(Reuters) – Canada’s competition regulator said on Thursday it was suing Cineplex Inc for allegedly advertising movie tickets at a lower price than what many consumers actually have to pay. “We’re taking action against Cineplex because misleading tactics like drip pricing only serve to deceive and harm consumers,” said Commissioner of Competition Matthew Boswell. Cineplex…
(Reuters) – Shares in Nvdia Corp, Advanced Micro Devices and Micron Technology on Thursday provided the biggest boosts to the chip sector, which outperformed the broader market as investors looked for ways to invest in artificial intelligence and in Japan. Shares in chip design software company Synopsys shares ended up 8.7% after it forecast better-than-expected…
By Mike Stone WASHINGTON (Reuters) – The U.S. Department of State said on Thursday it wants to update internal processes for the tens of billions worth of foreign military sales it oversees each year to speed up approvals “for an age of heightened strategic competition.” The move comes as the war in Ukraine has shown…
By Maggie Michael CAIRO (Reuters) -Over four terrifying hours last weekend, masked gunmen affiliated to one of Sudan’s warring factions raided one of Khartoum’s oldest churches, opening fire at church officials as they searched for cash, gold and women, two witnesses said. The raid was one of many targeting homes, factories, banks and places of…
By Sakura Murakami and Jeff Mason HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden and Japan’s Fumio Kishida met for talks in the deeply symbolic city of Hiroshima on Thursday, aiming for closer cooperation in the face of an ascendant China and an unpredictable Russia they see as threatening the post-war order. The two met…
WASHINGTON (Reuters) – A group of five TikTok users, who also create content posted on the short-video app, filed suit in U.S. District Court in Montana on Thursday seeking to block the state’s new ban on the Chinese-owned platform. Montana Governor Greg Gianforte on Wednesday signed legislation to ban TikTok in the state, effective Jan….
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japan takes center stage on Friday, with the April consumer price inflation report grabbing the data spotlight and the Group of Seven leaders summit in Hiroshima stealing the global political and economic limelight. These events come amid rapidly…
By Cecile Mantovani and Denis Balibouse GENEVA (Reuters) – Fabrizio Fidati, who lost his right hand in an accident 25 years ago, had not experienced the sensation of temperature in his missing digits until trials for a bionic technology unlocked the cool of iced water and heat of a stove burner for him. Eventually, the…
(Reuters) – U.S. regional bank stocks edged higher on Thursday, rallying from earlier session losses, as market expectations that the sector is moving past its troubles continue to buoy trading. The KBW Regional Banking Index edged up 0.07%. The index had jumped 7.2% on Wednesday, recording its biggest percentage gain in nearly two years, following…
By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping at the off-price retailer and easing freight costs. Sticky inflation has led consumers to cut spending on higher-priced goods, boosting sales at retailers such as Ross Stores and Burlington Stores…
