OTTAWA (Reuters) - Greater Toronto area home sales fell in April for a third straight month and prices crept up, as over two-decade high interest rates kept the lid on housing market recovery in Canada's main metropolitan region, data showed on Thursday.
Seasonally adjusted sales declined 3.4% in April from the previous month after falling 2.4% in March, according to Toronto Regional Real Estate Board (TRREB) data.
Average home prices... (continue reading...)
By Aleksandar Vasovic and Fatos Bytyci
TETOVO, North Macedonia (Reuters) - Ekrem Ramadani used to work in the once flourishing textile industry in the town of Tetovo in North Macedonia. Today, 76 and still working, he scrapes by selling beans, onions and garlic from his modest farm.
He has watched Tetovo, set in a lush valley west of the capital Skopje, slowly decline following Yugoslavia's collapse in 1991 and then as hopes of joining... (continue reading...)
By Stephen Nellis
(Reuters) - For most of the past year and a half, Apple Chief Executive Tim Cook has fielded questions from Wall Street analysts about his plans for artificial intelligence amid grumbling that the iPhone maker has no AI story to tell.
After the company reported quarterly earnings on Thursday, Cook insisted that Apple will have concrete details about its plans for AI to talk about very soon.
"We continue to... (continue reading...)
(Reuters) - Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
The two companies submitted the non-binding offer letter on Wednesday, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, said the WSJ, citing people familiar with the matter.
Reuters reported earlier in April that Sony's SPE and Apollo... (continue reading...)
By Lucy Papachristou
LONDON (Reuters) - Roberto Carnero, an Italian literature professor at the University of Bologna, was shocked when he received a call from his Italian publisher in March about the Russian translation of his new book.
The Russian publisher, AST, would agree to publish his critical essay on the openly gay Italian film director Pier Paolo Pasolini only with severe cuts.
When the book hit the shelves in... (continue reading...)
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