Canada launches new Indo-Pacific strategy, focus on ‘disruptive’ China

Canada launches new Indo-Pacific strategy, focus on ‘disruptive’ China

OTTAWA, Nov 27 (Reuters) – Canada launched its long-awaited Indo-Pacific strategy on Sunday, vowing more resources to deal with a “disruptive” China while working with the world’s second-biggest economy on climate change and trade issues. The 26-page document outlined C$2.3 billion ($1.7 billion) spending, including to boost Canada’s military presence and cyber security in the … Read more

Canada orders three Chinese firms to exit critical minerals deals

Canada orders three Chinese firms to exit critical minerals deals

OTTAWA, Nov 2 (Reuters) – Canada’s government ordered three Chinese firms on Wednesday to divest their investments in Canadian critical minerals companies on grounds of national security. The three firms ordered to divest their investments are Sinomine (Hong Kong) Rare Metals Resources Co Ltd, Chengze Lithium International Ltd, also based in Hong Kong, and Zangge … Read more

Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

Oct 11 (Reuters) – Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. The deal for one of the most storied names in the American power industry at an equity value of … Read more

Ethiopia peace talks delayed for logistical reasons

Ethiopia peace talks delayed for logistical reasons

NAIROBI, Oct 7 (Reuters) – African Union-led peace talks proposed for this weekend to try to end a two-year-old conflict in northern Ethiopia’s Tigray region have been delayed for logistical reasons, Tigray forces and two diplomatic sources said on Friday. Ethiopia’s government and Tigray forces said on Wednesday that they accepted the AU’s invitation to … Read more

Ethiopia, Tigrayan forces accept African Union-led peace talks

Ethiopia, Tigrayan forces accept African Union-led peace talks

Peace talks due in South Africa this weekend Conflict has raged since 2020, uprooting millions NAIROBI, Oct 5 (Reuters) – Ethiopia’s government and rival Tigrayan forces said on Wednesday they have accepted an invitation by the African Union to participate in peace talks aimed at ending a two-year conflict. The talks, slated for this weekend … Read more

Exclusive: Banks divert gold supply from India to China, Turkey

Exclusive: Banks divert gold supply from India to China, Turkey

MUMBAI, Oct 4 (Reuters) – Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets where better premiums are offered, three bank officials and two vault operators told Reuters. That could create scarcity in the world’s second-biggest market for gold, and force Indian … Read more

Ten killed in air strikes on capital of Ethiopia’s Tigray region – hospital

Ten killed in air strikes on capital of Ethiopia’s Tigray region – hospital

Register now for FREE unlimited access to Reuters.com Register More lives lost in nearly two-year conflict TPLF says Eritrean troops return to the war Hospital lacks oxygen, medicines for wounded NAIROBI, Sept 14 (Reuters) – A second day of air strikes against the capital of Ethiopia’s northern Tigray region killed 10 people on Wednesday, hospital … Read more

Column: U.S. hits the EV accelerator to cut Chinese metals ties: Andy Home

Column: U.S. hits the EV accelerator to cut Chinese metals ties: Andy Home

LONDON, Aug 16 (Reuters) – The Inflation Reduction Act (IRA) includes the “largest investment ever in combating the existential crisis of climate change”, according to President Joe Biden, who will sign the bill into law later on Tuesday. Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity … Read more

Chilean authorities investigate mysterious large sinkhole near copper mine

Chilean authorities investigate mysterious large sinkhole near copper mine

SANTIAGO, Aug 1 (Reuters) – Chilean authorities started investigating on Monday a mysterious sinkhole about 25 meters (82 feet) in diameter that appeared over the weekend in a mining area in the north of the country. Chilean media showed aerial images of the sinkhole on land operated by a Canadian Lundin Mining (LUN.TO) copper mine, … Read more

S&P 500 ends choppy session nearly flat; investors eye Fed, earnings

S&P 500 ends choppy session nearly flat; investors eye Fed, earnings

Apple, Amazon.com among companies to report earnings this week FOMC to kick off two-day policy meeting from Tuesday Miner Newmont falls after raising annual cost forecast Indexes: Dow up 0.3%, S&P 500 up 0.1%, Nasdaq down 0.4% NEW YORK, July 25 (Reuters) – The S&P 500 see-sawed on Monday and ended close to unchanged as … Read more