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By Praveen Menon and Byron Kaye SYDNEY (Reuters) – Australia’s sex discrimination commissioner has called for urgent changes in the country’s mining industry after a state government report found that sexual harassment and assault were rife in the sector. The Western Australia parliamentary report on Thursday detailed what it said was horrifying behaviour against women …

Australia’s sex discrimination commissioner calls for urgent change in mining sector Read More »

By Natalia A. Ramos Miranda SANTIAGO (Reuters) -Union leaders at Chile’s state-owned mining firm Codelco, the world’s largest copper producer, reached an agreement with the company on Thursday to end a national strike over the decision to close a smelter located in a highly polluted area. The Federation of Copper Workers (FTC), an umbrella group …

Chile’s Codelco and workers reach agreement to end strike Read More »

LOS ANGELES (Reuters) -FedEx Corp reported higher quarterly earnings and issued a stronger-than-expected full-year forecast on Thursday, despite handling fewer packages in its Ground unit that makes the bulk of its e-commerce home deliveries and drives company’s growth. Shares in the company, which are down roughly 20% from a year ago, rose 2.8% to $234.40 …

FedEx profit rises as volume softens, shares up Read More »

By Jarrett Renshaw and Laura Sanicola WASHINGTON (Reuters) -U.S. Energy Secretary Jennifer Granholm expressed interest in potentially lifting smog-fighting gasoline rules to fight high pump prices and backed off a plan to ban fuel exports during a wide-ranging meeting with refiners, two industry sources said on Thursday. With tensions high between U.S. President Joe Biden …

U.S. meets with refiners on high pump prices; no plan yet -sources Read More »

(Reuters) – Canada’s BlackBerry Ltd beat Wall Street estimates for first-quarter revenue on Thursday, helped by rising demand for its cybersecurity services amid an industry-wide shift to hybrid working. Demand for the company’s cybersecurity software has been rising as more businesses migrate to cloud platforms that support remote work, a trend that has been fueled …

BlackBerry beats revenue estimates on demand for cybersecurity services Read More »

(Reuters) – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a two-year ban on foreign buyers of Canadian homes and a measure allowing it to seize and dispose of assets sanctioned due to Russia’s invasion of Ukraine. Bill C-19, which passed the Senate 56-16, will now become law with royal ascent, a …

Factbox-Canadian lawmakers approve 2022 budget measures on housing, Russian assets Read More »

OTTAWA (Reuters) – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a long list of measures including a two-year ban on foreign home buyers and the power to confiscate and sell assets seized in response to Russia’s invasion of Ukraine. The 450-page Bill C-19 passed the upper chamber 56-to-16 without any changes, …

Canada’s Senate passes budget, greenlighting measures on housing, Russian assets Read More »

By Cole Horton (Reuters) – Five additional U.S.-based companies have agreed to disclose their political spending under agreements reached with the New York State Common Retirement Fund, state Comptroller Thomas DiNapoli said on Thursday. Companies including networking provider Verisign Inc and resort operator Las Vegas Sands Corp will post their political contribution policies on their …

Five more companies will show political spending – New York’s DiNapoli Read More »

By Pete Schroeder and Michelle Price WASHINGTON (Reuters) -The largest U.S. banks would remain well capitalized in the event of a severe economic shock, the U.S. Federal Reserve said on Thursday after the lenders’ annual health check, paving the way for them to issue share buybacks and dividends. The 34 lenders with more than $100 …

U.S. Fed says banks can weather severe downturn comfortably Read More »