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NEW YORK (Reuters) -A former Wall Street quantitative analyst was charged on Thursday with insider trading for making nearly 2,900 trades after learning his employer would soon make the same trades for clients, known as front-running. The U.S. Department of Justice said Sergei Polevikov, 48, of Port Washington, New York, generated more than $8.5 million of illegal profit from trades he conducted from January 2014 to October 2019 through his wife's brokerage account. Polevikov worked for OppenheimerFunds during the alleged front-running, according to a public records search.
Speaking at the launch of of her latest fashion experience called "Savage x Fenty, Vol. 3," Rihanna says despite mogul status, she's still motivated to make music; hopes to inspire Black women wanting to break the glass ceiling in business. (Sept. 24)
Participating in two simultaneous Zoom calls could soon be a possibility for some rural internet users in New Brunswick. Xplornet is launching a 5G rural internet service, which will increase the download speeds current customers receive from 50 megabits per second to 100 megabits per second, said Michael Freeman, the company's director of product management. "I think what this will provide is an awful lot more people with busy households that are trying to do schooling, remote schooling, and pe
DUISBURG, Germany (Reuters) -German Social Democrat (SPD) candidate for chancellor Olaf Scholz promised on Thursday to help the steel industry convert to climate-friendly production if his party, clinging to a narrow lead in polls, wins Sunday's federal election. Trying to shore up support in the industrial heartland of the Ruhr, Scholz campaigned at a steel plant as a poll showed support for the SPD down one point at 25%, its lead over Chancellor Angela Merkel's conservatives now just four points. Support for the conservative CDU/CSU alliance, whose chancellor candidate is Armin Laschet, rose one percentage point to 22% in the Kantar poll.
REYKJAVIK , Iceland (AP) — Climate change is top of the agenda when voters in Iceland head to the polls for general elections on Saturday, following an exceptionally warm summer and an election campaign defined by a wide-reaching debate on global warming. All nine parties running for seats at the North Atlantic island nation’s Parliament, or Althing, acknowledge global warming as a force of change in a sub-Arctic landscape. But politicians disagree on whether Iceland should take more urgent acti
Is the delta variant of the coronavirus worse for kids? Experts say there's no strong evidence that it makes children and teens sicker than earlier versions of the virus, although delta has led to a surge in infections among kids because it's more contagious. Delta's ability to spread more easily makes it more of a risk to children and underscores the need for masks in schools and vaccinations for those who are old enough, said Dr. Juan Dumois, a pediatric infectious disease physician at Johns H
The long list of types of medical care now on hold across Saskatchewan includes home care, rehabilitation and diabetes counselling, but also key brain and heart procedures. The Saskatchewan Health Authority provided a general list of surgeries and other care being delayed or cancelled as COVID-19 patients, most of them unvaccinated, fill the province's hospitals and intensive care units. This comes as COVID-19 cases have been continuing to rise, with 426 new cases in the province announced Wedne
A man at the Tennessee shooting says he heard 10-15 rounds of gunfire in nearby parking lot. "The gunfire was so close, it sounded like it was directly over my head." (Sept. 24)
German Chancellor Angela Merkel will leave her position after 16 years, so how will a change of personality affect the existing close ties between Germany and France? Euronews spoke to two experts to find out more.View on euronews
Very few politicians have been as long-serving as Angela Merkel, except perhaps Jean-Claude Juncker. We speak to the former EU Commission President about Merkel's legacy in Europe, their time spent working together and her role as chancellor over the last 16 years.View on euronews
Five months after announcing the creation of a commissioner on systemic racism, the province has appointed Manju Varma to take up the position. "Having been an immigrant and having experienced racism growing up in this province, I personally know there is systemic racism here that must be addressed," said Varma in a news release. "As I embark on this journey, I do so with an open mind and no preconceptions." Varma will be conducting public consultations with various groups representing people wh
OTTAWA — The Supreme Court of Canada has kept alive the CBC's efforts to unseal evidence pertaining to a now-quashed murder conviction from more than 30 years ago. The top court ruled Friday that the Manitoba Court of Appeal has jurisdiction to reconsider a publication ban on an affidavit in the case of a Manitoba man who spent 23 years in prison for first-degree murder before the decision was overturned. The question of access to records remains open for the appeal court to weigh, even though t
MONTREAL — The Quebec government will spend another $90 million to hire more than 100 police officers and experts to fight gun-related crime, Public Security Minister Geneviève Guilbault said Friday. Guilbault, surrounded by members of Quebec's various police forces at a news conference in Montreal, said the government's newest initiative to reduce gun violence and gun trafficking will be called Operation Centaur. The money will go toward new equipment and hiring 107 officers and other crime exp
BERLIN (AP) — After three-and-a-half weeks on a hunger strike, Henning Jeschke is frail and gaunt, but determined to go on, still hoping to pressure the three candidates for chancellor of Germany into meeting him for a debate about the climate crisis ahead of Sunday’s general election. For the first time in Germany, climate change is perhaps the most dominant issue in an election campaign, especially for young voters. It's at the center of televised debates among candidates, and five of the six
The Calgary man who killed a Nigerian nursing student in a random, unprovoked knife attack on a CTrain platform has been convicted of second-degree murder. Keeton Gagnon, 43, was found guilty Thursday in what Court of Queen's Bench Justice Michele Hollins described as the "swift, brutal and purposeful" murder of Nicholas Nwonye. On June 2, 2017, Nwonye had finished his nursing classes at Bow Valley College and was waiting for the CTrain on the City Hall platform when Gagnon tapped him on the sho
A former World Bank official who prepared reports at the center of a data-rigging scandal that aided China defended IMF chief Kristalina Georgieva on Thursday as the Economist magazine called for her to resign over her alleged role in the controversy. Shanta Devarajan, who helped oversee the World Bank's "Doing Business" report in 2017, said that an outside investigation report alleging that Georgieva, during her time as World Bank CEO, applied "undue pressure" on staff to boost China's ratings was "beyond credulity."
If Meng Wanzhou resolves the federal charges against her in the U.S. and returns to China, Lynette Ong, an associate professor of political science at the University of Toronto and the Munk School of Global Affairs, says she is 'cautiously optimistic' that will lead to Michael Spavor and Michael Kovrig being allowed to return to Canada from China.(Credit: CBC/Ben Nelms)
LA PALMA, Spain (Reuters) -Jets of red hot lava shot into the sky on Spain's La Palma on Thursday as a huge cloud of toxic ash drifted from the Cumbre Vieja volcano toward the mainland and jeopardised the island's economically crucial banana crops. Walls of lava, which turns black when exposed to the air, have advanced slowly westward since Sunday, engulfing everything in their path, including houses, schools and some banana plantations. Some 15% of La Palma's 140 million kilogram annual banana production could be at risk if farmers are unable to access plantations and tend to their crops, Sergio Caceres, manager of producer's association Asprocan, told Reuters.
The European Medicines Agency (EMA) expects to decide in early October on the possible use of a booster dose of the Pfizer-BioNTech COVID-19 vaccine, a source with direct knowledge of the matter told Reuters. It will be the EU drugs regulator's first decision on boosters, the source said, after the U.S. Food and Drug Administration on Wednesday authorized a third dose of Pfizer for those 65 and older, all people at high risk of severe disease, and others who are regularly exposed to the virus. "EMA's decision on the third dose of Pfizer is expected for the beginning of October," the source said, declining to be named because of the sensitivity of the matter.
Dr. Peter Singer, the special adviser to the director general of the World Health Organization, called for sharing COVID-19 vaccines globally before administering booster shots for fully vaccinated people at lower risk. Singer said two billion vaccine doses are needed 'in the next three to four months to save a million or more lives.'(Credit: Jeff McIntosh/The Canadian Press)