(Reuters) – Canada’s Competition Bureau on Friday made several recommendations for a more competitive legal cannabis industry in the country and to safeguard it from illicit market activity. The recommendations include review of the cannabis licensing process and related costs, adjustments in THC limits for edible cannabis products, and easing of restrictions on cannabis promotion,…
By Benjamin Mallet and America Hernandez PARIS (Reuters) – TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major’s greenhouse gas emissions programme after police intervened to stop climate protesters disrupting its annual general meeting. The resolution, filed by climate group Follow This and 17 institutional investors with a total…
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Only five transactions involving foreign companies selling assets in Russia since October have involved payments to non-residents above $400 million, the Bank of Russia said on Friday, playing down the impact of such deals on financial stability. From telecoms companies to fashion retailers, thousands of firms…
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around the world to draw up new rules governing the technology. On Wednesday, he threatened the ChatGPT maker may leave the EU if the bloc “overregulated”. Altman has spent the past week crisscrossing Europe, meeting…
(Reuters) – Canadian privacy regulators are launching a joint investigation into ChatGPT-parent OpenAI’s data collection and usage, becoming the latest major government to take a closer look at the regulation of artificial intelligence (AI) tools. The federal privacy regulator, along with counterparts in Quebec, British Columbia and Alberta, will investigate if OpenAI has obtained consent…
By Marc Jones and Nevzat Devranoglu LONDON/ANKARA (Reuters) – As Turkey’s lira hit a record low ahead of the country’s election decider on Sunday, the currency is looking increasingly dysfunctional with investors concerned about what may be in store if Tayyip Erdogan secures another decade in power. ‘Erdonomics’, as the 69-year old president’s unorthodox, growth-chasing…
By Pete Schroeder WASHINGTON (Reuters) -As the United States stares at the risk of a credit downgrade, former Standard & Poor’s officials stood firm behind their seminal 2011 call to slash the country’s rating as the right decision. That downgrade came days after Washington narrowly averted a default, but S&P went ahead, cutting the U.S….
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Japan on Friday announced its mid-term economic policy framework, featuring Prime Minister Fumio Kishida’s “new capitalism” priorities, such as efforts to stem a declining birthrate with increases in childcare spending. The outline, which will serve as a backbone for the government’s economic policy set to be finalised…
(Reuters) – Russia’s Foreign Ministry summoned senior U.S. diplomats on Friday to protest against remarks by White House national security adviser Jake Sullivan, whom it accused of “effectively endorsing strikes” on Crimea. The peninsula on the Black Sea was seized by Russia and unilaterally annexed from Ukraine in 2014, but is internationally recognised as Ukrainian…
MILAN (Reuters) – Renault’s chief executive said on Friday the European Union’s proposed Euro 7 emissions rules for vehicles would distract the auto industry from its path to electrification and thanked the Italian government for opposing them. EU countries and lawmakers are due this year to negotiate proposed new “Euro 7” legislation that tightens vehicle…
