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Suez Canal blockage adds to pressure points in global trade

Suez Canal blockage adds to pressure points in global trade

The plight of a mammoth container ship stuck in Egypt’s Suez Canal has highlighted still more pressure points in global trade, a year after supply chains were disrupted by the coronavirus pandemic.
North American stock markets down in late-morning trading, loonie edges lower

North American stock markets down in late-morning trading, loonie edges lower

TORONTO — The energy and base metals sectors helped lead a broad-based decline as Canada's main stock index posted a triple-digit decline in late-morning trading, while U.S. stock markets also pulled back.
Paris court convicts, fines pharma firm for deadly diet pill

Paris court convicts, fines pharma firm for deadly diet pill

PARIS — A French pharmaceutical company on Monday was ordered to pay hundreds of millions of euros in damages and fines for its role in one of the nation’s biggest modern health scandals, with a Paris court finding the firm guilty of manslaughter and
Merkel faults German 'perfectionism' for current virus woes

Merkel faults German 'perfectionism' for current virus woes

BERLIN — German Chancellor Angela Merkel has blamed her country's difficulties during the coronavirus pandemic — from the slow vaccine rollout to the back-and-forth over lockdown rules — partly on “a tendency toward perfectionism” and called for grea
China pressures brands to reject reports of Xinjiang abuses

China pressures brands to reject reports of Xinjiang abuses

BEIJING — China stepped up pressure Monday on foreign shoe and clothing brands to reject reports of abuses in Xinjiang, telling companies that are targeted by Beijing for boycotts to look more closely and pointing to a statement by one that it found
Tributes paid to Czech billionaire killed in chopper crash

Tributes paid to Czech billionaire killed in chopper crash

PRAGUE, Czech Republic — Politicians and friends in the Czech Republic have paid tribute to Petr Kellner, the country's richest man, who was killed in a helicopter crash in Alaska. He was 56.
New York lawmakers agree to legalize recreational marijuana

New York lawmakers agree to legalize recreational marijuana

ALBANY, N.Y. — New York is poised to join a growing number of states that have legalized marijuana after state lawmakers reached a deal to allow sales of the drug for recreational use.
2 tugboats deploy to Egypt's Suez Canal as shippers avoid it

2 tugboats deploy to Egypt's Suez Canal as shippers avoid it

SUEZ, Egypt — Two additional tugboats deployed Sunday to Egypt's Suez Canal to aid efforts to free a skyscraper-sized container ship wedged for days across the crucial waterway, even as major shippers increasingly divert their boats out of fear the v
Impact of Suez Canal shipping traffic interruption felt all the way in Montreal

Impact of Suez Canal shipping traffic interruption felt all the way in Montreal

MONTREAL — The impact of the interruption of traffic on the Suez Canal in Egypt is being felt as far away as Quebec, where it will inevitably cause delays in commercial activities, according to Montreal's Port.
Rebels besiege town in northern Mozambique for fifth day

Rebels besiege town in northern Mozambique for fifth day

JOHANNESBURG — Rebels fought the Mozambican army Sunday for the fifth straight day for control of the strategic northern town of Palma, as reports came in that dozens of civilians have been killed and bodies were littering the streets.