Yen stronger post-emergency meeting, dollar stays lower

By Hannah Lang WASHINGTON (Reuters) – Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top versus the yen before retreating after Japanese officials gave their currency a nudge. Japan will closely watch currency market moves and respond “appropriately” as needed, the country’s top currency diplomat…

Read More

Canada’s former Conservative leader says China ‘orchestrated’ campaign against him

By Steve Scherer OTTAWA (Reuters) – Canada’s spy agency told former Canadian Conservative Party leader Erin O’Toole that China campaigned to discredit him and suppress votes ahead of the 2021 election he lost to Liberal Prime Minister Justin Trudeau, O’Toole said on Tuesday. In a briefing on Friday, the Canadian Security Intelligence Service (CSIS) informed…

Read More

Climate battle looms as Smith wins Alberta election and targets Trudeau

By Steve Scherer and Nia Williams (Reuters) -Alberta’s election of conservative leader Danielle Smith puts her on a collision course with Canada’s Liberal Prime Minister Justin Trudeau over climate policies that she claims will undermine the province’s massive fossil fuel industry. Smith, leader of the United Conservative Party (UCP), defeated left-leaning New Democratic Rachel Notley…

Read More

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…

Read More

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…

Read More

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…

Read More

Eastern Canada’s Halifax declares emergency over wildfire, shutting schools

(Reuters) – The eastern Canadian city of Halifax declared a state of local emergency late on Sunday after a wildfire caused evacuations and power outages, with authorities shutting several schools in the affected area. The Halifax Regional Municipality has set up temporary accommodation for people fleeing the fire, and reminded residents in early on Monday…

Read More

Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal

By Dhara Ranasinghe LONDON (Reuters) – The dollar nudged down on Monday, pulling back from six-month peaks against the yen as a U.S. debt ceiling deal lifted risk appetite in world markets and dented the greenback’s safe-haven appeal. U.S. President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy to suspend…

Read More

Haiti’s deadly vigilante movement sees decline in gang violence – report

PORT-AU-PRINCE (Reuters) – Violence by armed gangs has fallen “drastically” since the emergence of a vigilante justice movement that has seen at least 160 suspected criminals killed in the last month, a report by local human rights research group CARDH said on Sunday. The situation in the Caribbean country remains extremely volatile as heavily armed…

Read More