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a2 Milk’s full-year profit jumps, company to buy NZ formula plant for China growth

(Reuters) -New Zealand’s a2 Milk reported a 21% jump in its full-year profit on Monday helped by strong China demand, and announced the acquisition of a manufacturing facility to expand its share in China. The infant milk formula maker reported full-year post-tax net profit attributable of NZ$202.9 million ($120.12 million), compared with last year’s NZ$167.6 …

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Striking Air Canada flight attendants defy back-to-work order

By Allison Lampert, Rishabh Jaiswal and Promit Mukherjee MONTREAL (Reuters) -Air Canada’s striking flight attendants on Sunday refused a government-backed labor board’s order to return to work, forcing the airline to delay restarting its operations and leaving its passengers in limbo. The Canadian Union of Public Employee said the 10,000 Air Canada attendants it represents …

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EU push to protect digital rules holds up trade statement with US, FT reports

(Reuters) -The European Union is trying to prevent the United States from targeting the bloc’s digital rules as both sides work through the final details of a delayed statement to formalise a trade deal reached last month, the Financial Times reported on Sunday. EU officials said disagreements over language relating to “non-tariff barriers”, which the …

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Canadian government moves to end Air Canada strike, seeks binding arbitration

By Promit Mukherjee, Allison Lampert and Kyaw Soe Oo OTTAWA (Reuters) -The Canadian government on Saturday moved to end a strike by Air Canada’s cabin crews and require binding arbitration to break their contract impasse, an action that the country’s largest carrier had sought but unionized flight attendants fiercely opposed. Thousands of Air Canada flight attendants …

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Air Canada, flight attendants deadlocked with strike looming

By Allison Lampert and Rajesh Kumar Singh MONTREAL (Reuters) -The prospect of a system-wide work stoppage by Air Canada’s unionized flight attendants loomed large on Friday with a strike deadline just hours away, despite a government plea for both sides to return to the bargaining table. Canada’s largest carrier said in a post on X …

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Canada labor minister presses Air Canada, union to intensify talks to resolve dispute

(Reuters) -Canadian Labor Minister Patty Hajdu said on Friday that she met jointly with Air Canada and the Canadian Union of Public Employees (CUPE), urging both sides to work harder and remain at the negotiating table to reach a deal and avert a potential strike. (Reporting by Bipasha Dey in Bengaluru; Editing by Leslie Adler)

US Commerce Dept. widens products subject to steel, aluminum tariffs

(Reuters) -The Trump administration on Friday widened the reach of its 50% tariffs on steel and aluminum imports by adding hundreds of derivative products to the list of goods subject to the levies. In a Federal Register notice late on Friday, the Commerce Department said the Bureau of Industry and Security was adding 407 product …

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Fed’s Daly: Two rate cuts, more or less, appropriate this year

(Reuters) -San Francisco Federal Reserve Bank President Mary Daly, in an interview following economic reports showing stronger-than-expected retail sales and an unexpected jump in wholesale prices last month, signaled that she is still on board for beginning to ease policy as soon as next month. A softening labor market, an economy that’s slowing but not …

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