Canada’s finance ministry calls report of CPPIB CEO’s overseas trip for COVID shot ‘very troubling’

Canada’s finance ministry calls report of CPPIB CEO’s overseas trip for COVID shot ‘very troubling’
TORONTO, Feb 25 (Reuters) - Canada’s ministry of finance called a media report that the head of the country’s largest pension fund had traveled to the Middle East and received a COVID-19 vaccination “very troubling”.Mark Machin, the 54-year-old chief executive of the C$475.7 billion ($377 billion) Canada Pension Plan Investment Board (CPPIB), received a Pfizer… Read More

Brazil’s Vale earnings take large hit on Brumadinho disaster costs

Brazil’s Vale earnings take large hit on Brumadinho disaster costs
FILE PHOTO: Brazilian mining company Vale SA logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., December 6, 2017. REUTERS/Brendan McDermidRIO DE JANEIRO (Reuters) - Brazilian miner Vale SA’s most closely watched earnings metric for the fourth quarter came in far below expectations due… Read More

Asia stocks skid as global inflation fears, tech woes hit Wall Street

Asia stocks skid as global inflation fears, tech woes hit Wall Street
SYDNEY/MIAMI (Reuters) - Asian stocks skidded to one-month lows on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.FILE PHOTO: Pedestrians are reflected in an electronic board displaying various stock prices at a brokerage in Tokyo, Japan,… Read More

Biden disappointed in Senate official’s minimum wage ruling -White House

Biden disappointed in Senate official’s minimum wage ruling -White House
WASHINGTON, Feb 25 (Reuters) - U.S. President Joe Biden is disappointed in the ruling by the Senate parliamentarian that the chamber cannot include his proposed $15-an-hour minimum wage in a $1.9 trillion coronavirus bill, White House spokeswoman Jen Psaki said on Thursday.“He will work with leaders in Congress to determine the best path forward because… Read More

Biden disappointed in Senate official’s minimum wage ruling: White House

Biden disappointed in Senate official’s minimum wage ruling: White House
U.S. President Joe Biden removes his face mask to speak as he commemorates the 50 millionth coronavirus disease (COVID-19) vaccination in the South Court Auditorium at the White House in Washington, U.S., February 25, 2021. REUTERS/Jonathan ErnstWASHINGTON (Reuters) - U.S. President Joe Biden is disappointed in the ruling by the Senate parliamentarian that the chamber… Read More

German bishop vows full probe of church sexual abuses amid ire over delayed report

German bishop vows full probe of church sexual abuses amid ire over delayed report
BERLIN (Reuters) - The head of the German Bishops’ Conference on Thursday pledged a no-holds-barred investigation into alleged sexual abuses by clerics in the Cologne diocese amid discontent over delays in publishing a report on the matter.FILE PHOTO: Rainer Maria Cardinal Woelki speaks to people during a food distribution for the needy at the Cologne… Read More

Forced labor ‘crudest example’ of problems in global trade: USTR nominee Tai

Forced labor ‘crudest example’ of problems in global trade: USTR nominee Tai
Katherine Tai, nominee for US Trade Representative speaks at the Senate Finance Committee hearing at the US Capitol in Washington, DC, U.S. February 25, 2021. Tasos Katopodis/Pool via REUTERSWASHINGTON (Reuters) - Katherine Tai, President Joe Biden’s nominee as the next U.S. Trade Representative, on Thursday called for a strategic rethink of global trade policies that… Read More