Canada approves Air Canada purchase of Transat, with conditions

Canada approves Air Canada purchase of Transat, with conditions
FILE PHOTO: Air Canada aircraft are pictured at Vancouver's international airport in Richmond, British Columbia, Canada, February 5, 2019. REUTERS/Ben Nelms/File PhotoOTTAWA (Reuters) - Canada has approved Air Canada’s purchase of troubled rival Transat A.T. Inc, subject to a number of conditions, Transport Minister Omar Alghabra said on Thursday.In a statement, Alghabra said the COVID-19… Read More

Fed’s Barkin: U.S. economy doesn’t need ‘herd immunity’ to rebound

Fed’s Barkin: U.S. economy doesn’t need ‘herd immunity’ to rebound
FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir(Reuters) - A slower-than-expected vaccine rollout and the rise of coronavirus variants may make attaining herd immunity against the novel coronavirus difficult, but that should not… Read More

Breakingviews

Breakingviews
Cans of Hormel Foods Corp's Spam are pictured at a news conference in Tokyo December 11, 2008. REUTERS/Michael CaronnaNew York (Reuters Breakingviews) - Concise insights on global finance in the Covid-19 era.-------------------------------------------------A LITTLE BIT NUTS. Hormel Foods is buying peanuts, but at a price that is anything but. The $27 billion maker of meat products… Read More

Sudan cracking down on ex-ruling party after violent protests

Sudan cracking down on ex-ruling party after violent protests
KHARTOUM (Reuters) - A committee tasked with dismantling the government of toppled former president Omar al-Bashir has issued a wide-ranging order to prosecute members of Sudan’s ex-ruling party following days of violent protests across the country.Posted early on Thursday, the decree directed state governors to‮ ‬take action through the public prosecutor against “all leaders of… Read More