Business News Canada

  • President Donald Trump will participate in a joint news conference with French President Emmanuel Macron on Monday at the conclusion of the G7 summit in France, the White House said on Sunday. The session will take place in Biarritz at 3:30 p.m., following the G7 closing session, the White House said in its daily press schedule for Monday. Trump, a turbulent...

  • BIARRITZ, France, Aug 25- Iran's foreign minister paid a visit to a G7 summit in France on Sunday, an unexpected twist to a meeting already troubled by differences between U.S. A White House official said France's invitation to Mohammad Javad Zarif for talks on the sidelines of the gathering in the southwestern beachside town of Biarritz was "a surprise".

  • BIARRITZ, France, Aug 25- French President Emmanuel Macron said on Sunday the leaders of the world's major industrialised nations were close to an agreement on how to help fight the Amazon forest fires and try to repair the devastation. "Theres a real convergence to say:' let's all agree to help those countries hit by these fires'," he told reporters in Biarritz, which...

  • BRASILIA, Aug 25- A record number of fires ravaging the Amazon has drawn international outrage because of the rainforest's importance to the global environment and prompted Brazilian President Jair Bolsonaro to dispatch the military to assist in firefighting. The Amazon- 60% of which is in Brazil- is the world's largest tropical rainforest.

  • *Zarif talks with France on reducing tension with Washington. European leaders have struggled to calm a deepening confrontation between Iran and the United States since Trump pulled his country out of Iran's internationally brokered 2015 nuclear deal and reimposed sanctions on the Iranian economy. Earlier on Sunday at the summit, Trump appeared to brush...

  • BIARRITZ, France, Aug 25- U.S. President Donald Trump on Sunday said he was getting along well with his Western allies at a G7 summit in France, dismissing reports of rifts among leaders as they prepared to discuss global trade woes. "Before I arrived in France, the Fake and Disgusting News was saying that relations with the 6 others countries in the G-7 are very tense,...

  • By Jeff Mason and William James. BIARRITZ, France, Aug 24- Squabbles erupted among G7 nations on Saturday even before their leaders had gathered for an annual summit, exposing sharp differences on global trade tensions, Britain's exit from the EU and how to respond to the fires raging in the Amazon rainforest. Macron set an agenda for the group- France, Britain,...

  • HENDAYE, France, Aug 24- Thousands of anti-globalisation and environmental activists joined yellow vest protesters and Basque separatists on Saturday near the French coastal resort of Biarritz to demand action from G7 and other world leaders set to meet there. "The top capitalist leaders are here and we have to show them that the fight continues," said Alain...

  • *Summit coincides with escalating U.S.- China trade war. President Donald Trump arrived in France on Saturday for what promises to be a fraught meeting of major industrialised nations, with friction over trade, climate change and Iran likely to snarl the talks. Summit host French President Emmanuel Macron wants the heads of Britain, Canada, Germany, Italy, Japan...

  • BIARRITZ, France, Aug 24- Leaders of the G7 nations began arriving in France on Saturday for a summit as a U.S.- China row over protectionism highlighted President Emmanuel Macron's tough task in delivering real results on trade, Iran and climate change. Summit host Macron wants the leaders of Britain, Canada, Germany, Italy, Japan and the United States to focus on...

  • BIARRITZ, France, Aug 24- Leaders of the G7 nations began arriving in France on Saturday for a summit as a U.S.- China row over protectionism highlighted President Emmanuel Macron's tough task in delivering real results on trade, Iran and climate change. Summit host Macron wants the leaders of Britain, Canada, Germany, Italy, Japan and the United States to focus on...

  • OTTAWA, Aug 23- New European Union rules that could block shipments of Canadian cherries and other fruits to the 28- nation grouping apply to all countries and "was not unusual," a senior Canadian official said on Friday. The clarification from federal Agriculture Minister Marie-Claude Bibeau came a day after the Canadian Food Inspection Agency warned...

  • The complaint was filed in Quebec's Superior Court by the Canadian arms of U.S.-based Merck& Co and Johnson& Johnson's Janssen Inc, Germany's Bayer AG and Boehringer Ingelheim, and France's Servier Inc.. Prescription drug insurance coverage in Canada is provided through a patchwork of public and private plans, with the federal, provincial and territorial...

  • *Canada's retail sales were unchanged in June. U.S. stocks plunged in a broad sell-off as China and the United States traded their latest salvos in a prolonged trade war. Canada exports many commodities, including oil, so its economy could be hurt by a slowdown in the flow of global trade.

  • The Canadian government announced final regulations that give new powers to the Patented Medicine Prices Review Board earlier this month, and published them in an official register on Wednesday. Health Canada, Canada's federal health department, did not immediately respond to a request for comment. The filing ratchets up a confrontation between Prime...

  • Aug 23- Merck Canada and a group of pharmaceutical companies are challenging the constitutionality of new regulations meant to lower patented drug prices, the company said in a statement on Friday, in a late bid to derail reforms that would hurt pharmaceutical companies' earnings. The Canadian government announced final regulations that give new powers to...

  • CALGARY, Alberta/ WASHINGTON, Aug 23- A court in Nebraska on Friday affirmed an alternative route in the Midwest state for TC Energy Corp's Keystone XL oil pipeline in the latest chapter in the nearly 10- year legal fight over the Canada to Texas pipeline. Keystone XL would ship 830,000 barrels per day of crude from the oil marketing hub of Hardisty, Alberta, to...

  • CALGARY, Alberta/ WASHINGTON, Aug 23- A court in Nebraska on Friday affirmed an alternative route in the Midwest state for TC Energy Corp's Keystone XL oil pipeline in the latest chapter in the nearly 10- year legal fight over the Canada to Texas pipeline. The Nebraska Supreme Court affirmed the alternative route that was approved by the state's Public Service...

  • deepens@- Canada's main stock index dropped on Friday as energy shares fell, tracking declines in oil prices as trade dispute intensified after China unveiled more tariffs against U.S. goods, including crude. *Oil prices fell after China hit back with tariffs against about $75 billion worth of U.S. goods, further escalating a trade war between the world's two...

  • *Canada retail sales were unchanged in June. U.S. stocks opened lower as China's threat to impose tariffs on $75 billion worth of U.S. goods ratcheted up trade tensions ahead of Fed Chairman Jerome Powell's speech in Jackson Hole, Wyoming. Canada exports many commodities, including oil, so its economy could be hurt by a slowdown in the flow of global trade.