G7 price cap on Russian oil kicks in, Russia will only sell at market price
The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow’s ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production.
Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom
As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country’s concentrated banking market could discourage big domestic banks from bidding as the government has charged the antitrust regulator to push for more competition.
King Charles to address a nation shaken by death of queen
Britain’s King Charles will address a country in mourning on Friday following the death of his mother Queen Elizabeth, the only monarch most Britons ever knew and the “spirit of the nation” for seven decades.
Canada’s Scotiabank profit rises on lending strength in international unit
Bank of Nova Scotia reported third-quarter profit a touch below estimates on Tuesday, but earnings rose from a year earlier as strong loan growth, particularly in its international business helped offset challenges in its wealth and capital markets units.
Explainer: How will Rogers’ C$20 bln contested bid for Shaw play out
Rogers Communications (RCIb.TO) faces a tough antitrust regulator and a July 31 deadline to close its C$20 billion ($15.5 billion) acquisition of Calgary-based Shaw Communications (SJRb.TO).
Russia resumes gas flows via Nord Stream, Europe still wary
Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, the operator said, allaying Europe’s immediate winter supply fears after President Vladimir Putin had warned that flows could be cut further or stopped.
Online assessment and benchmarking tool for geoscientists establishes a worldwide audience
A UK-developed online self-assessment tool which benchmarks individuals’ skills and identifies skills gaps within the international operational geoscience community, is establishing a worldwide presence within nine months of its launch.
Russia fines foreign firms for alleged data storage violations
A Moscow court said it had fined video streaming service Twitch, social network Pinterest, holiday rental company Airbnb and United Parcel Service (UPS) on Tuesday for refusing to store Russian citizens’ personal data in Russia.
Exclusive: PetroChina may sell Australian, Canadian assets to stem losses
PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the Middle East, Africa and central Asia, two people with knowledge of the matter said.
Uber agrees to Australia minimum pay body after similar moves in Britain, Canada
Uber Technologies Inc (UBER.N) and Australia’s main transport union agreed on Tuesday to back a federal body that enforces minimum pay for the company’s drivers, joining a global thawing of relations between the ride-hailing giant and industrial bodies.
