In Britain, polls suggest Charles is less popular than his mother, who had strong support from much of the public.

Persons: Olive PARIS, King Charles, Queen Elizabeth, Charles, Queen Camilla, France's Patrouille, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Edouard Val de Lievre, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: Notre, Dame, Arrows, Britons Locations: France, Versailles, Britain, Paris, England

☆ Charles is 'just the son': Parisians unfazed by king's visit to France
▼ + stars: | 2023-09-19 | by ( Noemie Olive | ) www.reuters.com time to read: +3 min

Charles, a fluent French speaker like his mother, is keen to walk in her footsteps and is likely to refer to the late queen's deep affection for France during the visit, officials said. All this combined together doesn't create much interest," said the 88-year old, who liked Queen Elizabeth and her horses. As part of the visit, Charles and Camilla will drive down the Champs-Elysees and view restoration works at the Notre-Dame cathedral following a massive blaze in 2019 that destroyed its roof. The trip is also a chance to rebuild ties that have been frayed by Britain's chaotic exit from the EU in 2020. In Britain, polls suggest Charles is less popular than his mother, who had strong support from much of the public.

Persons: Britain's King Charles, Queen Camilla, Princess Royal, Duke, Russell Cheyne, Brexit PARIS, King Charles, Queen Elizabeth, He's, Mireille, Charles, Camilla, France's Patrouille, Alexia Aubert, Elizabeth, King Charles isn't, Edouard Val de Lievre, Michael Holden, Elizabeth Pineau, Ingrid Melander, Bernadette Baum Organizations: Braemar Royal, Princess, REUTERS, Notre, Dame, Arrows, Britons, Thomson Locations: Braemar, Fife, Scotland, Britain, Paris, Bordeaux, France, Versailles, Bresse, England

On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. [1/11]King Charles III with French President Emmanuel Macron as they walk from the Elysee Palace, Paris, to the British Ambassador's Residence, during the state visit to France. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."

Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Elisabeth Borne, Marie, Noelle Ahanso, Noelle, Charles, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Camilla, Macron, Brigitte, King Charles III, Yui Mok, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Juliette Jabkhiro, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: French, Reuters, Arsenal, Notre, Dame, British, REUTERS Acquire, Adelaide de Clermont, Vue, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, Paris, French, Versailles, Ukraine, Sahel, British, Elysee, Adelaide, London

☆ Russia using genocide 'lie' as pretext to destroy, Ukraine tells World Court
▼ + stars: | 2023-09-19 | by ( Stephanie Van Den Berg | ) www.reuters.com time to read: +3 min

THE HAGUE, Sept 19 (Reuters) - Ukraine told the U.N.'s highest court in The Hague on Tuesday that Russia justified waging war against Ukraine by invoking "a terrible lie" that Moscow's invasion was to stop an alleged genocide. "The international community adopted the Genocide Convention to protect. Russia invokes the Genocide convention to destroy," Ukraine's representative Anton Korynevych told judges. When the Genocide Convention is so cynically abused, is this court powerless? Ukraine says there was no risk of genocide in eastern Ukraine, where it had been fighting Russian-backed forces since 2014.

Persons: Anton Korynevych, Korynevych, Oksana Zolotaryova, Alexander Vasilievich Shulgin, Gennady Kuzmin, Stephanie van den Berg, Bernadette Baum Organizations: HAGUE, International Court of Justice, Ukrainian Ministry of Foreign Affairs, International Law, Russia's, Ukraine, Thomson Locations: Ukraine, The Hague, Russia, Russian, Netherlands, Kyiv

On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Her successor, Prime Minister Rishi Sunak, visited France in March to kick off what he called an "entente renewed". Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."

Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Charles, Camilla, Macron, Brigitte, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: Arsenal, Notre, Dame, Adelaide de Clermont, Vue, Reuters, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, of Versailles, British, French, Adelaide, Paris, London

REUTERS/Lee Jae-Won/File Photo Acquire Licensing RightsLONDON/SINGAPORE, Sept 18 (Reuters) - The U.S. dollar hovered near a six-month high on Monday as traders looked ahead to interest rate decisions this week from the Federal Reserve, the Bank of England and the Bank of Japan. the yen was up a similar amount at 147.69 to the dollar, with traders out for a Japanese public holiday. Traders were looking towards central bank decisions later in the week which could shake up the currency market. Investors expect the Federal Reserve to keep interest rates on hold in the 5.25% to 5.5% range on Wednesday. The European Central Bank raised interest rates to 4% last week, but said this hike could be its last.

Persons: Lee Jae, Alvin Tan, RBC's Tan, Kazuo Ueda, Ueda's, Carol Kong, Ueda, Sterling, BoE, Harry Robertson, Vidya Ranganathan, Lincoln, Bernadette Baum, Alexander Smith Organizations: REUTERS, U.S, Federal Reserve, Bank of England, Bank of Japan, Asia FX, RBC Capital Markets, Traders, Investors, Bank of, Commonwealth Bank of Australia, European Central Bank, Thomson Locations: Seoul, SINGAPORE, U.S, Asia, Europe, China, Bank of England, Ukraine, London, Singapore

☆ Prominent German banker on trial in giant tax fraud scheme
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Christian Olearius, former CEO of Warburg Bank looks on as he arrives for Cum-Ex tax fraud trial, at a regional court, in Bonn, Germany, September 18, 2023. REUTERS/Wolfgang Rattay Acquire Licensing RightsBONN, Sept 18 (Reuters) - A top German banker went on trial on Monday accused of playing a role in a multibillion-euro German tax fraud scheme that has ensnared scores of domestic and global banks and hundreds of individuals. The trial that began on Monday in Bonn involves Christian Olearius, the 81-year-old former CEO and chair of the Hamburg-based bank M.M. Prosecutor Stephanie Kerkering told the court that Olearius had conspired with others inside and outside Warburg to engage in the transactions. Earlier this year, a tax lawyer alleged to have masterminded the fraud received a second eight-year jail sentence, the longest to date.

Persons: Olearius, Wolfgang Rattay, Christian Olearius, M.M . Warburg, Stephanie Kerkering, Warburg, Olaf Scholz, Matthias Inverardi, Tom Sims, Friederike Heine, Bernadette Baum Organizations: Warburg Bank, REUTERS, Rights, M.M, Warburg, Thomson Locations: Bonn, Germany, Rights BONN, German, Hamburg, M.M ., Warburg

☆ Morning Bid: Dot plots, oil blots and auto strikes
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +4 min

A nighttime view of Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, diesel fuel, and other refined petroleum products, in Carson, California, U.S., March 11, 2022. But updated quarterly economic and rate projections from its individual policymakers will map out the remainder of the year and 2024. And just like global markets have been discombobulated this month, the central bank will be grappling with low visibility and a plethora of mixed signals. Chief among the irritants for the central banks has been the rebound in crude oil price and the fading annual base effects that have flattered headline disinflation progress this year. Events to watch for on Monday:* U.S. September NAHB Housing Market Survey, July TIC data on foreign holdings of U.S. Treasuries* U.S. Treasury auctions 3- and 6-month bills* European Central Bank Board Member Fabio Panetta speaksReuters Graphics Reuters GraphicsReuters GraphicsReuters GraphicsReuters GraphicsReuters Graphics Reuters GraphicsBy Mike Dolan, editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Bing Guan, Mike Dolan Gatecrashed, That's, Detroit's, Taiwan's, TW, chipmaker, Member Fabio Panetta, Mike Dolan, Bernadette Baum Organizations: Petroleum's, Angeles Refinery, REUTERS, U.S . Federal, Bank of England, Bank of Japan, University of Michigan's, automakers, United Auto Workers, General Motors, Ford, chipmakers, China, HK, Survey, Treasury, Central Bank, Member, Reuters Graphics Reuters, Reuters, Thomson Locations: Angeles, Carson , California, U.S, Saudi, China

☆ 'Neighbours' returns with 'polish' in Amazon reboot of Australian soap
▼ + stars: | 2023-09-18 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

LONDON, Sept 18 (Reuters) - Australian soap opera "Neighbours" made a comeback on Monday in a highly publicised reboot, nearly 14 months after the show wrapped up last year in an emotional finale after running for nearly four decades. Following an outcry from fans, streaming giant Amazon announced in November it would revive the drama, airing it in Britain and the United States on its ad-supported service Amazon Freevee. "The show is still ‘Neighbours’ and it will continue to be ‘Neighbours’, it’s just ‘Neighbours’ with a nice polish," original cast actor Stefan Dennis, who plays the villainous, six-times married businessman Paul Robinson, told Reuters. There is a "bit more thrown at it... but it basically is still the same formula, which is great." Last year's finale saw old stars, including Minogue, return to Ramsay Street, the cul-de-sac where the show is set.

Persons: Kylie Minogue, Margot Robbie, Guy Pearce, Stefan Dennis, Paul Robinson, Minogue, Alan Fletcher, Karl Kennedy, Rebekah Elmaloglou, Terese Willis, Mischa Barton, American Reece, Varga, Murphy, Tim Kano, Leo Tanaka, Marie, Louise Gumuchian, Bernadette Baum Organizations: Britain's, Amazon, Neighbours, Reuters, Thomson Locations: Melbourne, Erinsborough, Australia, Britain, United States, New Zealand, Canada

[1/4] A person shops in the poultry section at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Sept 18 (Reuters) - Canada's five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were difficult discussions with the chains. "They have agreed to support the government of Canada in our efforts to stabilize prices in Canada," Champagne told reporters, without giving details. "We're all committed to finding solutions to stabilize prices ... it's an industry issue.

Persons: Carlos Osorio, Francois, Philippe Champagne, Champagne, Eric La Fleche, We're, It's, Justin Trudeau, Karina Gould, Trudeau, Steve Scherer, David Ljunggren, Bernadette Baum, Bill Berkrot Organizations: REUTERS, Rights, Innovation, Metro, Walmart, Costco, Conservatives, Liberal, Thomson Locations: Toronto , Ontario, Canada, Ottawa, it's

☆ Canada gov't vows draft law soon to tackle inflation, housing crisis
▼ + stars: | 2023-09-18 | by ( Steve Scherer | ) www.reuters.com time to read: +2 min

A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. Prime Minister Justin Trudeau last week announced a tax break designed to boost the construction of new rental apartment buildings and relieve pressure on the Canadian housing market. Later on Monday, the heads of major grocery chains will meet government ministers who are demanding to see a plan to counter soaring food prices. Canadian retailers say they are not to blame for surging food prices, and instead point to food manufacturers and producers for passing on higher costs to the grocers. The grocery chains attending the meeting in Ottawa are Loblaws (L.TO), Sobeys (EMPa.TO), Metro (MRU.TO), Walmart (WMT.N) and Costco (COST.O), which together represent 80% of the Canadian market.

Persons: Carlos Osorio, Justin Trudeau, Chrystia Freeland, Trudeau, Karina Gould, Steve Scherer, David Ljunggren, Bernadette Baum Organizations: REUTERS, Rights, Liberal, Finance, Competition, Conservatives, Metro, Walmart, Costco, Thomson Locations: Toronto , Ontario, Canada, Ottawa

Litigation over the approval of the Willow project is pending. Many of those same voices pressed Biden to approve the Willow project for the same reason. “Once again, the Arctic Refuge is free of oil leases. Haaland later in 2021 ordered a new environmental review after concluding there were “multiple legal deficiencies” underlying the Trump-era leasing program. Major oil companies sat out the sale, held after prominent banks had announced they would not finance Arctic oil and gas projects.

Persons: Biden, Willow, “, Biden's, Deb Haaland, —, ”, Mary Peltola, Jamie Williams, Sen, Dan Sullivan, Haaland, Bernadette Demientieff, ___, Bernadette Demientieff's, Daly Organizations: Republicans, Wildlife Refuge, Trump, National Petroleum Reserve, The, ConocoPhillips, Democratic, Wildlife, U.S, Rep, Willow, Wednesday, Wilderness Society, Alaska Republican, Alaska Industrial Development, Export Authority Locations: JUNEAU, Alaska, ConocoPhillips Alaska, ANWR, America, Alaska Republican U.S, Washington ,

☆ Welcome to Sweaty, Angry Midlife. Here’s Your Sullen Teenager!
▼ + stars: | 2023-09-02 | by ( Sara Austin | ) www.nytimes.com time to read: +2 min

We meet Grace when she’s sitting and sweating in traffic — until, no longer able to bear it, she abandons her car and walks away. She is desperate to get to her teenager’s birthday party across town, hoping to make amends after a fight. An 11th-hour reveal — you may find it moving or manipulative — sheds light on Grace’s particular anxieties. I may be proving the author’s point by noting that her central character can be hard to root for. Try as she might, there is no way to separate your hormones from your true self.

Persons: Grace, she’s, Littlewood, Michael Douglas, Grace Adams, Amy Dunne, Bernadette Fox, Barbie, ”, “, ” Littlewood

The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. The change in CFO will not likely impact Winters' departure timing greatly, Britzman said, with the StanChart CEO more focused on hitting the lender's key performance goals. De Giorgi previously held senior roles at Bank of America Merrill Lynch, including head of global investment banking. Before then, he worked in equity capital markets and financial institutions at Goldman Sachs (GS.N), rising to become chief operating officer for the investment bank by the time of his departure in 2012. That long period of underperformance has seen the bank's shares fall nearly 30% since Winters took over as CEO in June 2015.

Persons: Peter Nicholls, Diego De Giorgi, Andy Halford, De Giorgi, Halford, Matt Britzman, Hargreaves, Bill Winters, Frederic Oudea's, Winters, Britzman, We've, Bank of America Merrill Lynch, Goldman Sachs, Joe Dickerson, StanChart, underperformance, Iain Withers, Lawrence White, Radhika Anilkumar, Bernadette Baum, David Holmes Organizations: Chartered, REUTERS, Bank of America, Pegasus, British, Societe Generale, Goldman, Jefferies, Thomson Locations: London, Britain, Pegasus Europe, Asia, Africa, Bengaluru

REUTERS/Seth Wenig/File Photo Acquire Licensing RightsAug 30 (Reuters) - The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to 3.6 million salaried workers, going even further than an Obama-era rule that was struck down in court. The proposed rule would not affect overtime eligibility for workers who are paid hourly. Salaried workers who earn above the salary threshold may still be eligible for overtime pay if they do not primarily perform management-related duties. But a federal judge in Texas the following year said that ceiling was so high that it could sweep in some management workers who are exempt from overtime pay protections. Ben Brubeck, vice president of construction trade group Associated Builders and Contractors, on Wednesday called the proposed rule disappointing.

Persons: Seth Wenig, Joe Biden, Obama, Trump, Jessica Looman, Looman, Ben Brubeck, DOL, Brubeck, Daniel Wiessner, Bernadette Baum, Bill Berkrot Organizations: Brooklyn, REUTERS, U.S, U.S . Department of Labor, Labor Department, Workers, Associated Builders and Contractors, Thomson Locations: New York, California, Texas, Albany , New York

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