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Canada's stock market hails BoC rate cut, loonie dips Jun 5, 2024 04:34PM

By Fergal Smith

TORONTO (Reuters) -Canadian stocks and bonds rallied on Wednesday, while the loonie touched a near two-week low against its U.S. counterpart, after the Bank of Canada became the first central bank among G7 countries to cut interest rates, raising prospects for Canada's economy.

The Toronto Stock Exchange's S&P/TSX composite index ended up 166.84 points, or 0.8%, at 22,145.02, clawing back much of its losses since the start of... (continue reading...)


US House Republicans ask Justice Department to prosecute Biden's son, brother Jun 5, 2024 04:33PM

By Makini Brice

WASHINGTON (Reuters) - The top U.S. House of Representatives Republicans leading an impeachment inquiry into President Joe Biden on Wednesday asked the Justice Department to prosecute his brother James and his son Hunter for allegedly lying to their probe.

More than eight months have passed since House Republicans launched their probe into the Democratic president, alleging that members of Biden's family profited by... (continue reading...)


Amazon's Zoox to begin testing robotaxis in Austin, Miami Jun 5, 2024 04:14PM

(Reuters) - Amazon.com's self-driving car unit Zoox said on Wednesday it plans to start testing its robotaxis in Austin and Miami, a move that will mark its first trial sites outside the western United States.

Zoox will deploy its retrofitted Toyota Highlander test fleet in small areas near the business and entertainment districts of the two cities, it said in a statement.

The announcement comes amid an investigation by the National... (continue reading...)


Trump election interference case paused in Georgia during challenge to prosecutor Jun 5, 2024 04:14PM

By Andrew Goudsward

WASHINGTON (Reuters) -A Georgia appeals court on Wednesday paused the criminal case accusing Donald Trump of seeking to subvert the 2020 election while it considers the former president's bid to disqualify lead prosecutor Fani Willis, a court order showed.

The order prevents the sprawling case against Trump and 14 co-defendants from moving toward trial while Trump appeals a judge's ruling allowing Willis, the Fulton County... (continue reading...)


Putin says Russia could use nuclear weapons if its sovereignty or territory was under threat Jun 5, 2024 04:13PM

ST PETERSBURG, Russia (Reuters) - President Vladimir Putin, asked about the risks of nuclear war over Ukraine, cautioned the West on Wednesday that Russia could use all available means to defend itself if its sovereignty or territorial integrity were threatened.

Putin said that the West had repeatedly accused Russia of nuclear sabre rattling but said this was wrong, and pointed out that it was the United States which had used nuclear weapons against... (continue reading...)


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