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Net loss, including joint ventures, was 2.13 billion roubles compared to profit of 1.26 billion roubles a year ago, mainly because of its loss-making joint venture with Russia's largest lender Sberbank. Mail.ru and Sberbank were earlier this year on the verge of dividing assets in the venture, which encompasses food delivery app Delivery Club, ride-hailing service Citymobil and other assets, sources told Reuters. BCS Global Markets analysts described the results as mixed, putting the growth deceleration and EBITDA drop down to the tough comparison base and investments in smaller units, such as edtech, which saw an 87.8% revenue jump to 2.17 billion roubles.
Mandatory masks in indoor spaces and a slew of public health measures will be reinstated in the Central Okanagan as public health officials today declared a COVID-19 outbreak over rising cases in the health area. There have been about 240 cases of COVID-19 in the last week, representing more than half of new cases in the province. The area has less than four per cent of B.C.’s population. “We need to focus additional measures to reduce transmission,” said Interior Health chief medical health off
MOSCOW (Reuters) -Armenian Prime Minister Nikol Pashinyan proposed on Thursday that Russian border outposts be stationed along the length of Armenia's border with Azerbaijan after a rise in tensions between Yerevan and Baku. Armenia and Azerbaijan accused each other earlier on Thursday of flouting a Russian-backed ceasefire that both sides had accepted the previous day to halt deadly clashes over their joint border, which Yerevan wants demarcated.
News bulletin 2021/07/29 08:19View on euronews
The defence lawyer for the first person charged under Hong Kong's national security law argued on Thursday at a final mitigation session before sentencing that his client was a "decent young man" who did something very stupid. Tong Ying-kit, 24, could be sentenced on Friday to several years to life imprisonment after being found guilty by a panel of three judges in the High Court for "terrorist activities" and "inciting secession" in a watershed ruling with long-term implications for the city's judicial landscape. Judges Esther Toh, Anthea Pang and Wilson Chan - picked by city leader Carrie Lam to hear national security cases - ruled on Tuesday that this slogan was "capable of inciting others to commit secession".
Ottawa-Gatineau area confirmed COVID-19 cases Recent developments: More than three million doses of COVID-19 vaccine have been administered in the Ottawa-Gatineau region. Ottawa reported eight more COVID-19 cases Wednesday. What's the latest? The Ontario government says it wants to boost the operating capacity of the province's hospital system to up to 115 per cent of pre-COVID-19 levels to address a backlog of surgeries and procedures delayed by the pandemic. This move comes after Ontario's chi
HELSINKI/STOCKHOLM (Reuters) -Nokia on Thursday raised its full-year outlook after reporting a stronger-than-expected second-quarter operating profit, as the telecom equipment maker benefits from a sharp turnaround in its business. A round of changes in the company's operations, greater investment on research and a geopolitical situation tilting in its favour has put Nokia firmly back in the global 5G rollout race just a year after CEO Pekka Lundmark took the reins, allowing it to gain ground on Swedish arch-rival Ericsson. "Our 5G position has clearly strengthened ... we are winning back customers," Lundmark said on a call, confirming a rosier outlook first signalled in February.
CALGARY — A return to a somewhat normal summer as COVID-19 restrictions are eased is putting a strain on Canada's blood supply. Several provinces have started lifting restrictions — most notably Alberta, British Columbia and Saskatchewan — and demand is up as a result. "As provinces slowly open up, there's some return to normal activities. Hospital demand is increasing," said Tracy Smith, the Prairies and Northwest Territories donor relations director for the Canadian Blood Service. "You can ima
MANAVGAT, Turkey (Reuters) -Three people died in a forest fire in southern Turkey on Thursday where authorities were battling multiple blazes for a second day amid suspicions of arson, the country's AFAD disaster agency and the agriculture minister said. Dozens of villages as well as some hotels were evacuated, and television footage showed burnt buildings and people fleeing across fields as firefighters on the ground and in helicopters tried to contain a blaze in Manavgat, 75 km (45 miles) east of the Mediterranean resort of Antalya. Officials have said that more than 60 wildfires have erupted across 17 provinces on Turkey's Aegean and Mediterranean coasts this week, with the presidency vowing to hold to account those responsible for the "attacks".
HONG KONG (AP) — A lawyer for the first person convicted under Hong Kong’s national security law asked Thursday for no more than 10 years in prison instead of the possible life sentence faced by the former restaurant waiter in a closely watched case as China's ruling Communist Party tries to crush a pro-democracy movement. Tong Ying-kit was convicted Tuesday of inciting secession and terrorism for driving his motorcycle into a group of police officers during a July 1, 2020, pro-democracy rally w
Tenants of an Ottawa highrise allege building management failed to notify either tenants or police after several bikes worth thousands of dollars were stolen from the apartment's bike room earlier this month. Those who live in the Phoenix Apartments building at 1316 Carling Ave., which is across the street from Westgate Mall, said perpetrators smashed the window of the apartment's bike room sometime during the week of July 12, before cutting several locks and stealing as many as four bikes. Brit
LONDON (Reuters) -Britain's BT said on Thursday postponed overseas projects by the telecoms group's multinational customers hurt first-quarter revenue, taking the shine off better-than-expected earnings and the progress in building its fibre network. Chief Executive Philip Jansen said the quarter was overall in line with the company's expectations, as a good performance in Britain offset challenging conditions in its Global unit. BT reported a better-than-expected 3% rise in adjusted core earnings to 1.87 billion pounds ($2.61 billion) on revenue 3% lower at 5.07 billion pounds for the end-June quarter.
SALT LAKE CITY (AP) — One of the Republican Party’s most prominent rising stars is mocking new government recommendations calling for more widespread use of masks to blunt a coronavirus surge. “Did you not get the CDC’s memo?” Florida Gov. Ron DeSantis joked Wednesday before an almost entirely unmasked audience of activists and lawmakers crammed into an indoor hotel ballroom in Salt Lake City. “I don’t see you guys complying.” From Texas to South Dakota, Republican leaders responded with hostili
WARNING: This story contains details some readers may find distressing. A Catholic priest has been banned by a Winnipeg archdiocese from speaking publicly after accusing residential school survivors of lying about sexual abuse to get more money from court settlements, and after he joked about shooting those who wrote graffiti on churches, among other comments. The statements were made over weeks of services at St. Emile Roman Catholic Church, and were included in videos on its Facebook page. Dur
CALGARY, Alberta (Reuters) -Canadian pipeline operator TC Energy Corp could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its huge network of U.S. and Canadian oil and gas pipelines. Calgary-based TC Energy, which ships oil and gas through nearly 100,000 kilometres (62,140 miles) of pipelines, one of the biggest networks in North America, has been encouraged by a better-than-expected response to a request in April for information on wind power for projects in the United States. "We started just with our liquids pipeline and it gives us really a lot of confidence that we'll be able to pivot quickly to our natural gas pipeline business both in the U.S. and in Canada," Corey Hessen, TC Energy's president of power and storage, told Reuters.
By American standards, Canadian inflation looks pretty tame. But the picture painted by U.S. Federal Reserve chair Jerome Powell suggests we should expect price rises to continue for a while yet. Hours after Statistics Canada reported inflation had declined to 3.1 per cent here — below the previous month's 3.6 per cent, but still above the Bank of Canada's target range — Powell expressed fears that future consumer prices could be "higher and more persistent." The U.S. economy is heating up faste
TOKYO (Reuters) -Panasonic Corp said first-quarter operating profit surged more than 27 times, handily beating expectations as demand for home appliances and automotive batteries recovered from a particularly weak COVID-hit year. Profit for April-June rose to 104.4 billion yen ($950 million) from 3.8 billion yen a year earlier, some 50% higher than market expectations and its strongest performance for a first quarter since 2008. Panasonic, a key supplier of batteries to Tesla Inc, has moved away from low-margin consumer electronics, and now focuses on electric car batteries, industrial-use components and production machinery.
As COVID-19 vaccination rates increase and case numbers drop across the country, the provinces and territories have begun releasing the reopening plans for businesses, events and recreational facilities. Most of the plans are based on each jurisdiction reaching vaccination targets at certain dates, while also keeping the number of cases and hospitalizations down. Here's a look at what reopening plans look like across the country: Newfoundland and Labrador: The province's reopening plan begins wi
The Roman Catholic Church spent millions of dollars that were supposed to go to residential school survivors on lawyers, administration, a private fundraising company and unapproved loans, according to documents obtained by CBC News. The documents include a host of other revelations. They appear to contradict the Catholic Church's public claims about money paid to survivors. "There are also a large number of serious accounting discrepancies that are alarming to Canada," states one document, a 53
When a British Columbian recently sought support for depression, a doctor misunderstood and told them their sexuality seemed to be the larger issue. “I’m asexual, but this one doctor I had just kept thinking I had a low libido, and when I wanted something to help my depression, he wouldn’t prescribe me anything because a common side effect was low libido,” wrote a participant in a recent report on queer and transgender health care in B.C. “It just seems like he got to say that was a worse issue