Canada

Canada’s Tragically Hip singer Gord Downie dies, PM weeps

TORONTO (Reuters) – The death of Tragically Hip frontman Gord Downie, a music superstar beloved for songs about culture, small towns and hockey, triggered an outpouring of tributes and grief across Canada on Wednesday. Downie, 53, who was diagnosed with terminal brain cancer in 2015, died on Tuesday night surrounded by his family, according to […]

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Barrick Gold and Tanzania reach agreement, govt to take stake in mines

DAR ES SALAAM (Reuters) – Barrick Gold has agreed that Tanzania will own a 16 percent stake in three gold mines operated by Barrick’s Acacia Mining Plc, the company and a government minister announced on Thursday. Barrick Chairman John Thornton told a news conference in the Tanzanian capital that the company had also agreed to […]

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South Africa commits to shale gas despite adverse court ruling

By Wendell Roelf CAPE TOWN (Reuters) – South Africa’s mineral resources minister said on Thursday the government remains committed to shale gas exploration despite a court order revoking fracking regulations that pushes back plans to award the first exploration licenses by 2019. Farmers lobby AgriSA had said earlier that the High Court had issued an […]

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South Africa remains committed to shale gas exploration, says minister

CAPE TOWN (Reuters) – South Africa remains committed to shale gas exploration and was studying a court order revoking fracking regulations as it pushes to award the first exploration licenses by 2019, the mineral resources minister said on Thursday. Earlier on Thursday, farmers lobby AgriSA said that a South African High Court quashed regulations governing […]

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South African court revokes shale gas regulations; AgriSA

CAPE TOWN (Reuters) – South Africa’s High Court has quashed regulations governing proposed shale gas fracking, farmers lobby AgriSA said on Thursday after taking the government to court to stop fracking in Eastern Cape province. The ruling marks the latest setback to South Africa’s shale gas ambitions after a scientific study published last month suggested […]

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Banking software firm Temenos targets further growth in Americas

ZURICH (Reuters) – Swiss banking software supplier Temenos expects a bigger share of its revenue to come from the United States, Canada and South America in the years ahead, Chief Executive David Arnott said on Wednesday. Geneva-based Temenos now generates 15-20 percent of its turnover in North and South America, most of which comes from […]

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Mercedes and Hamilton on brink of F1 titles

By Alan Baldwin AUSTIN, Texas (Reuters) – Lewis Hamilton could be crowned Britain’s first four-times Formula One world champion in Texas this weekend while Mercedes are on the brink of a fourth consecutive constructor’s title. The chances of Mercedes, 145 points clear of Ferrari with four races remaining, wrapping things up in Austin appear to […]

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Mercedes and Hamilton on brink of F1 titles

By Alan Baldwin AUSTIN, Texas (Reuters) – Lewis Hamilton could be crowned Britain’s first four-times Formula One world champion in Texas this weekend while Mercedes are on the brink of a fourth consecutive constructor’s title. The chances of Mercedes, 145 points clear of Ferrari with four races remaining, wrapping things up in Austin appear to […]

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U.S. indicts major Chinese traffickers for selling fentanyl online

By Sarah N. Lynch and Doina Chiacu WASHINGTON (Reuters) – The U.S. Department of Justice has indicted two major Chinese drug traffickers on charges of making illegal versions of fentanyl and selling the highly addictive drug to Americans over the internet and through international mail. Xiaobing Yan, 40, and Jian Zhang, 38, who are both […]

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Alphabet to develop high-tech waterfront site in Toronto

By Alastair Sharp TORONTO (Reuters) – Canada has tapped Google parent Alphabet Inc to help plan a mixed-use development along Toronto’s Lake Ontario waterfront using cutting-edge digital technologies and urban design. Alphabet’s Sidewalk Labs unit, which is developing new technologies for use in “smart cities,” said it would invest $50 million in the initial planning […]

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Bank of Canada, TMX to test blockchain for securities settlement

TORONTO (Reuters) – Canada’s central bank, Toronto Stock Exchange operator TMX Group Ltd and Payments Canada said on Tuesday they will collaborate to test the use of blockchain technology for automating the securities settlement process. The three organizations said they would develop an experimental integrated securities and payment settlement platform using a distributed ledger, the […]

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Tiger cleared by doctors to return to golf: ESPN

(Reuters) – Tiger Woods has been cleared to resume full golf activity with no restrictions by the doctor that performed back surgery on the 14-time major champion in April, ESPN reported on Monday. The 41-year-old American has only played six competitive rounds in the past two years while trying to recover from multiple back surgeries. […]

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