By Anna Mehler Paperny TORONTO (Reuters) – As Canada’s largest strike by federal workers approaches its third week, thousands of people are in immigration limbo amid canceled hearings and stalled applications, which could make it harder for the country to compete for global talent as employers face a tight labour market. About 155,000 federal public…
ZURICH (Reuters) – As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spinning off the Swiss part of Credit Suisse and having the business’s current head, Andre Helfenstein, run it, NZZ am Sonntag reported on Sunday….
ZURICH (Reuters) – As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spinning off the Swiss part of Credit Suisse and having the business’s current head, Andre Helfenstein, run it, NZZ am Sonntag reported on Sunday….
FRANKFURT (Reuters) – Adidas, which has come under pressure after ending its lucrative Yeezy shoe partnership with Kanye West, is trying to grab a bigger slice of the U.S. sports market, the group’s regional head told the Wall Street Journal. “We want to double down on all of the things that are U.S.-centric, particularly around…
PARIS (Reuters) – Food price inflation in France – which has been a major concern for consumers – should ease off by September, said government minister Olivia Gregoire on Sunday. “By the time people come back from their holidays in September, we will have a visible decrease in the prices you see on the shelves…
WASHINGTON (Reuters) -The United States urged China on Saturday to stop harassing Philippine vessels in the South China Sea, pledging to stand with the Philippines after another maritime confrontation between the two Asian countries. “We call upon Beijing to desist from its provocative and unsafe conduct,” the U.S. State Department said in a statement. The…
By Kirsty Needham SYDNEY (Reuters) – U.S. President Joe Biden and his Indian counterpart, Narendra Modi, will join Pacific Islands leaders next month for a “historic” future-oriented meeting, Papua New Guinea Prime Minister James Marape said on Sunday. “This is a historic first and at the same time a ‘going forward’ futuristic meeting of global…
By Philip Pullella and Boldizsar Gyori BUDAPEST (Reuters) -Pope Francis on Sunday presided over a big outdoor Mass where he urged Hungarians not to close the door on migrants and those who are “foreign or unlike us,” in contrast to the anti-immigrant policies of nationalist Prime Minister Viktor Orban. More than 50,000 people gathered in…
By Aidan Lewis and Tom Perry CAIRO (Reuters) -Sudan’s warring factions are locked in a conflict that two weeks of fighting shows neither can easily win, raising the spectre of a drawn-out war between an agile paramilitary force and the better-equipped army that could destabilise a fragile region. Even with hundreds of people killed and…
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday, raising pressure on policymakers seeking to boost an economy struggling for a post-COVID lift-off amid subdued global demand and persistent property weakness. The official manufacturing purchasing managers’ index (PMI) declined to 49.2 from 51.9 in…
