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Ford reveals its new global pickup truck
  + stars: | 2023-05-10 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +4 min
CNN —In America, “Ford truck” usually means the F-series, the best-selling truck here for decades. But in many parts of the world, it probably means the Ford Ranger. In terms of size and capabilities, it fits between the big F-150 and the small, car-like Ford Maverick. The Ranger Raptor, which will have big 33-inch diameter tires, is designed for high-speed off-road driving. The previous generation Ford Ranger was available in other markets for many years before Ford finally decided to sell it in North America.
She will warn about "the global impact of this standoff and highlight the need to avoid default," a senior Treasury official said. It will lead to a freeze in global financial markets," said Muehleisen, now a fellow with the Atlantic Council. G7 counterparts will question Yellen "about the financial stability risks in the U.S., the regional banks' exposure to commercial real estate. Real risks that are not manufactured for political posturing," said Stephanie Segal, a former U.S. Treasury official who is a senior fellow at the Center for Strategic and International Studies in Washington. The far more complicated "Pillar 1" plan to allow countries to tax global technology giants and other highly profitable corporations on their local sales is still under negotiation.
OTTAWA, May 8 (Reuters) - Canada on Monday expelled Toronto-based Chinese diplomat Zhao Wei after an intelligence report accused him of trying to target a Canadian lawmaker critical of China's treatment of its Uyghur Muslim minority. The expulsion escalates already tense Sino-Canadian relations and is likely to prompt China, Canada's second-largest trading partner, to respond. China's embassy in Ottawa said it condemns the expulsion, and that it has formally protested the move to the government. China's Toronto consulate-general said the report on Chong has "no factual basis and is purely baseless." Trudeau said he found out about the intelligence report from the newspaper, and on Wednesday blamed the spy agency for not passing it onto him at the time.
CNN —Canada decided to expel a Chinese diplomat on Monday, following an uproar in the country over allegations of political meddling, which Beijing has fiercely denied. “Canada has decided to declare persona non grata Mr. Zhao Wei,” read a statement by Foreign Minister Mélanie Joly. The intelligence service also said that Beijing had tried to sway the outcome of Canada’s federal elections in 2019 and 2021. Chong himself has focused much of his criticism on Trudeau’s government, which he says was too slow to act. Last week, Joly previewed the possibility of retaliatory action against China, but warned that Canada needed to carefully weigh how China might react.
Canada said on Monday it was expelling a Chinese diplomat amid reports he had been intimidating and gathering information on a Canadian lawmaker who had been critical of Beijing’s treatment of its Uyghur Muslim minority, a decision likely to increase tensions between Beijing and Ottawa. Mélanie Joly, Canada’s foreign minister, said in a statement that the diplomat, Zhao Wei, had been declared “persona non grata.” Ms. Joly said the decision has been taken “after careful consideration of all factors at play.”“Diplomats in Canada have been warned that if they engage in this type of behavior, they will be sent home,” she added. “We will not tolerate any form of foreign interference.”Allegations of election interference have rocked Canada in recent months. The Globe and Mail newspaper and other prominent Canadian news organizations have published a series of leaked intelligence reports accusing the Chinese government and its diplomats in Canada of trying manipulate the last two elections to ensure that Prime Minister Justin Trudeau’s Liberal Party won.
Did China Help Vancouver’s Mayor Win Election?
  + stars: | 2023-05-07 | by ( Dan Bilefsky | ) www.nytimes.com   time to read: +1 min
VANCOUVER, British Columbia — Every day when he arrives at his office in City Hall, Mayor Ken Sim stares at a prominent black-and-white photograph of Chinese railway workers toiling on the tracks in British Columbia in 1884. Mr. Sim, the son of Hong Kong immigrants, said the workers’ weathered faces are a daily reminder of the symbolic importance of his election as Vancouver’s first Chinese Canadian mayor, and of just how far Chinese Canadians have come. Six months ago, his historic landslide victory was widely lauded, viewed as the triumph of a politically adroit change-maker whose centrist policies had swept him to power. But since February, the Globe and Mail newspaper in Toronto has cited classified intelligence reports in describing an effort by Beijing to manipulate Canadian elections, including those in Vancouver, raising questions about whether China played a role in his win. Across Canada, a political storm is raging over the intelligence reports, which have not been made public by Canada’s national intelligence agency but are said to conclude that the government of China and its diplomats wanted to ensure victory for Prime Minister Justin Trudeau’s Liberal Party in the two most recent federal elections, while encouraging wins for some candidates of Chinese descent.
And while famous rice dishes such as sushi, fried rice and paella are among the most prominent in the global spotlight, there are so many more rice recipes out there to put on your radar – and seek out on your travels. Wali wa kukaanga, KenyaWali wa kukaanga is Kenya’s answer to fried rice, and translates to just that in Swahili. So it’s no surprise that the Polynesian island country’s most popular rice dish, alaisa fa’apopo, has ties to the coconut, too. Thai fried rice (Khao Pad), ThailandThai fried rice uses the layering of flavors that's characteristic of the country's cuisine. ArenaCreative/Adobe StockWhen it comes to fried rice, the Chinese version tends to steal the spotlight.
Ottawa CNN —Canada summoned China’s ambassador on Wednesday to respond to allegations of political interference and intimidation. However, she admitted Canada’s government was carefully weighing the possibility of retaliation by China, which denies interfering in Canadian political affairs. CNN asked China’s foreign ministry about the allegations, specifically the accusations made by CSIS about political interference and attempts at intimidation made by a Chinese diplomat. “China always opposes any country’s interference in other countries internal affairs. We have never had and have no interest in interfering in Canada’s internal affairs.
WASHINGTON/OTTAWA, May 4 (Reuters) - China sharply criticized Canadian Prime Minister Justin Trudeau's comment that linked Chinese-produced lithium to slave labor, and warned Canada could face consequences if it continues "denigrating maliciously" the human rights situation in China. The Chinese side expresses its strong dissatisfaction and resolute opposition to this," the Chinese Embassy in Ottawa said in a statement late on Wednesday. The embassy accused Trudeau of "political manipulation under the pretext of human rights" and seeking to undermine China. "The Canadian side should respect facts, set aside prejudice, and stop denigrating maliciously the human rights situation in China, otherwise Canada will certainly take the consequences." Reporting by Doina Chiacu in Washington and Ismail Shakil in Ottawa; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
OTTAWA, May 3 (Reuters) - Canada's spy agency withheld information about Chinese threats against a Canadian lawmaker and his family in 2021, Prime Minister Justin Trudeau said on Wednesday, adding that he had told the agency that in the future such threats must be revealed immediately. The Canadian Security Intelligence Service (CSIS) had determined that information about the threats against Michael Chong, a member of parliament with Canada's main opposition Conservative party, were not concerning enough to inform him, Trudeau told reporters in Ottawa. Trudeau has previously said China attempted to meddle in the 2019 and 2021 votes, but did not change the outcome. On Wednesday, Trudeau said he learned about the threats against Chong from the Globe report and upon enquiring about it, found out that CSIS had decided to withhold information. Chong was sanctioned by Beijing in 2021 after his motion passed the Canadian parliament declaring China's treatment of the Uyghur Muslim minority genocide.
CNN —When Sharon Lane heard about a cruise company offering a three-year-long voyage around the world, she immediately started fantasizing about life on board. While it’s long been Lane’s dream to live on a cruise ship full time, the steep cost has always been a barrier. I don’t know, the sky’s the limit.”Preparing for a new lifeSharon Lane will spend three years living on the MV Gemini cruise ship, pictured here. The 130-square-feet cabin has no window, but guests have been promised a screen that will broadcast live footage from outside the ship. Lane won’t disembark the ship in certain destinations, like Antarctica, where the cold air might aggravate her lungs.
A Canadian woman had to give away 133,000 candy bars for free, reports say. Crystal Regehr Westergard was bombarded with the candy, which had an expiry date of June this year. Crystal Regehr Westergard, a physiotherapist, started a candy company as a side hustle in 2018 to bring back old favorites that had long ceased production. Through her company Canadian Candy Nostalgia, Westergard first brought back Cuban Lunch, a candy dating back to the Second World War. She's struggled to give away the retro candy bars, even for free.
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
These approaches from international miners come as the Vancouver-based miner is fending off unsolicited bids from Glencore Plc (GLEN.L). Freeport, Vale and Anglo American declined to comment. Teck investors will decide on the Canadian miner's restructuring plan on April 26. Influential proxy advisor Institutional Shareholder Services (ISS) on Thursday advised shareholders to reject Teck's restructuring plan on uncertainties and structural issues. The Globe and Mail first reported interest in Teck's base metals business.
A vote on Teck's plan to fully separate the copper and zinc business Teck Metals from the steelmaking coal Elk Valley business is scheduled on April 26. These approaches from international miners come as the Vancouver-based miner is fending off unsolicited bids from Glencore Plc (GLEN.L) that would involve combining and spinning off the thermal and steelmaking coal businesses of both companies. The Swiss mining company has offered Teck shareholders 24% of the combined metals group and up to $8.2 billion in cash for those who may not want exposure to thermal coal. Two proxy shareholder advisory firms have recommended that Teck Resources shareholders vote against the planned split. On Saturday, Bloomberg News reported that Glass Lewis also asked Teck Resources shareholders to vote against Teck's plan to spin off its coal business.
24 Sussex Drive, the official residence of the Canadian prime minister, is in total disrepair. Canadian Prime Minister Jean Chretien meets with Premiers and Territorial leaders Chretien's residence in Ottawa, February 4, 2003. Canadian Prime Minister Paul Martin (L) holds a First Ministers' meeting at his official residence in Ottawa, January 30, 2004. Conservative leader and Canada's Prime Minister Stephen Harper reacts in between songs while practicing with his band "Herringbone" at 24 Sussex Drive, Harper's official residence, in Ottawa April 22, 2011. Since taking his post as head of state, prime minister Trudeau has opted to live in Rideau Cottage, just less than a mile away from 24 Sussex Drive.
[1/5] Apr 11, 2023; Toronto, Ontario, CAN; Toronto Blue Jays third baseman Matt Chapman (26) hits a home run against the Detroit Tigers during the fourth inning at the Rogers Centre. While work continues on both the team and stadium the early reviews are positive, the Blue Jays living up to their explosive reputation with a home opener record five homers that underscores their status as World Series contender. 'Take me out to the ball game' can still be heard at every ball park but vendors shouting out, "peanuts , cracker jacks" not so much. You do not even need to be that interested in baseball, said Blue Jays president Mark Shapiro, adding the ball park can just be a place to go. The Tigers' Nick Maton hit a three-run second inning homer but the Blue Jays hit back in the bottom of the inning, Kirk answering with an RBI double.
April 8 (Reuters) - Canadian entrepreneur Pierre Lassonde is planning to buy a blocking stake in Elk Valley Resources, the steel-making coal unit to be spun off by Teck Resources Ltd (TECKb.TO), the Globe and Mail reported. In an interview with the Canadian newspaper published on Friday, Lassonde expressed his interest in the soon-to-be divested unit of Teck, saying he wanted the company's assets to "remain Canadian." Teck Resources could not be reached immediately for comment. Under terms of a deal offered previously by minority shareholder Nippon Steel, the Elk Valley unit will have an enterprise value of C$11.5 billion. Teck Resources in February said it will receive an 87.5% interest in gross revenue royalty from the steel-making coal business through the transition period.
Ukraine PM to visit Canada in coming weeks
  + stars: | 2023-04-07 | by ( ) www.reuters.com   time to read: +2 min
April 7 (Reuters) - Ukrainian Prime Minister Denys Shmyhal is planning to visit Canada in the coming weeks, a spokesperson for the Canadian Prime Minister told Reuters on Friday. Ukraine is expected to launch a counter-offensive to seize back land in the south and east of the country from Russian forces in the coming weeks or months. The Ukrainian premier was quoted by the Globe as saying Ukraine would also like Canada to offer war risk insurance to Canadian companies investing in Ukraine to support reconstruction and foreign investment. "So if a Canadian company will decide to invest money into Ukraine, we will ask the Canadian government to create some mechanism to support Canadian investments," he said. Canadian Prime Minister Justin Trudeau's Liberal government has been one of Ukraine's most vocal international supporters and provided Kyiv with more than C$5 billion ($3.70 billion) in financial, military and other aid.
In this article 7974.T-JP Follow your favorite stocks CREATE FREE ACCOUNTChris Pratt and Charlie Day voice Mario and Luigi in Universal and Illumination's "The Super Mario Bros. Universal"The Super Mario Bros. Movie" isn't looking like a smash with the critics. And box office analysts don't foresee poor critical reviews deterring moviegoers, particularly families, from venturing to the cinema to see "The Super Mario Bros. Jack Black voices the villainous Bowser in Universal and Illumination's "The Super Mario Bros. Movie" UniversalRadheyan Simonpillai, Globe and MailLong before critics sat down to watch "Super Mario Bros.," there was a big question about the film's top-billed voice actor — Chris Pratt. "I wonder whether the filmmakers were too timid to draw outside the lines with this copyright protected material, lest they end up with something like the disastrous live-action 1993 movie, 'Super Mario Bros.,'" he said.
(Reuters) - Canadian Minister of Innovation, Science and Industry Francois-Philippe Champagne is set to rule on Rogers Communications Inc’s C$20 billion ($15 billion) deal to buy Shaw Communications Inc on Friday, The Globe and Mail reported on Thursday, citing two sources. FILE PHOTO: Ethernet cables are seen in front of Rogers and Shaw Communications logos in this illustration taken, July 8, 2022. The announcement relates to the minister’s review of the takeover deal, The Globe and Mail reported. Both Rogers and Shaw did not immediately respond to a Reuters request for comment on the report. Champagne’s approval is needed to transfer spectrum licenses of Freedom Mobile unit to Quebecor’s Videotron.
(Reuters) -The Canadian government is set to announce on Friday a decision on Rogers Communications Inc’s C$20 billion ($15 billion) bid for Shaw Communications Inc, a person familiar with the matter told Reuters on Thursday. FILE PHOTO: Ethernet cables are seen in front of Rogers and Shaw Communications logos in this illustration taken, July 8, 2022. The announcement is about the government’s decision on whether to allow the transfer of Shaw’s wireless licences to Quebecor Inc’s Videotron Ltd., which has agreed to acquire Shaw’s Freedom Mobile wireless carrier for C$2.85 billion, the source told Reuters. To address the issue, Rogers and Shaw agreed to sell Freedom Mobile to Quebecor, which is also expected to close by March 31. Rogers, Shaw and Quebecor did not immediately respond to a Reuters request for comment.
March 31 (Reuters) - Canada is set to approve on Friday a transfer of wireless licenses that will finally settle Rogers Communications Inc's (RCIb.TO) C$20 billion ($15 billion) bid for Shaw Communications Inc (SJRb.TO), the Globe and Mail reported. Rogers and Shaw agreed to sell Freedom Mobile to Quebecor for C$2.85 billion to win government approval for the merger. The minister will approve the transfer of Shaw's licenses to Quebecor's Videotron Ltd with a number of conditions attached, as well as financial penalties associated with breaking those conditions, the Globe and Mail said. The sale of Freedom Mobile to Quebecor is expected to close by March 31. Rogers in February extended the deadline for the deal to March 31 for the fourth time, as the companies awaited the final nod from Champagne.
In Canada, there's more pressure to step up green investments to level the playing field with the United States, which passed a series of massive incentives in the Inflation Reduction Act (IRA) last year. Last week Freeland said Canada is at a "crucial crossroads" for the green transition and that it would be "reckless" not to make major investments in clean tech. But she has also said she does not want to fuel inflation and slowing growth means fiscal responsibility is warranted. The budget will also include an increase in federal healthcare spending promised earlier this year to the provinces, which administer the public health system. Reporting by Steve Scherer; Editing by Andrea Ricci and Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Banking giants Citi (C.N), Wells Fargo (WFC.N) and JP Morgan (JPM.N) were also 1%-3% higher in the pre-market. Japanese financial institutions have sufficient capital buffers to absorb losses caused by external factors, including risks caused by SVB's collapse, the Bank of Japan said. Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. The prospect of higher rates had been "the reason investors have been really excited about Japan bank stocks", Ikeda added. We just ask for a little bit of time because of the volume," FDIC employee Luis Mayorga told waiting customers.
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