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Trade frictions raise questions about China’s fentanyl promise

WASHINGTON (Reuters) – China has pledged to stem a flood of the synthetic opioid fentanyl onto America’s streets, where it kills thousands of people a month, but U.S. security experts are skeptical about whether Beijing is willing, or even able, to follow thro... More »

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Pan claims first tour win by one stroke over Kuchar

(Reuters) – Taiwan’s Pan Cheng-tsung held steady when it counted and won his first PGA Tour tournament with a one-stroke victory over Matt Kuchar as world number one Dustin Johnson stumbled badly on the back nine at the RBC Heritage in South Carolina on Sunday... More »

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New NAFTA deal ‘in trouble’, bruised by elections, tariff rows

MEXICO CITY/OTTAWA (Reuters) – More than six months after the United States, Mexico and Canada agreed a new deal to govern more than $1 trillion in regional trade, the chances of the countries ratifying the pact this year are receding. The three countries stru... More »

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Ethiopian Airlines CEO promises to get to bottom of flight 302 crash

ADDIS ABABA (Reuters) – Ethiopian Airlines CEO Tewolde Gebremariam said on Monday the airline would work with investigators in Ethiopia, the United States and elsewhere “to figure out what went wrong with flight 302”. We will “work with Boeing and our colleagu... More »

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Teenager Andreescu stuns Kerber to win Indian Wells title

(Reuters) – Canadian teenager Bianca Andreescu stunned three-times Grand Slam champion Angelique Kerber 6-4 3-6 6-4 to win the BNP Paribas Open and capture her first career title in Indian Wells on Sunday. Andreescu used creative and aggressive shot-making to ... More »

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Andreescu a champion in her mind and on the court

(Reuters) – Bianca Andreescu pictured herself as BNP Paribas Open champion so many times during the tournament that actually winning it should have come as no great surprise but the Canadian wildcard was still stunned by Sunday’s victory over Angelique Kerber.... More »

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Box Office: ‘Captain Marvel’ conquers again with $69 million

LOS ANGELES (Variety.com) – Newcomers were no match for Disney’s “Captain Marvel” at the domestic box office. The superhero blockbuster soared past the competition, bringing in $69 million in its second weekend of release. Marvel’s first comic-book tentpole to... More »

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Boeing postpones 777X event after Ethiopian Airlines crash

(Reuters) – Boeing Co said late Sunday it will postpone the planned ceremonial debut of its 777X widebody aircraft after Sunday’s crash of an Ethiopian Airlines plane that left 157 dead. A Boeing spokesman said there was no delay to the 777X program. Boeing sa... More »

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Ethiopian Airlines flight crashes, killing 157

NAIROBI/ADDIS ABABA (Reuters) – An Ethiopian Airlines passenger jet bound for Nairobi crashed minutes after take-off on Sunday, killing all 157 people on board and raising questions about the safety of the Boeing 737 MAX 8, a new model that also crashed in Ind... More »

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Box Office: ‘Captain Marvel’ soars to $153 million launch

LOS ANGELES (Variety.com) – Brie Larson’s “Captain Marvel” is soaring to a heroic opening weekend of $153 million in North America at 4,310 sites, reviving what had been a slumbering 2019 box office. “Captain Marvel” took in $302 million internationally, givin... More »

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Bronx star Jennifer Lopez engaged to ex-Yankees slugger A-Rod

NEW YORK (Reuters) – Former New York Yankees slugger Alex Rodriguez is engaged to the pop star, actress and producer Jennifer Lopez, they announced on social media on Saturday, sharing a photo of her ring. “She said yes,” Rodriguez, known as A-Rod, said on Twi... More »

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NHL: Mobile games company Playtika becomes partner of Canadiens

(Reuters) – Leading mobile games company Playtika has become a partner of the National Hockey League’s Montreal Canadiens, the company announced. Playtika also is the main sponsor of the Spanish soccer club Sevilla FC. “Montreal is home to one of Playtika’s mo... More »

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Elon Musk’s SpaceX capsule splashes down off Florida coast

CAPE CANAVERAL, Fla. (Reuters) – An unmanned capsule from Elon Musk’s SpaceX splashed into the Atlantic Ocean on Friday, successfully completing a mission crucial to NASA’s long-delayed quest to resume human space flight from U.S. soil later this year. After a... More »

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‘Simpsons’ producer pulls episode featuring Michael Jackson

(Reuters) – An old episode of “The Simpsons” featuring the voice of Michael Jackson is being pulled from all future broadcasts, the show’s producer told a newspaper, following a documentary about alleged child abuse by the late pop star. “It feels clearly the ... More »

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Eyes on the sea: companies compete for Australian maritime…

AVALON, Australia (Reuters) – Major global defense contractors want to sell Australia on cutting-edge technology such as high-altitude, solar-electric powered drones and optionally manned aircraft to keep an eye on the oceans. Airbus SE, Italy’s Leonardo SpA, ... More »

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Huawei CFO suing Canada over December arrest

OTTAWA (Reuters) – The lawyers for Huawei Chief Financial Officer Meng Wanzhou are suing the Canadian government, its border agency and federal police, alleging their client was detained, searched and interrogated for three hours in violation of her constituti... More »

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Trump says big U.S. savings in curbing joint South Korea military…

WASHINGTON (Reuters) – President Donald Trump said on Sunday the reason he wanted to curb military drills with South Korea was to save the United States hundreds of millions of dollars in costs, and suggested it could also reduce tensions with North Korea. “Th... More »

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Private equity investors fret about managers overpaying for deals

BERLIN (Reuters) – Some of the world’s biggest private equity investors raised concerns this week that the $3.4 trillion leveraged buyout industry is overheating, as more fund managers pay top dollar for acquisitions that could prove costly down the line. Priv... More »

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Airbus, OneWeb aim for new satellite era with first launch

SEATTLE/PARIS (Reuters) – A rocket carrying six satellites built by Airbus SE and partner OneWeb blasted off from French Guiana on Wednesday, the first step in a plan to give millions of people in remote and rural areas high-speed internet beamed down from spa... More »

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Toronto police probe hurling of chair from high-rise balcony

TORONTO (Reuters) – Toronto police said on Monday they are investigating an incident of a woman hurling a chair from the balcony of a high-rise condominium that was captured on a video that went viral. The video, captioned “Good morning,” shows a woman with lo... More »

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African nations sense upper hand in minerals stand-off

CAPE TOWN (Reuters) – African nations with rich reserves of copper and cobalt needed for the shift to electric vehicles sense they have the upper hand in negotiations with mining companies that are struggling to secure better terms. Days of talks at the Mining... More »

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Canadian hit ‘Schitt’s Creek’ gets 15 Canadian Screen Award nods

TORONTO (Reuters) – Canadian comedy “Schitt’s Creek” and drama “Anne with an E” led the nominations for the Canadian Screen Awards, grabbing 15 nods each on Thursday. The awards, which will be broadcast on March 31, recognize achievements in Canadian film, TV ... More »

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Jeff Bezos’ Blue Origin signs launch deal with Canada’s Telesat

ORLANDO, Fla. (Reuters) – Jeff Bezos’ rocket company, Blue Origin, has signed a deal with Canada’s Telesat to launch part of a satellite constellation aimed at providing speedy internet access to governments and businesses globally, the companies said on Thurs... More »

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Patriots, Rams arrive in Atlanta for Super Bowl

ATLANTA (Reuters) – The Los Angeles Rams and New England Patriots have touched down in Atlanta after enthusiastic send-offs from their fans ahead of their Super Bowl clash on Sunday. An estimated 35,000 Patriots fans packed into Gillette Stadium in Foxborough ... More »

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Canadian sentenced to death in China for drug smuggling

BEIJING (Reuters) – A Chinese court on Monday sentenced a Canadian man to death for drug smuggling after prosecutors said an original 15-year sentence given in November was too lenient. Dalian Intermediate People’s Court in the northeast province of Liaoning r... More »

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Box Office: ‘The Upside’ surprises at no. 1 with $19.5 million,…

LOS ANGELES (Variety.com) – In a surprise box office victory, STX’s “The Upside” doubled expectations with its $19.5 million debut, enough to defeat “Aquaman’s” three-week reign in North America. Bryan Cranston and Kevin Hart co-star in “The Upside,” which mar... More »

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Four men go on trial for theft of giant gold coin from Berlin museum

BERLIN (Reuters) – Four men went on trial on Thursday for stealing a gold coin the size of a manhole cover from one of Germany’s flagship museums in a daring night-time heist using a ladder and a wheelbarrow. German authorities believe the 100 kg (220 pound) C... More »

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Exclusive: New documents link Huawei to suspected front companies…

LONDON/HONG KONG (Reuters) – The U.S. case against the chief financial officer of China’s Huawei Technologies, who was arrested in Canada last month, centers on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that opera... More »

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China says it welcomes U.N. to visit Xinjiang via proper procedures

BEIJING (Reuters) – China said on Monday it would welcome U.N. officials to its far western region of Xinjiang if they follow the proper procedures, amid global concern over Beijing’s de-radicalization program there. Foreign Ministry spokesman Lu Kangm asked a... More »

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Green Growth to launch hostile bid for pot producer Aphria

(Reuters) – U.S. cannabis retailer Green Growth Brands Ltd (GGB.CD) said on Thursday it would make a hostile takeover bid for Aphria Inc (APHA.TO) in an all-stock deal valuing the Canadian pot producer at C$2.8 billion ($2.06 billion). Several companies are lo... More »

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Huawei expects 2018 revenue to rise 21 percent despite…

HONG KONG (Reuters) – Huawei Technologies [HWT.UL] is expected to record a 21 percent jump in revenue for 2018 to $109 billion, its rotating chairman said, marking the Chinese tech giant’s fastest pace of business growth in two years despite heightened global ... More »

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Box Office: ‘Aquaman’ debuts at No. 1 with $72 million, ‘Mary…

LOS ANGELES (Variety.com) – Jason Momoa’s “Aquaman” is the King of the Seven Seas — and now the box office. The DC adventure dominated in North America with a splashy $72 million debut, including previews. That’s a hefty start during a month that, aside from “... More »

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WADA denied Moscow lab data access, leaving Russia facing ban

TORONTO (Reuters) – Russia’s Anti-Doping Agency (RUSADA) is again on the verge of suspension after a World Anti-Doping Agency inspection team visiting a Moscow laboratory was denied access to raw data to complete its full reinstatement, WADA said on Friday. Th... More »

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Canadian dollar hits 19-month low as risk aversion offsets GDP gain

TORONTO (Reuters) – The Canadian dollar fell to a 19-month low against its broadly stronger U.S. counterpart on Friday, as declines for stocks and the price of oil offset data showing stronger-than-expected growth in the domestic economy. At 4:00 p.m. (2100 GM... More »

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Astronauts return safely to Earth from Space Station

(Reuters) – Three members of the International Space Station’s crew returned safely to Earth on Thursday, landing in Kazakhstan on a Russian Soyuz craft, NASA reported. It was the first return from the space station since October, when U.S. astronaut Nick Hagu... More »

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‘Benny the Beluga’ facing Christmas in the Thames far from home

LONDON (Reuters) – A beluga whale that was first spotted nearly three months ago in the River Thames is still feeding healthily east of the British capital and facing a lone Christmas hundreds of miles from its normal Arctic habitat. The white cetacean, which ... More »

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Huawei CFO bail hearing to resume in Canada as Beijing steps up…

TORONTO/BEIJING (Reuters) – A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on Monday where she’ll fight for her freedom with the help of pressure from Beijing against prosecutors’ claims she cannot be trusted. Huawei ... More »

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Chinese state media distance Huawei arrest from U.S. trade talks

BEIJING (Reuters) – Chinese state media on Monday denounced the arrest of a top executive at tech giant Huawei HWT.UL, but did not link it to talks to resolve a trade dispute with the United States, an apparent effort not to undermine prospects for a deal. Sen... More »

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Huawei CFO seeks bail on health concerns- Canada wants her in jail

TORONTO/BEIJING (Reuters) – The CFO of China’s Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her heal... More »

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Explainer: How does extradition to the U.S. work?

(Reuters) – The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce. Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou, who is a... More »

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Canada says it takes Trump’s talk of NAFTA withdrawal seriously

OTTAWA (Reuters) – Canada takes U.S. President Donald Trump’s comments about pulling out of NAFTA seriously and has no indication when the White House might act, Finance Minister Bill Morneau said on Monday. Morneau, speaking to a New York event arranged by Po... More »

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Oil surges 3 percent on trade truce, expected supply cuts

NEW YORK (Reuters) – Oil prices jumped by more than 3 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.... More »

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Russia launches first manned voyage to ISS since rocket accident

BAIKONUR COSMODROME, Kazakhstan (Reuters) – A Russian-made Soyuz rocket blasted a three-man crew into orbit on Monday, beginning the first manned voyage to the International Space Station since a mission in October was aborted in midair because of a rocket mal... More »

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Glencore appoints new industrial mining chief, copper marketing…

LONDON (Reuters) – Glencore (GLEN.L) has appointed Peter Freyberg to the newly created role of head of industrial mining, the global trader and miner said on Monday, while its head of copper marketing Telis Mistakidis retires at the end of the year. The London... More »

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Motor racing: Williams sign Canadian Latifi as F1 reserve

LONDON (Reuters) – Canadian Nicholas Latifi will be a reserve driver for Williams next season, the Formula One team announced on Monday. The 23-year-old was previously test and reserve driver for Force India, who now have Canadian owners and have been renamed ... More »

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Medicine or vice? Socially screened funds struggle to define…

NEW YORK (Reuters) – Is marijuana a medicine or a vice? The $8 trillion U.S. socially responsible investment industry is grappling with that question as more states approve the recreational use of cannabis, pushing consumption closer to “sin” stocks like alcoh... More »

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Box Office: ‘Mission Impossible — Fallout’ rocketing to $59…

LOS ANGELES (Variety.com) – Tom Cruise’s latest, “Mission: Impossible — Fallout,” is on its way to a No. 1 debut at the North American box office with an estimated $59 million. Should predictions hold, Paramount’s sixth installment of the franchise will finish... More »

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Several banks dismissed from U.S. metals price-fixing lawsuits

NEW YORK (Reuters) – A U.S. judge has dismissed five large banks from two antitrust lawsuits by investors alleging multi-year conspiracies to rig prices for hundreds of billions of dollars of transactions in the global silver and gold markets. U.S. District Ju... More »

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Gunman kills two, injures 12 on Toronto street, police say

TORONTO (Reuters) – A gunman opened fire on a Toronto street filled with restaurants late on Sunday, killing two people and injuring 12 others, including a young girl, authorities said. The suspected shooter was later found dead. The girl was in a critical con... More »

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Blackstone wins EU approval to buy Thomson Reuters unit

BRUSSELS (Reuters) – U.S. private equity firm Blackstone Group (BX.N) has secured EU antitrust approval to acquire a majority stake in Thomson Reuters’ (TRI.TO) Financial and Risk unit, the European Commission said on Monday. The EU enforcer said it did not se... More »

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U.S., euro zone growth readings to tell story of divergence

FRANKFURT (Reuters) – The U.S. and euro zone economies remain a world apart and growth data due in the coming days will only highlight the widening gap, suggesting that monetary policy will continue to move in opposing directions on the two sides of the Atlant... More »

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Detour Gold and Paulson trade barbs over hedge fund’s campaign

(Reuters) – Canadian miner Detour Gold and activist investor Paulson & Co entered into an increasingly heated public exchange on Wednesday over the hedge fund’s campaign to seek change at the company and a possible merger approach. Detour said it had asked the... More »

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Iran vows to sell as much oil as it can in face of U.S. sanctions

LONDON (Reuters) – Iran’s vice president acknowledged on Tuesday that U.S. sanctions would hurt the economy, but promised to “sell as much oil as we can” and protect banking. Eshaq Jahangiri said Washington was trying to stop Iran’s petrochemical, steel and co... More »

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It’s official: LeBron inks four-year contract with Lakers

LOS ANGELES (Reuters) – LeBron James made his seismic move to the Los Angeles Lakers official on Monday when the three-time NBA champion posted a photo of himself smiling alongside his freshly-signed four-year, $154 million contact. The news of the contract si... More »

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Do not blame OPEC, oil producer group says of Trump criticism

CALGARY, Alberta (Reuters) – The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame. “OPEC alone cannot be blamed for all the problems ... More »

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Singer Justin Bieber engaged to model Hailey Baldwin: reports

(Reuters) – Pop singer Justin Bieber became engaged to model Hailey Baldwin over the weekend, according to U.S. media reports on Sunday. The couple dated in 2016 but had broken up. Last month, they appeared together publicly, leading to speculation from fans t... More »

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Box Office: ‘Ant-Man and the Wasp’ marches to $76 million launch

LOS ANGELES (Variety.com) – “Ant-Man and the Wasp” squashed the competition at the domestic box office. The Marvel sequel — starring Paul Rudd and Evangeline Lilly — opened with $76 million from 4,206 North American locations. That start is significantly ahead... More »

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Canadian dollar seen higher but trade uncertainty to crimp gains:…

TORONTO (Reuters) – Canada’s dollar will climb over the coming year, a Reuters poll showed, but forecasters are less bullish than they were a month ago as escalating trade uncertainty competes with expected Bank of Canada interest rate hikes. The poll of more ... More »

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James agrees to four-year, $154 million deal with Lakers

(Reuters) – Three-time NBA champion LeBron James bid farewell to Cleveland on Sunday after agreeing to a four-year $154 million contract with the Los Angeles Lakers. The 33-year-old forward leaves the Cavaliers to join an iconic franchise that has won 16 NBA t... More »

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NBA: Durant, Paul to re-sign with teams – reports

(Reuters) – The two-time defending champion Golden State Warriors have agreed to re-sign Kevin Durant to a one-year contract with a player option for a second year, according to a report on Saturday. Durant, the NBA Finals MVP for the past two seasons, is expe... More »

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Drake on course to smash streaming records with ‘Scorpion’

LOS ANGELES (Reuters) – Canadian rapper Drake, the world’s best-selling artist of 2016, looked on course to set records tumbling again on Friday with his soul-baring new album “Scorpion,” in which he reveals he is a father. Spotify said the album was streaming... More »

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Oil rises as outages balance trade dispute, OPEC

LONDON (Reuters) – Oil prices rose on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and intensifying trade conflicts between the United States and other major economies. Bench... More »

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China’s regional jet gold rush hits regulatory turbulence

SHANGHAI (Reuters) – China’s regional jet market is struggling to get off the ground as Beijing slows approvals for new airlines, industry executives say, dashing hopes that recent policy changes would drive aircraft sales. Foreign companies such as Bombardier... More »

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Bank of England holds special vote: to decide World Cup winner

LONDON (Reuters) – Britain’s top central bankers held an unusual vote during their policy deliberations this week – to decide which country is most likely to win the World Cup taking place in Russia. Switzerland – which achieved an unexpected draw against five... More »

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The Ballmers are upping the game of giving away money

NEW YORK (Reuters) – (The writer is a Reuters contributor. The opinions expressed are his own.) What is a fitting follow-up to Steve Ballmer’s career at Microsoft, where he was one of the tech giant’s first employees and longtime CEO? How about becoming co-own... More »

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‘Solo: A Star Wars Story’ plummets to $29 million second weekend

LOS ANGELES (Variety.com) – “Solo: A Star Wars Story” continues to falter at the box office. Disney and Lucasfilm’s latest brought in $29.3 million from 4,381 locations over the three-day period. With a 65 percent decline from its $84 million three-day launch,... More »