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SHANGHAI (Reuters) -China's technology and chip sectors came under fresh selling pressure on Tuesday after state media attacked the country's largest social media and video game firm, Tencent Holdings Ltd, and regulators said they are launching an investigation into chip distributors in the auto industry. The broadside comes days after the securities regulator and state media sought to soothe investor fears over the pace and breadth of market reform.
As far as growing seasons go, the P.E.I. Potato Board says this summer is one of the best they've seen in years. It's largely the result of prime growing conditions — steady rain and favourable temperatures — and farmers are hoping this keeps up right through to the harvest. Greg Donald, general manager of the board, says potato farmers are happy, excited and optimistic as their fields flourish in these conditions. "Many of them are saying to this point it's probably some of the best growing con
BMW and Stellantis became the latest major carmakers to warn on Tuesday that the global semiconductor chip shortage that has bedeviled the industry this year will drag on throughout 2021 and beyond, hitting production and sales. Carmakers, forced by the COVID-19 pandemic to shut down plants last year, face stiff competition from the sprawling consumer electronics industry for chip deliveries, hit by a series of supply chain disruptions during the pandemic. Starved of chips, carmakers have focused production on higher-margin models, and have benefited from higher vehicle prices amid low inventories for consumers.
In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of August 3. What we are watching in Canada ... The federal Liberals remain ahead as a new poll suggests Canada's political parties are holding relatively steady in terms of voter support only weeks before a possible election call. Twenty-nine per cent of respondents in the survey by Leger and the Association for Canadian Studies said they would v
In 2001, Anne Hathaway made her name and her movie debut in "The Princess Diaries" - a film adaptation backed by Whitney Houston. (Aug. 3)
WARNING: This story contains distressing details In 1923, a young boy named Edward wrote his parents about what it was like being a student at the St. Barnabas Indian Residential School in Onion Lake, Sask. "I am always hungry," he shared in a letter quoted many decades later in the 2015 findings of the Truth and Reconciliation Commission of Canada (TRC). "We only get two slices of bread and one plate porridge. Seven children ran away because [they] are hungry." St. Barnabas burned to the ground
DUBAI (Reuters) -Iran's hardline incoming president Ebrahim Raisi said on Tuesday he would take steps to lift "tyrannical" sanctions imposed by the United States, after winning the formal endorsement of the country's supreme leader to take office later this week. Raisi, who is under personal U.S. sanctions over allegations of human rights abuses in his past as a judge, promised to improve the living conditions of Iranians, which have worsened since 2018 when Washington reimposed sanctions on Iran after abandoning a nuclear deal. "We will seek to lift the tyrannical sanctions imposed by America," Raisi, elected in June to replace pragmatist Hassan Rouhani in a vote in which other high profile candidates were barred from standing, said in a televised speech.
For a fourth year in a row, Manitoba's grasshopper population is on the rise and causing more issues for farmers already struggling to make it through drought conditions. The insects, with around 85 species of in Manitoba, thrive in hot, dry conditions. They feed off green grasses and cereal, pulse and oilseed crops. They're also known to chew into other crops if feed isn't readily available. "Some areas have very high numbers and they're struggling to get control done. Other areas, it's not as
Recent developments: No local health authority reports a COVID-19 hospital patient. Ontario's chief medical officer of health gives his weekly update today. What's the latest? Ottawa Public Health (OPH) reported three more COVID-19 cases Tuesday and no new deaths. None of the wider region's seven health authorities are reporting a single COVID-19 hospital patient. Following the premier's remarks that Ontario's back-to-school plan is coming this week, the NDP is calling on the province to require
OTTAWA — Driving into York Region on Toronto's northern border, what first stands out to most people are the large houses and vast estates that Michael Braithwaite says leaves the impression that homelessness isn't an issue here. But it is — and Braithwaite says people in the sprawling region of nine municipalities are seeing the pressure points and trying to address them. "The region has a plan and they've got some good service providers like Blue Door and others in the community that are going
Canadian Ellie Black just missed the podium in the women's balance beam final with a fourth-place finish on Tuesday at the Tokyo Olympic Games. China's Guan Chenchen captured gold, scoring 14.6333 as the final competitor to take to the beam, while fellow Chinese gymnast Tang Xijing claimed silver with a score of 14.233. American superstar Simone Biles won bronze in her return to competition, posting a score of 14.000. Black, of Halifax, N.S., finished with a score 13.866. Her total was tied with
BEIRUT (AP) — Senior Lebanese officials knew of the risks posed by the highly explosive material stored for years at Beirut’s port and did nothing to protect the public against it, an international human rights group said Tuesday. In a report on last year's massive blast, Human Rights Watch said those same officials are now trying to thwart the investigation. The report comes as Lebanon marks one year since the horrific Aug. 4 blast that ripped through Beirut, killing at least 214 people, injuri
An independent police oversight agency is still part of the New Brunswick government's plans, but officials won't say when the public can expect to see the creation of the long-promised investigative body. Last year, the Nova Scotia government was considering a proposal from New Brunswick that would see the two neighbouring provinces collaborate on a serious incident response team, commonly called a SIRT. That was weeks after police officers in the province shot and killed 26-year-old Chantel Mo
An ambitious project designed to bring high-speed internet to rural eastern Ontario has been scrapped after both the Ontario and federal governments refused to contribute. The Eastern Ontario Regional Network (EORN) had called for a $400 million investment — to be split evenly between the two higher levels of government — for its Gig Project, which would have provided download speeds of one gigabit, or 1,000 Mbps (megabits per second), to 95 per cent of eastern Ontario. But late last week, as fi
BERLIN (Reuters) -Infineon Chief Executive Reinhard Ploss on Tuesday supported the idea of Taiwan Semiconductor (TSMC) building a chip fabrication plant in Germany, expressing a clear preference for its technology over that of Intel. "It would be an interesting idea to have TSMC in Germany," Ploss told reporters, while declining to comment directly on reports the dominant contract chip manufacturer was in talks on building a plant there. Responding to the reports, TSMC said last month it was too early to say whether it would build a semiconductor plant in Germany and that talks were in their early stages.
Runners are at the ready as race season begins to return to normal with the Cape to Cabot 20K set to go in-person in October. Registration for the gruelling race from Cape Spear to Signal Hill opened on Sunday, and race director Guy Beazley said about 250 people had already signed up as of Monday afternoon. The race is capped at 500 participants. Beazley said those who are up to the challenge should register as soon as possible, as he expects it to sell out. Last year the race was run virtually.
OTTAWA — The federal Liberals remain ahead as a new poll suggests Canada's political parties are holding relatively steady in terms of voter support only weeks before a possible election call. Twenty-nine per cent of respondents in the survey by Leger and the Association for Canadian Studies said they would vote for the Liberals if an election were held today, which was only one point more than two weeks ago. The Conservatives saw a similar bump to place second at 24 per cent, while the NDP was
An aging pipeline that carries oil along the bottom of the ecologically sensitive and turbulent Straits of Mackinac, where Lake Michigan and Lake Huron meet, is in such a state of disrepair it could burst at any moment and cause catastrophic damage to the Great Lakes, environmentalists warn. Line 5, a 1,000-kilometre-long pipeline owned by Calgary-based Enbridge, carries up to 540,000 barrels of oil and natural gas liquids a day from Wisconsin to Sarnia, Ont., where it is shipped to other refine
A dispute over access to a beach in Cumberland County is headed to court, the latest in a series of coastal access fights in Nova Scotia that have come to a head in the past year. A group of community members is suing a property owner over access to Clarke Head Beach. This comes after disputes over beach access have spurred other court cases or conflicts in places ranging from Pictou County to Cow Bay. As more of the province's coastline is developed, and risks around coastal erosion and sea lev
Marie Kennedy still remembers driving home from the long-term care centre in Sherbooke, N.S., as her children asked why their grandmother could no longer remember their names. That conversation a decade ago and the ones that followed were hard ones. Their grandmother's heart, Kennedy told her sons, was undiminished — inside it lay a love just as fierce as when she'd proudly held their hands on a walk. Her brain "full of bright lights," however, was being dimmed by a disease called Alzheimer's. "