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"I think the entire Taiwan semiconductor industry - in our essence, in our R&D and manufacturing, and in our global layout - will undergo a comprehensive improvement and transformation." Key to the development of the industry is stable and renewable energy, Hou, the chairman of the Taiwan Semiconductor Industry Association, told its annual meeting in the chip hub of Hsinchu. Last month, the association made four key appeals to the government, among them the stable supply of green energy, as Taiwan's chip industry aims to seize the AI opportunity, Hou said. In 2021, Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said it aimed to reach net zero emissions by 2050, matching a government target set that year by President Tsai Ing-wen. GlobalWafers (6488.TWO) CEO Doris Hsu told reporters that while AI will be a key driver of rapid growth in the next decade, Taiwan's chip industry faces several pressures as it grows.

Persons: Ann Wang, Cliff Hou, Hou, Tsai Ing, Doris Hsu, Hsu, Sarah Wu, Ben Blanchard, Clarence Fernandez, Raju Gopalakrishnan Organizations: REUTERS, Rights, Taiwan, Taiwan Semiconductor Industry Association, Taiwan Semiconductor Manufacturing Co, Thomson Locations: Tainan, Taiwan, Rights HSINCHU, Hsinchu

☆ Canada to ramp up verification of student admissions to curb immigration fraud
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

Marc Miller speaks at a news conference about how and when Canada will share historical documents related to residential schools in Ottawa, Ontario, Canada January 20, 2022. REUTERS/Patrick Doyle/File Photo Acquire Licensing RightsOTTAWA, Oct 27 (Reuters) - Canada will step up the verification of university acceptance letters as it seeks to prevent immigration by fraudsters who target international students, Immigration Minister Marc Miller said on Friday. Canada is a popular destination for international students since it is relatively easy to obtain a work permit, but the student immigration system is rife with fraud and "perverse incentives," Miller told reporters in Brampton, Ontario. Such institutions could benefit from faster student permit application processing, Miller said, adding that more details will be shared next year. Canada depends on immigration to drive its economy and support an aging population, and Prime Minister Justin Trudeau has been ramping up annual immigration.

Persons: Marc Miller, Patrick Doyle, fraudsters, Miller, Justin Trudeau, Ismail Shakil, Jonathan Oatis Organizations: REUTERS, Rights OTTAWA, Immigration, Canada, Thomson Locations: Canada, Ottawa , Ontario, Brampton , Ontario, Ottawa

☆ Shein deepens its relationship with Forever 21, will begin selling co-branded clothes online
▼ + stars: | 2023-10-27 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Shein and Forever 21 are slated to unveil a co-branded clothing line after the two retailers launched a joint venture earlier this year that turned the would-be competitors into partners, the companies announced on Friday. Under the partnership, Shein will design, manufacture and distribute a line of co-branded Forever 21 apparel and accessories that will be sold primarily on Shein's website. The announcement comes about two months after Shein and Forever 21's operator Sparc Group inked a deal that saw both companies take a stake in each other's businesses. Under the agreement, Shein acquired about one-third of Sparc Group — a joint venture that includes brand management firm Authentic Brands Group and mall owner Simon Property Group — while Sparc took a minority stake in Shein. For Forever 21, its partnership with Shein helps the retailer to regain the relevancy it once had in the mid-2010s and win over younger customers who are more likely to shop online than they are in malls.

Persons: Shein, doesn't, Jamie Salter Organizations: Sparc, Sparc Group, Authentic Brands Group, Simon, Group Locations: Ontario Mills, Ontario, Shein, China, U.S

☆ Talks Set to Resume in St. Lawrence Seaway Strike
▼ + stars: | 2023-10-26 | by ( Robb M. Stewart | ) www.wsj.com time to read: 1 min

A tugboat pushes a barge through the Welland Canal near Port Colborne, Ontario. The Welland Canal is part of the St. Lawrence Seaway. Photo: James MacDonald/Bloomberg NewsThe Canadian company responsible for managing the key St. Lawrence Seaway will resume negotiations later this week in an effort to end a strike that has shut the trade route that connects the Great Lakes with the Atlantic Ocean. St. Lawrence Seaway Management said talks with trade union Unifor are set for Friday morning. Negotiations over a wage deal broke down over the weekend and about 360 workers who operate lock systems, bridges and other infrastructure along the Canadian side of the seaway walked off the job just after midnight Sunday.

Persons: James MacDonald Organizations: Lawrence Seaway, Bloomberg, The Canadian, Lawrence Seaway Management, seaway Locations: Welland, Port Colborne , Ontario, St, Lawrence

☆ Senators forward Pinto handed 41-game suspension for sports betting
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

Jan 25, 2023; Ottawa, Ontario, CAN; Ottawa Senators center Shane Pinto (57) skates to the bench after scoring in thew first period against the New York Islanders at the Canadian Tire Centre. Mandatory Credit: Marc DesRosiers-USA TODAY Sports/File Photo Acquire Licensing RightsOct 26 (Reuters) - Ottawa Senators forward Shane Pinto has been banned for 41 games for activities relating to sports wagering, the National Hockey League said on Thursday. The NHL said its investigation into the matter found no evidence that Pinto, whose suspension amounts to half of a regular season, made any bets on NHL games. The 22-year-old Pinto, who the Senators selected with the 32nd pick of the 2019 NHL Draft, is a restricted free agent and has not played for Ottawa this season. Pinto had 20 goals and 35 points in 82 games with Ottawa during the 2022-23 season, which marked the American's first full campaign in the NHL.

Persons: Shane Pinto, Marc DesRosiers, Pinto, Frank Pingue, Ken Ferris Organizations: CAN, Ottawa Senators, New York Islanders, Canadian Tire Centre, National Hockey League, NHL, Ottawa, Thomson Locations: Ottawa , Ontario, thew, Toronto

☆ Dennis Schroder scores 22, Raptors top Timberwolves
▼ + stars: | 2023-10-26 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/68] Oct 25, 2023; Toronto, Ontario, CAN; Toronto Raptors fans line up to get into Scotiabank Arena before the home opener against the Minnesota Timberwolves. Mandatory Credit: John E. Sokolowski-USA TODAY Sports Acquire Licensing RightsOctober 26 - Dennis Schroder scored 22 points and the Toronto Raptors defeated the visiting Minnesota Timberwolves 97-94 Wednesday night in the season opener for both teams. Schroder, who was making his Raptors debut, added seven assists to help give new coach Darko Rajakovic a victory. Anthony Edwards led the Timberwolves with 26 points and 14 rebounds, and Rudy Gobert had 15 points and 13 rebounds. The Raptors led by 10 points with 5:29 to play in the third quarter on a layup by Barnes.

Persons: John E, Dennis Schroder, Schroder, Darko Rajakovic, Scottie Barns, Pascal Siakam, Jakob Poeltl, Anthony Edwards, Rudy Gobert, Karl, Anthony Towns, Mike Conley, Naz Reid, Reid, Anunoby, Barnes, Edwards, Shake Milton, Jaylen Clark, Jaden McDaniels, Christian Koloko Organizations: CAN, Toronto Raptors, Scotiabank Arena, Minnesota Timberwolves, Mandatory, Raptors, Timberwolves, Minnesota, Towns, Toronto, The Timberwolves, Thomson Locations: Toronto , Ontario, Toronto, Minnesota

The strike has shut down 13 locks between Lake Erie and Montreal, bottling up ships in the Great Lakes and preventing more ships from coming in. It’s the first time that a strike has shut down the vital shipping artery since 1968. A U.S. Navy warship, the littoral combat ship USS Marinette, was supposed to leave Cleveland on Lake Erie on Monday, but remains stuck. Shipments within the four Great Lakes from Superior to Erie such as iron ore and coal can still go through. MarineTraffic.com showed that it was headed into Lake Erie, but it can go no farther without a resolution.

Persons: ”, Jason Card, “, Unifor, It's, MarineTraffic.com, —, John Jamian, ” Jamian, Isadora, There’s, Jason Hron, ” Hron Organizations: Lawrence Seaway, Lawrence Seaway Management Corp, Ships, “ lakers, Canadian, Seaway, binational Chamber of Marine Commerce, Officials, Management, seaway, — salties, lakers, U.S . Navy, Port, Duluth Seaway Port Authority Locations: MINNEAPOLIS, St, Lawrence, Canada, United States, Ontario, Quebec, Unifor, Lake Erie, Montreal, Great, The St, Lake Superior, Minnesota, Wisconsin, Ottawa, Welland, U.S, Marinette, Cleveland, Thunder Bay , Ontario, Superior, Detroit, Lakes Huron, Erie, Port of Detroit, Europe, She’s, Twin Ports, Duluth , Minnesota, Superior , Wisconsin, Cyprus, Algeria, Duluth Seaway, Lakes

☆ Your favorite sad songs could help you feel less pain, new study finds
▼ + stars: | 2023-10-25 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +6 min

Listening to favorite songs could reduce people’s perception of pain, according to a new study published Wednesday in the journal Frontiers in Pain Research. And the most effective pain relievers were found to be sad songs detailing bittersweet and emotional experiences. He was not involved in the latest study but has conducted his own research on the relationship between pain and music. With millions of songs available, one person’s favorite song is likely not the same as another. While he didn’t research chills in this study, Valevicius hypothesized that these sensations might be signs of sensory gating.

Persons: CNN —, Adele, ”, Patrick Stroman, “ Cotton, “, Darius Valevicius, shivers, Valevicius, Stroman, ” Jocelyn Solis, Moreira Organizations: CNN, Pain, Queen’s University, Sega, neurosciences, University of Montreal Locations: Kingston , Ontario, New York

☆ Bank of Canada leaves rates on hold, sees weak growth and stubborn inflation
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +3 min

[1/2] Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. The bank increased rates 10 times between March 2022 and this July, with inflation peaking at more than 8% last year. Inflation in September dipped to 3.8% from 4.0% in August, and the central bank said it would average 3.5% through mid-2024. "There is growing evidence that past interest rate increases are dampening economic activity and relieving price pressures," the Bank of Canada (BoC) said in a statement. In July, the BoC forecast third-quarter annualized growth of 1.5%.

Persons: Blair Gable, Steve Scherer, David Ljunggren OTTAWA, David Ljunggren Organizations: Bank of Canada, REUTERS, Wednesday, BoC, Reuters, Thomson Locations: Ottawa , Ontario, Canada, Israel, Gaza, Reuters Ottawa

☆ Canada says it has completed talks on bilateral investment deal with Taiwan
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

Canada's International Trade Minister Mary Ng speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada November 29, 2021. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 24 (Reuters) - Canada and Taiwan have completed talks on a bilateral deal to boost foreign investment and will work to make sure it comes into effect promptly, Canadian Trade Minister Mary Ng said in a statement on Tuesday. The Foreign Investment Promotion and Protection Arrangement is part of Canada's plan to increase trade and influence in the fast-growing Indo-Pacific region. Trade between Canada and Taiwan totaled C$10.2 billion in 2021, up from C$7.4 billion in 2020, according to official Canadian figures. China, which views self-governing Taiwan as its own territory, has sour relations with Canada.

Persons: Mary Ng, Blair Gable, David Ljunggren, Chizu Organizations: Canada's International Trade, REUTERS, Rights OTTAWA, Canadian Trade, Foreign Investment, Thomson Locations: Ottawa , Ontario, Canada, Taiwan, Trade, China, Ottawa

☆ Bank of Montreal is exploring sale of RV loan portfolio - Bloomberg News
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

A Bank of Montreal (BMO) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie Acquire Licensing RightsOct 24 (Reuters) - Bank of Montreal (BMO.TO) is exploring the sale of a portfolio of recreational vehicle loans, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The potential sale comes at a time when several banks in North America shed loan portfolios to bolster balance sheets in the face of a 'higher-for-longer' interest rate environment. "We can't comment on specifics of a transaction," a Bank of Montreal spokesperson told Reuters in an emailed statement. The sale of loan portfolios, particularly those which are rate-sensitive, allows lenders to manage risk and keeps credit loss provisions or capital set aside to cover potential defaults in check.

Persons: Chris Wattie, Manya Saini, Jaiveer Shekhawat, Shailesh Organizations: of Montreal, BMO, REUTERS, Bank of Montreal, Bloomberg, Reuters, Thomson Locations: Ottawa , Ontario, Canada, North America, Bengaluru, Balu, Toronto

Last year, that amounted to $75 million of $88.5 million in candy corn sales, according to the consumer research firm Circana. Political Cartoons View All 1215 ImagesWhen compared to top chocolate sellers and other popular confections, candy corn is niche. Several years later, the Goelitz Confectionery Co., now Jelly Belly, began to produce candy corn, calling it Chicken Feed. Candy corn is basically sugar, corn syrup, confectioner’s glaze, salt, gelatin, honey and dyes, among some other things. She equates candy corn with childhood memories of having to visit her pediatrician, who kept a bowl on hand.

Persons: Shannon Fiedler gushed, Paul Zarcone, Brach's churns, ombre, Rice Krispie, Kellogg's, Michelle Williams, Brach's, “, ”, Katie Duffy, Ferrara Candy, George Renninger, “ Brach's, “ It's, I've, Richard Hartel, Hartel's, it’s, Candy, Margie Sung, She's, Duffy, Don't, Sung, ” Aaron Sadler, doesn't, can’t, Sadler, ” Sadler chuckled ., he'll, Sandler, Lisa Marsh, Diana Peacock, Jennifer Walker, Walker, Marie, Abby Obenchain, Obenchain Organizations: Vans, Nike, Ferrara, Ferrara Candy Co, University of Wisconsin -, Ontario, Washington , D.C Locations: Huntington , New York, Ferrara, Philadelphia, University of Wisconsin - Madison, New York, Little Rock , Arkansas, Junction , Colorado, Ontario, Canada, Sault Ste, Savannah Woolston, Washington ,

☆ Opinion: Restaurants should end tipping for good
▼ + stars: | 2023-10-24 | by ( Opinion Corey Mintz | ) edition.cnn.com time to read: +6 min

The Wall Street Journal described this as Chicago eliminating the “tips-as-wage system,” which makes it sound like a ban on tipping. It’s a shame, because tipping has always been a scam that enables restaurants to suppress labor costs, which keeps menu prices down. Tipping emerged as a model for employing formerly enslaved Black workers without having to pay them a real wage, if anything at all. Instead, restaurants should pay a living wage (if the revenue does not cover the actual cost of labor, what kind of business is it? Despite today’s dire labor shortage, precious few restaurants seem willing to re-examine their employment model in order to address it.

Persons: Corey Mintz, CNN — It’s, Jaime Hogge, Steve Hanke, Nick Kokonas, ” Kokonas, “, Tipping, North America wouldn’t, ” Organizations: Public Affairs, CNN, Twitter, Chicago Locations: Chicago, Toronto , Ontario, North America

☆ Canada says China-linked 'Spamouflage' campaign targeted lawmakers, PM Trudeau
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

Canada's Prime Minister Justin Trudeau speaks in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada October 3, 2023. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 23 (Reuters) - The Canadian government said on Monday it detected a China-linked "Spamouflage" campaign that involved bots posting disinformation and propaganda on the social media accounts of members of parliament, including Prime Minister Justin Trudeau. The Spamouflage campaign, using networks of new and hijacked social media accounts to post bulk messages, took place in August and September, and targeted dozens of MPs from across the political spectrum, the foreign ministry said in a statement. Ottawa has also accused Beijing of trying to interfere in its affairs through various schemes, including illegal police stations and the targeting of lawmakers. In September, the Trudeau government announced an independent public inquiry into allegations of attempted foreign meddling by China, Russia and others.

Persons: Justin Trudeau, Blair Gable, Trudeau, Ismail Shakil, Richard Chang Organizations: Canada's, REUTERS, Rights OTTAWA, Canadian, Facebook, Thomson Locations: Ottawa , Ontario, Canada, China, U.S, Ottawa, Beijing, Russia

☆ Bank of Canada to leave rates on hold as economy stalls, analysts say
▼ + stars: | 2023-10-23 | by ( Steve Scherer | ) www.reuters.com time to read: +2 min

Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 23 (Reuters) - The Bank of Canada (BoC) will leave interest rates on hold on Wednesday as the economy stalls, analysts said, though many see the central bank warning that future hikes are still possible with inflation hovering well above its 2% target. Weak growth and a modest easing of inflation "should keep the Bank of Canada on hold," he said. Earlier this month, BoC Governor Tiff Macklem said the economy was not heading for a "serious recession". Macklem "will need to sound sufficiently hawkish to retain current market pricing, which more or less has the Bank of Canada holding rates steady until 2025."

Persons: Blair Gable, Karl Schamotta, Macklem, Royce Mendes, Steve Scherer, Jonathan Oatis Organizations: Bank of Canada, REUTERS, Rights OTTAWA, BoC, Cambridge Global Payments, Desjardins Group, of Canada, Thomson Locations: Ottawa , Ontario, Canada

☆ GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week
▼ + stars: | 2023-10-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

General Motors and Ford Motor report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto Workers union. Patrick T. Fallon | AFP | Getty ImagesThe UAW has consistently used earnings reports and commentary from executives, including GM CEO Mary Barra and Ford CEO Jim Farley, to promote its efforts and collective bargaining. "If GM, Ford and Stellantis are still very profitable for the third quarter, [UAW's] going to claim that, 'They're being too cheap in bargaining, and they should give us more.'" GM has said the work stoppage cost it roughly $200 million in lost production in September. UAW impactJPMorgan estimates strike costs amounted to $145 million at Ford and $191 million at GM in terms of earnings before interest and taxes during the third quarter.

Persons: Jim Farley, Ford, Mary Barra, Patrick T, Fallon, Wheaton, Ford —, Shawn Fain, Wolfe, Rod Lache, Lache, EVs Organizations: General Motors Reuters, General Motors DETROIT, Motors, Ford Motor, United Auto Workers, GM, Ford, LSEG, UAW, Stellantis, Local, Chrysler Corporate, Division, AFP, Getty, Worker Institute, Cornell University, Ford Expedition, Lincoln, Detroit, Detroit automakers Locations: Ontario , California, Kentucky

☆ 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

☆ Canadian PM says India's actions making life hard for millions of people
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

OTTAWA, Oct 20 (Reuters) - Prime Minister Justin Trudeau said on Friday the Indian government's crackdown on Canadian diplomats was making normal life difficult for millions of people in both countries. Trudeau spoke a day after Canada said it had withdrawn 41 diplomats following an Indian threat to unilaterally revoke their status. "The Indian government is making it unbelievably difficult for life as usual to continue for millions of people in India and in Canada. Trudeau said the expulsion of some of Canada's diplomats will hamper travel and trade and pose difficulties for Indians studying in Canada. India is by far Canada's largest source of global students, making up for roughly 40% of study permit holders.

Persons: Justin Trudeau, Trudeau, contravening, David Ljunggren, Rod Nickel Organizations: OTTAWA, Thomson Locations: Canada, New Delhi, India, Brampton , Ontario, Vienna, Ottawa

☆ TSX extends weekly decline as high borrowing costs rattle investors
▼ + stars: | 2023-10-20 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 233.17 points, or 1.2%, at 19,115.64, its lowest closing level since Oct. 4. "Although they're pulling back today, yields are in breakout mode and have yet to run into any resistance. Investors worry that high borrowing costs could derail economic growth. "The declines today are (particularly) evident in two sectors, financials and energy, both economically sensitive," Michael said.

Persons: Chris Helgren, Brandon Michael, Michael, Financials, Fergal Smith, Khushi Singh, Jonathan Oatis Organizations: Toronto Stock Exchange, REUTERS, Toronto Stock, ABC Funds, Thomson Locations: Toronto , Ontario, Canada, Toronto, Bengaluru

It was unclear what stake JFE was seeking or what price it was offering. Japan's Nippon Steel (5401.T) has previously said it was looking to buy a 10% stake in Teck's coal business for C$1.15 billion, valuing the overall business at about C$11.5 billion, with an option of increasing its stake to 17.5%. Glencore has said it will consider buying the coal business for about $8.5 billion. JFE Steel holds 15% equity in India's JSW Steel (JSTL.NS), which was also exploring an investment in Teck's coal business. Price said the company had two options -- a 100% sale of the coal business for cash or a partial sale of the coal business, with proceeds going to growing the copper business.

Persons: Chris Helgren, Glencore, Major steelmakers, Teck, JFE, Jonathan Price, Price, Divya Rajagopal, Neha Arora, Denny Thomas, Nick Zieminski, Rod Nickel Organizations: Teck Resources, Developers Association of Canada, REUTERS, Rights, JFE Steel Corp, Canada's Teck Resources, Reuters, Japan's Nippon Steel, JFE Steel, JSW, Thomson Locations: Teck, Toronto , Ontario, Canada, Canada's Teck, Russia, JFE, Tokyo, Australia, Swiss, Toronto, India

☆ Lacrosse Is Coming to the Olympics. Will Its Inventors Be There?
▼ + stars: | 2023-10-19 | by ( Victor Mather | More About Victor Mather | ) www.nytimes.com time to read: +1 min

At major lacrosse events, a team of Native Americans called the Haudenosaunee plays alongside countries like the United States, Canada and Australia. Now lacrosse has achieved an international breakthrough by being added to the Olympics for the Summer Games in Los Angeles in 2028. And both the United States and Canada already have lacrosse teams of their own. Although lacrosse officials seemed eager to find a way to get the team to the Olympics, the International Olympic Committee, which will have the final say, had discouraging words, at least for now. It said the United States and Canada would be able to include athletes from the Haudenosaunee in their respective teams.

Organizations: Olympics, Summer Games, International Olympic Committee, United Nations, Olympic Locations: United States, Canada, Australia, Los Angeles, New York, Ontario, Quebec, Cayuga, Mohawk, Oneida, Onondaga, Seneca, Tuscarora, United

Sharing a stage at Foxconn's annual tech showcase in Taipei, Foxconn Chairman Liu Young-way and Nvidia CEO Jensen Huang said their companies would build these "AI factories" together. And the data centres that produce it are AI factories," Huang said, adding that Foxconn had the expertise and scale to build them globally. Showing a hand-drawn sketch, Huang - sporting his signature black leather jacket - explained how "AI factories" could continuously receive and process data from autonomous electric vehicles to make them smarter. The AI factory would improve the software and update the entire AI fleet," said the Taiwan-born Huang. "In the future, every company, every industry, will have AI factories."

Persons: Foxconn, Liu Young, Jensen Huang, Huang, Orin, Liu, Jun Seki, Terry Gou, Sarah Wu, Ben Blanchard, Christian Schmollinger, Jamie Freed Organizations: Nvidia, EV, Foxconn's Tech, Thomson Locations: TAIPEI, Taipei, Taiwan, China, Foxconn, India, Japan

Sharing a stage at Foxconn's annual Tech Day in Taipei, Foxconn Chairman Liu Young-way and Nvidia CEO Jensen Huang said their companies were building AI factories together. Huang showed a hand-drawn sketch of what the two companies are building, which he called an "AI factory". What Nvidia and Foxconn are building is an entire end-to-end AI system for autonomous electric vehicles, with the AI factory developing the car's software, Huang added. The data would go to the AI factory, the AI factory would improve the software and update the entire AI fleet," he said. "This entire end-to-end system, on the one hand AI factory, on the other end EV fleet, is what Nvidia and Foxconn are building."

Persons: Liu Young, Ann Wang, Foxconn, Jensen Huang, Huang, Liu, Sarah Wu, Ben Blanchard, Christian Schmollinger, Jamie Freed Organizations: Tech Day, REUTERS, Rights, Nvidia, Thomson Locations: Taipei, Taiwan, Rights TAIPEI

[1/2] A sign for The Bank of Nova Scotia, operating as Scotiabank, in Toronto, Ontario, Canada, Dec. 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOct 18 (Reuters) - Bank of Nova Scotia (BNS.TO) on Wednesday announced plans to cut about 2,700 jobs globally - 3% of its workforce - and take a C$590 million ($430.94 million) charge in the fourth quarter, making it the latest Canadian bank to take cost-cutting steps in a challenging environment. Royal Bank of Canada (RY.TO) and Bank of Montreal (BMO.TO) similarly have cut hundreds of jobs in response to rising costs in a high interest rate environment. Scotiabank said the layoffs will result in a restructuring charge and severance provisions of about C$247 million. Analysts said the charge does not come as a surprise amid a review of is strategic direction.

Persons: Carlos Osorio, Scott Thomson, Darko Mihelic, Jaiveer Singh, Balu, Will Dunham, Shilpi Majumdar, Jonathan Oatis Organizations: The Bank of, Scotiabank, REUTERS, Bank of Nova, Wednesday, Royal Bank of Canada, Bank of Montreal, China's, China's Bank of Xi'an, Analysts, RBC Capital, Thomson Locations: The Bank of Nova Scotia, Toronto , Ontario, Canada, Bank of Nova Scotia, China's Bank, Bengaluru, Toronto

☆ Canada annual inflation rate edges down to 3.8% in September
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

People pay for their items at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Oct 17 (Reuters) - Canada's annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries, Statistics Canada said on Tuesday. This beat analysts' expectations for annual inflation to remain at 4.0%. Percent changesMonth-on-month Year-on-yearSep Aug Sep AugCPI - all items -0.1 +0.4 +3.8 +4.0CPI - common n/a n/a +4.4 +4.8CPI - median n/a n/a +3.8 +4.1CPI - trim n/a n/a +3.7 +3.9Bank of Canada core -0.1 +0.1 +2.8 +3.3All items ex food/energy -0.1 +0.2 +3.2 +3.6Goods -0.3 +0.6 +3.6 +3.7Services 0.0 +0.1 +3.9 +4.3Energy -1.0 +3.7 +5.4 +1.8Seasonally adjusted +0.2 +0.6 n/a n/aCore CPI, SA -0.1 +0.3 n/a n/aNOTE: Analysts in a Reuters survey had forecast September CPI to be 4.0% annualized, and to be up 0.1% on the month. (Reporting by Dale Smith; Editing by Ismail Shakil)((ismail.shakil@tr.com))Keywords: CANADA ECONOMY/INFLATIONOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Osorio, Dale Smith, Ismail Shakil Organizations: REUTERS, Rights OTTAWA, Statistics, of Canada, CPI, SA, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada

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