(Reuters) -Canada’s competition regulator said on Thursday it was suing Cineplex Inc for 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. Competition Bureau Canada…
By Jeff Mason and Trevor Hunnicutt HIROSHIMA, Japan (Reuters) – The United States and the rest of the “Group of Seven” major economies will unveil new sanctions and export controls targeting Russia over its war against Ukraine, a U.S. official said ahead of a G7 summit in Japan. G7 leaders are gathering in Hiroshima on…
(Reuters) – The electric grid operator for the U.S. Midwest on Thursday drew attention to the pressing need to reform power markets in the face of a shifting generation fleet and worsening extreme weather, even as it had enough capacity to meet demand in 2023-24. The reforms are needed “to maintain reliability and send the…
By Will Dunham WASHINGTON (Reuters) – Our species arose in Africa more than 300,000 years ago, with the oldest-known Homo sapiens fossils discovered at a site in Morocco called Jebel Irhoud, located between Marrakech and the Atlantic coast. But the scarcity of Homo sapiens fossils from early in our evolutionary history and the geographical spread…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to seven-week peaks on Thursday as another round of solid economic data further pared back bets on easing by the Federal Reserve, with the greenback also boosted by expectations of a U.S. debt ceiling deal to a avert potential default. The dollar index, a measure…
NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results fell in the fourth quarter of 2022 compared with the previous quarter, data from treasury and financial management firm Kyriba showed on Thursday. The collective exchange-rate hit, including on companies in the United States, Canada and Mexico, was $28.94 billion…
By Trevor Hunnicutt and John Irish WASHINGTON/PARIS (Reuters) -The longest shadows at the Group of Seven (G7) leaders’ summit this week will be cast by two countries that weren’t even invited to the Hiroshima gathering: China and Russia. As the heads of the world’s advanced democracies meet for three days from Friday in the western…
By Paul Lienert (Reuters) – General Motors has said it will have the capacity to build 1 million electric vehicles in North America by 2025, but a slow ramp-up of its three U.S. battery plants could limit actual EV production to less than 600,000 at mid-decade, according to a forecast and analysis prepared for Reuters….
By Allison Lampert MONTREAL (Reuters) – A faceoff this week between WestJet Airlines and its pilots over pay could set the stage for aviators’ demands in future bargaining with Air Canada. Pilots at Onex Corp-owned WestJet gave notice on Monday that they could go on strike as early as Friday, raising fears of travel disruptions…
By Sabine Siebold BRUSSELS (Reuters) – NATO will step back to the future at its Vilnius summit in July, with leaders set to approve thousands of pages of secret military plans that will detail for the first time since the Cold War how the alliance would respond to a Russian attack. The move signifies a…