EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a … Read more

In fighting gun crime, Canada has an American problem

In fighting gun crime, Canada has an American problem

OTTAWA/TORONTO, July 27 (Reuters) – A Texas man bought dozens of guns from licensed dealers in the state before illegally reselling at least 16, US officials say. Twelve were traced to crimes committed in America. The other four were traced to crimes in Canada. The case of the 31-year-old, indicted last month on charges that … Read more

Aviation sector faces hiring headache as mechanics shortage looms

Aviation sector faces hiring headache as mechanics shortage looms

MONTREAL/BENGALURU, July 15 (Reuters) – Christophe Gagnon considered quitting his avionics studies as COVID-19 crippled aviation, but the 21-year-old stayed in class and now the industry is desperate for more like him to keep planes flying. Two years after lockdowns nearly grounded the airline industry, repair shops and suppliers are scrambling for students like Gagnon, … Read more

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

People walk near power plant number 10 at Saudi Electricity Company’s Central Operation Area, south of Riyadh, April 27, 2012. REUTERS Register now for FREE unlimited access to Reuters.com Register This includes content produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Kingdom burns Russian fuel to free up crude … Read more

EXCLUSIVE How an Indian cement maker bought Russian coal using yuan

EXCLUSIVE How an Indian cement maker bought Russian coal using yuan

NEW DELHI, July 8 (Reuters) – An Indian cement maker’s recent purchase of Russian coal using yuan involved India’s biggest private lender, HDFC Bank, according to an invoice seen by Reuters and a source, as more details emerge of the kind of trade that could blunt Western sanctions against Moscow. There is no suggestion that … Read more

EXCLUSIVE Ukraine urges Canada not to hand over gas turbine to Russia

EXCLUSIVE Ukraine urges Canada not to hand over gas turbine to Russia

KYIV, July 8 (Reuters) – Ukraine opposes Canada handing over a turbine to Russia’s state-controlled Gazprom for natural gas supplies to Germany as the move would contravene sanctions on Russia, a Ukrainian energy ministry source told Reuters on Thursday. Gazprom (GAZP.MM) cut the capacity along the Nord Stream 1 pipeline to just 40% of usual … Read more

Canada’s emergency rooms bear the brunt of a ‘perfect storm’

Canada’s emergency rooms bear the brunt of a ‘perfect storm’

TORONTO, July 3 (Reuters) – Health authorities across Canada have cut the hours of hospital emergency departments and urgent care clinics in recent weeks, a move that in some cases may extend through the summer, due to a surge in patients and staff shortages. The situation, clinicians say, is tied to a resurgence of viral … Read more

Exclusive: PetroChina may sell Australian, Canadian assets to stem losses

Exclusive: PetroChina may sell Australian, Canadian assets to stem losses

PetroChina’s logo is seen at a petrol station in Beijing, China, March 21, 2016. Picture taken March 21, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 28 (Reuters) – PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert … Read more

The ‘Big Package’: How Russia was driven to default

The ‘Big Package’: How Russia was driven to default

European Commission President Ursula von der Leyen arrives for the European Union leaders summit, as EU’s leaders attempt to agree on Russian oil sanctions in response to Russia’s invasion of Ukraine, in Brussels, Belgium May 30, 2022. REUTERS/Johanna Geron//File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 27 (Reuters) – Russia’s … Read more

A Somali boy’s mission to find food as climate change takes its toll

A Somali boy’s mission to find food as climate change takes its toll

Somalia at nexus of ‘three Cs’ – conflict, costs, climate change Climate change means extreme weather patterns more common Children in Dollow town malnourished, scramble for food Million forced from homes and land by drought Drought envoy urges international community to do more DOLLOW, Somalia, June 20 (Reuters) – Each morning in this Somali border … Read more