Canada, Quebec to provide about C$300 million for GM-POSCO battery materials facility

OTTAWA (Reuters) – Canada’s federal government and the Quebec province will each provide about C$150 million ($112 million) for a General Motors-POSCO Chemical battery materials facility that is expected create about 200 jobs in the country, the Canadian industry ministry said on Monday. The U.S. carmaker and South Korea’s POSCO outlined their plan last year…

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El Salvador court sentences ex-President Funes to 14 years in prison

By Nelson Renteria SAN SALVADOR (Reuters) – A court in El Salvador sentenced former President Mauricio Funes and his justice minister to more than a decade behind bars for their ties to criminal groups and failure to comply with duties, the attorney general’s office said on Monday. Funes was sentenced to 14 years and his…

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Air Canada pilots end 10-year contract framework, eye bargaining

By Allison Lampert MONTREAL (Reuters) -Air Canada’s pilots have ended a decade-long contract framework, opening the door to “full bargaining this summer,” their union leadership said on Monday in a note to members seen by Reuters. Air Canada pilots have previously said they are pressing for “historic” gains to narrow the earnings gap with higher-paid…

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Wildfire in Canada’s Halifax leads to evacuation orders for thousands of homes

By Eric Martyn and Kanishka Singh HALIFAX (Reuters) – A wildfire in the eastern Canadian city of Halifax led to mandatory evacuation orders for thousands of homes, and officials said residents will not be not allowed to return until advised by municipal authorities. Halifax Mayor Mike Savage said the evacuations impacted about 18,000 people. The…

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Turkey’s Erdogan triumphs in election test, extending 20-year rule

By Daren Butler and Ezgi Erkoyun ISTANBUL (Reuters) – President Tayyip Erdogan and supporters on Monday revelled in an election victory lengthening his rule into a third decade while Turkey’s opposition, which once counted on winning, braced for “difficult days” against an increasingly autocratic government. His rival Kemal Kilicdaroglu said it was “the most unfair…

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Oil ticks up as markets weigh U.S. debt deal, rate hike possibility

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged higher in choppy trading on Monday, as markets weighed a tentative U.S. debt ceiling deal that would avert a default by the world’s top oil consumer against further Federal Reserve interest rate hikes that could curb energy demand. Brent crude futures settled up 12 cents, or…

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