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Thursday 11th of February 2016 07:25:51

Canadian News

Drake to receive key to the city from Toronto mayor on Friday

It appears the Drizzy-Tory story will be a long one. Toronto Mayor John Tory says his plans to give hometown rap star Drake, a.k.a. "He is devoted to the city, he loves this city, he promotes this city and he and I have chatted and he wants to help this city, help some of the kids that need a bit of inspiration," Tory told The Canadian Press on Thursday evening.

Glitzy parties, fancy dishes:NBA all-star weekend leaves its mark on Toronto

Los Angeles Lakers' Kobe Bryant smiles during a media conference prior to an NBA basketball game against the Golden State Warriors, Thursday, Jan. 14, 2016, in Oakland, Calif. Few major events can turn a city like Toronto on its head, but this weekend the towering personalities arriving for NBA all-star weekend are certainly going to try, with a seemingly endless flow of bombastic club events, pricey concerts and even celebrity power lunches open to the public. THE CANADIAN PRESS/AP/Ben MargotBasketball's towering personalities and their larger-than-life celebrity friends are making Toronto party central as the NBA all-star weekend takes hold with a barrage of glitzy events. It's the first time the NBA has taken its high-profile annual event outside the borders of the United States and anticipation is high for local sports fans and partygoers. Toronto has hit its stride on a global scale with the Toronto International Film Festival, last year's Pan American Games and the local music scene's explosion on the Billboard charts, led by rapper Drake and the Weeknd.


Clinton says Sanders making promises that 'cannot be kept'

Rep. John Lewis, D-Ga., a leader of the civil rights movement, joins the Congressional Black Caucus Political Action Committee in endorsing Democratic Presidential candidate Hillary Clinton as prominent African-American Democrats rush to her aid ahead of the Feb. 27 Democratic primary in South Carolina, Thursday, Feb. 11, 2016, during a news conference on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)Clinton and Sanders split the first two states in the state-by-state Democratic primary battle, potentially setting the stage for a long fight for the party's nomination. While Sanders has energized young people with his call for free tuition at public colleges and universities, as well as a government-run, single-payer health care system, Clinton said those proposals come with unrealistic price tags.


Adams isolated as Irish leaders debate ahead of Feb. 26 vote

This photo taken Feb. 5, 2016, shows election posters of Prime Minister Enda Kenny, top, and Fianna Fail party leader Micheal Martin competing for space on a Merrion Square lamp post in Dublin, Ireland. Kenny hopes to keep his Fine Gael party in power following Ireland’s Feb. 26 election, but Martin’s opposition Fianna Fail, `Soldiers of Destiny’’ in Gaelic, has formed most governments since the 1930's. The party’s election slogan 'Eire do chach’ means 'Ireland for all.’(AP Photo/Shawn Pogatchnik)The leaders of Ireland's other major parties accused Sinn Fein chief Gerry Adams of directing IRA violence in the past and seeking to endanger jurors today as they waged their first head-to-head debate ahead of Ireland's Feb. 26 election. Adams spent much of Thursday night's 90-minute live televised event isolated versus Prime Minister Enda Kenny, Deputy Prime Minister Joan Burton and opposition Fianna Fail party leader Micheal Martin.


Manitoba government ad has erroneous job number in lead-up to election

A pre-election Manitoba government advertising campaign touting the province's environmental job numbers is erroneous, it turns out — an apparent victim of a mathematical error. The number was based on a report from a Calgary-based research group called Eco Canada, which also said Manitoba's percentage of green jobs was higher than the national average. The number was corrected this week following inquiries from The Canadian Press, and is now pegged at 62,300, which puts Manitoba below the national average.

Business

Asian shares slide as bank fears add to global gloom

People are reflected in a display showing market indices outside a brokerage in TokyoAsian shares slid on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets. "The markets are clearly starting to price in a sharp slowdown in the world economy and even a recession in the United States," said Tsuyoshi Shimizu, chief strategist at Mizuho Asset Management. Shares in Australia and South Korea fell about 0.5 percent though MSCI's dollar-denominated index of Asia-Pacific shares outside Japan was little changed due to the fall in the dollar.


What's behind the global stock market selloff?

A man looks at a screen displaying news of markets update inside the Bombay Stock Exchange (BSE) building in MumbaiGlobal stock markets are on their shakiest footing in years. Investors are fleeing stocks and running to safe-havens like bonds and gold, driven by concerns about economic growth and the effectiveness of central banks' policies. At the same time, tumbling energy prices are upending the economies of oil-producing countries, further slicing into global economic growth.


Crude prices jump nearly 6 percent, but outlook still bleak

A pump jack is seen at sunrise near BakersfieldBy Henning Gloystein SINGAPORE (Reuters) - Crude oil prices jumped almost 6 percent on Friday after comments by an OPEC energy minister sparked hopes of a coordinated production cut, yet analysts said such a move remained unlikely and that oversupply would persist. Reuters market analyst Wang Tao said a technical analysis of Fibonacci retracements showed that "Brent is expected to test a resistance at $32.72 per barrel." U.S. West Texas Intermediate (WTI) futures were at $27.73 per barrel, also up 5.8 percent, or $1.52, from the previous day's settlement. Friday's jump came after the United Arab Emirates energy minister said the Organization of the Petroleum Exporting Countries (OPEC) was willing to talk with other exporters about cutting output.


Elon Musk's vision is not for the faint of heart

File photo of Tesla Motors CEO Elon Musk revealing a Tesla Energy battery for businesses and utility companies during an event in Hawthorne, CaliforniaLeave it to Elon Musk to make a company's stock jump nearly 5 percent a day after reporting widening losses - all in the middle of a market selloff. Musk's electric vehicle startup, Tesla Motors Inc, on Wednesday posted its eleventh straight quarterly loss, when analysts had expected a profit. Tesla also said it planned $1.5 billion in capital spending this year but had just $1.2 billion in the bank.


Dollar on track for steep weekly loss

Chinese 100 yuan banknotes and a U.S. one dollar banknote are seen in this picture illustration in Beijing, ChinaBy Lisa Twaronite TOKYO (Reuters) - The dollar fell on Friday headed for steep weekly losses, as investors braced for another day of cratering sentiment and waited to see whether Japan would act to stem its currency's slid. The yen's recent rapid ascent followed the Bank of Japan's move to adopt negative interest rates on Jan. 29, under which banks have to pay interest on certain deposits held at the BOJ. "The BOJ's negative interest rate policy has less effect on encouraging more liquidity by banks but more side effects on the market," said Shinichi Kashiwagi, head of market sales at National Australia Bank in Tokyo.


Weight Loss

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Lifestyle

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Sports

Bryant's swan song to light up All-Star Weekend

NBA: Los Angeles Lakers at New Orleans PelicansKobe Bryant has spent a career tormenting the Toronto fan base and now he is set to entertain it as the NBA's All-Star Weekend descends on Canada for the first time and welcomes Bryant for his swan song. Set to play in his 18th and final All-Star Game on Sunday, a kinder and gentler Bryant will continue a farewell tour that will conclude his legendary 20-season tenure in the league. The Toronto faithful harbor memories of Bryant registering 81 points against the Raptors in Los Angeles 10 years ago, but in this exhibition of stars they will cheer him on to rediscover old magic and perhaps claim a record fifth All-Star MVP award.


Oakland Raiders to stay put for 2016 season

NFL: Pro BowlOfficials for the Oakland Raiders said on Thursday that they have reached a one-year lease extension agreement, keeping the team in the San Francisco Bay Area city for the upcoming National Football League season. Raiders Owner Mark Davis told a news conference that its agreement with the Oakland-Alameda County Coliseum Joint Powers Authority also includes one-year extension options for the following two years to stay at O.co Coliseum. "My heart is here in Oakland, and if we can get something done, that's what I'm trying to do," Davis said, when asked about the team's long-term plans.


Arsenal to face MLS All-Star team in California in July

AFC Bournemouth v Arsenal - Barclays Premier League(Reuters) - English Premier League (EPL) giants Arsenal will face the best of Major League Soccer in the MLS All-Star game in San Jose, California this summer, MLS announced on Thursday. The match will be held at the Avaya Stadium on July 28. Arsenal are currently in contention for the EPL title, five points behind leaders Leicester with 13 games remaining. The Gunners team, managed by Arsene Wenger, includes global stars such as Chilean forward Alexis Sanchez, German attacking midfielder Mesut Ozil and Czech goalkeeper Petr Cech. ...


Drake to receive key to the city from Toronto mayor on Friday

It appears the Drizzy-Tory story will be a long one. Toronto Mayor John Tory says his plans to give hometown rap star Drake, a.k.a. "He is devoted to the city, he loves this city, he promotes this city and he and I have chatted and he wants to help this city, help some of the kids that need a bit of inspiration," Tory told The Canadian Press on Thursday evening.

Glitzy parties, fancy dishes:NBA all-star weekend leaves its mark on Toronto

Los Angeles Lakers' Kobe Bryant smiles during a media conference prior to an NBA basketball game against the Golden State Warriors, Thursday, Jan. 14, 2016, in Oakland, Calif. Few major events can turn a city like Toronto on its head, but this weekend the towering personalities arriving for NBA all-star weekend are certainly going to try, with a seemingly endless flow of bombastic club events, pricey concerts and even celebrity power lunches open to the public. THE CANADIAN PRESS/AP/Ben MargotBasketball's towering personalities and their larger-than-life celebrity friends are making Toronto party central as the NBA all-star weekend takes hold with a barrage of glitzy events. It's the first time the NBA has taken its high-profile annual event outside the borders of the United States and anticipation is high for local sports fans and partygoers. Toronto has hit its stride on a global scale with the Toronto International Film Festival, last year's Pan American Games and the local music scene's explosion on the Billboard charts, led by rapper Drake and the Weeknd.


Celebrity

Drake to receive key to the city from Toronto mayor on Friday

It appears the Drizzy-Tory story will be a long one. Toronto Mayor John Tory says his plans to give hometown rap star Drake, a.k.a. "He is devoted to the city, he loves this city, he promotes this city and he and I have chatted and he wants to help this city, help some of the kids that need a bit of inspiration," Tory told The Canadian Press on Thursday evening.

Glitzy parties, fancy dishes:NBA all-star weekend leaves its mark on Toronto

Los Angeles Lakers' Kobe Bryant smiles during a media conference prior to an NBA basketball game against the Golden State Warriors, Thursday, Jan. 14, 2016, in Oakland, Calif. Few major events can turn a city like Toronto on its head, but this weekend the towering personalities arriving for NBA all-star weekend are certainly going to try, with a seemingly endless flow of bombastic club events, pricey concerts and even celebrity power lunches open to the public. THE CANADIAN PRESS/AP/Ben MargotBasketball's towering personalities and their larger-than-life celebrity friends are making Toronto party central as the NBA all-star weekend takes hold with a barrage of glitzy events. It's the first time the NBA has taken its high-profile annual event outside the borders of the United States and anticipation is high for local sports fans and partygoers. Toronto has hit its stride on a global scale with the Toronto International Film Festival, last year's Pan American Games and the local music scene's explosion on the Billboard charts, led by rapper Drake and the Weeknd.


'Zoolander 2' cast strut to promote film

As New York kicks off the seasonal catwalk calendar this week, the fashion capital played host to different kind of runway show - a "Zoolander 2" inspired one. At the world premiere of the film which spoofs the fashion industry, stars Ben Stiller, Owen Wilson, Will Ferrell and Penelope Cruz strutted down a catwalk soon to be the red carpet for the night. "I don't really know what happened yet because I got off the plane, I run here, I got dressed and I was here doing the catwalk with Derek and Hansel and Mugatu so I felt like I was hallucinating" Cruz said.

Saint Laurent Palladium show features glam androgynous style

A model walks the runway wearing a creation by Saint Laurent Paris at the Palladium in the Hollywood area of Los Angeles, Wednesday, Feb. 10, 2016. (AP Photo/Chris Carlson)Couture clothing designer Saint Laurent presented the feminine style — in silk, leather and sequins — for both genders at its rock 'n' roll-inspired runway show Wednesday in Los Angeles. The French fashion house turned the historic Hollywood Palladium into a circular catwalk to showcase its fall-winter collection for men and women, a set of sumptuous pieces in velvet, leather and fur with plenty of fringe, sequins and sparkle. The show's A-list front row was just as attention-getting, with such guests as Lady Gaga, Lenny Kravitz, Justin Bieber, Jane Fonda, Sylvester Stallone, Ellen DeGeneres, Lee Daniels, Zac Efron, Demi Moore, Sam Smith and Gary Oldman.


Even before controversy, blacks cool to Oscars telecast

The largest black audience for the Academy Awards over the last dozen years came in 2005, when Chris Rock was host and Jamie Foxx and Morgan Freeman won the top male acting awards. A lack of diversity in Oscar nominations have led to stars like Spike Lee and Jada Pinkett Smith saying they won't attend the Academy Awards on Feb. 28. The year's most popular awards show is generally not a must-see event in black households: The share of blacks watching the Oscars is smaller than it is for a typical prime-time TV program, although it exceeds that for the Golden Globes or Emmy awards.








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