U.S. trade consultations on Mexico’s GMO corn rule ‘unacceptable violation’ of law – Mexican official

By Adriana Barrera MEXICO CITY (Reuters) – Trade consultations requested by the United States on Mexico’s plan to limit the use of genetically modified corn are an “unacceptable violation” of Mexican law and feed the interests of seed “oligopolies,” a top Mexican official said on Thursday. The United States, Mexico’s main trading partner, requested the…

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Sudan’s factions say they agree to extend truce but fighting goes on

By Khaled Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -Sudan’s two warring factions said on Thursday they would prolong a ceasefire agreement by 72 hours, but violence again rocked the capital Khartoum and the western region of Darfur as the U.S. said ceasefire violations were worrying.  Hundreds have died and tens of thousands of people have…

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Canadian Senate passes bill to compel local content on streaming giants

By Ismail Shakil OTTAWA (Reuters) – Canada’s Senate on Thursday passed the government’s online streaming legislation after a 10-month debate over a law that will force firms like Netflix and Alphabet Inc-owned YouTube to offer more Canadian content. Bill C-11, or the Online Streaming Act, cleared the unelected upper chamber of the Canadian parliament with…

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Talc supplier Whittaker Clark & Daniels files for bankruptcy

By Dietrich Knauth (Reuters) – Defunct talc supplier Whittaker, Clark & Daniels has filed for Chapter 11 bankruptcy, citing on Thursday a “deluge” of lawsuits alleging that its talc products caused asbestos exposure and cancer. Whittaker operated one of the largest talc and industrial compound supply and distribution businesses in the U.S. in the 1970s…

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Canadian Senate Passes Bill To Compel Local Content On Streaming Giants

Canadian Senate Passes Bill To Compel Local Content On Streaming Giants

By Ismail Shakil OTTAWA (Reuters) – Canada’s Senate on Thursday passed the government’s online streaming legislation after a 10-month debate over a law that will force firms like Netflix and Alphabet Inc-owned YouTube to offer more Canadian content. Bill C-11, or the Online Streaming Act, cleared the unelected upper chamber of the Canadian parliament with…

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Toblerone maker Mondelez lifts forecasts on price hikes, firm demand

By Granth Vanaik (Reuters) -Mondelez International Inc on Thursday raised its annual forecasts on steady demand for its chocolates and biscuits despite price hikes. Packaged food makers have been raising prices to protect profit margins from higher costs, but have seen little opposition from inflation-hit consumers who continue to prefer chocolates and snacks over private-label…

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Wall St rallies as earnings season boost offsets economy worries

By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The tech-heavy Nasdaq led a Wall Street rally on Thursday as a strong quarterly report from Facebook parent Meta Platforms Inc overshadowed concerns over slowing U.S. economic growth. Shares in Meta closed up 13.9% after touching their highest level in more than a year after…

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