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Monday 6th of July 2015 02:09:30

Canadian News

Greek finance minister quits to smooth talks after 'No' vote

Greek Finance Minister Varoufakis leaves after making a statement in AthensBy Renee Maltezou and John O'Donnell ATHENS/FRANKFURT (Reuters) - Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed "erratic Marxist" economist who infuriated euro zone partners with his unconventional style and hectoring lectures, had campaigned for Sunday's sweeping 'No' vote, accusing Greece' creditors of "terrorism". Greece's chief negotiator in aid talks with international creditors, Euclid Tsakalotos, is the frontrunner to become finance minister, a senior government official said.


Stocks, euro fall but no rout after Greek 'No'

Euro coins are seen in front of a displayed of Head of Apollo on 1.000 Drachma old Greece banknote in this photo illustration taken in ZenicaBy Nigel Stephenson LONDON (Reuters) - Shares fell in Europe and Asia, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece overwhelmingly voted against conditions for a rescue package, but there was no rout and contagion was limited. Investors sought low-risk assets including Bunds, but the yield premium of Italian 10-year debt over Germany remained below last Monday's eight-month highs. The euro lost half a percent to $1.1064 and 0.6 percent against the safe-haven Japanese yen .


GM China auto sales flat in June despite broad price cuts

An aerial picture shows new Chevrolet cars at a General Motors' parking lot in ShenyangGeneral Motors Co vehicle sales in China were roughly flat for June as broad price cuts introduced earlier in the year failed to boost demand. GM and its Chinese joint-venture partners sold 246,066 cars in June, virtually unchanged from the same month a year ago, the U.S. automaker said in a statement on Monday. GM has largely failed to counteract sluggish auto sales so far despite slashing prices on 40 models in May by up to 20 percent, as China's economy grows at its slowest rate in 25 years.


New Honda CEO says no plans to help air bag firm Takata fund global recalls

Honda Motor Co's new President and Chief Executive Officer Hachigo speaks during a news conference at the company's headquarters in TokyoHonda Motor Co's new chief executive said the Japanese automaker has no plans for now to provide financial aid to Takata Corp , the air bag supplier at the center of a costly global safety recall that has dented Honda's public image as well as its earnings. Speaking at his first news conference since taking the helm in June, Takahiro Hachigo said on Monday Honda has now set aside enough this year to cover the cost of recalling over 2 million cars with potentially faulty air bag parts made by Takata. Last month Honda revised its operating profit for the year ended March to 606.88 billion yen ($4.92 billion) from the 651.68 billion yen it reported in April to account for expanded recall costs.


Canada, Japan at odds over B.C. timber in TPP trade talks, documents show

FILE -- Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009. One of Canada's most protected industries ??? British Columbia timber ??? has been targeted by Japan in the massive Trans-Pacific Partnership trade talks, The Canadian Press has learned. THE CANADIAN PRESS/Jonathan HaywardOne of Canada's most protected industries — British Columbia timber — has been targeted by Japan in the massive Trans-Pacific Partnership trade talks, The Canadian Press has learned. Japan is pushing Canada to eliminate or modify the controls it imposes on B.C. log exports — a practice that is heavily restricted by the federal and provincial governments, and which drives up their cost to foreign buyers. Details of the forestry impasse with Japan are contained in documents from Canada's Foreign Affairs department that are marked "secret" and that have been obtained by The Canadian Press.


Business

Greek finance minister quits to smooth talks after 'No' vote

Greek Finance Minister Varoufakis leaves after making a statement in AthensBy Renee Maltezou and John O'Donnell ATHENS/FRANKFURT (Reuters) - Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed "erratic Marxist" economist who infuriated euro zone partners with his unconventional style and hectoring lectures, had campaigned for Sunday's sweeping 'No' vote, accusing Greece' creditors of "terrorism". Greece's chief negotiator in aid talks with international creditors, Euclid Tsakalotos, is the frontrunner to become finance minister, a senior government official said.


Stocks, euro fall but no rout after Greek 'No'

Euro coins are seen in front of a displayed of Head of Apollo on 1.000 Drachma old Greece banknote in this photo illustration taken in ZenicaBy Nigel Stephenson LONDON (Reuters) - Shares fell in Europe and Asia, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece overwhelmingly voted against conditions for a rescue package, but there was no rout and contagion was limited. Investors sought low-risk assets including Bunds, but the yield premium of Italian 10-year debt over Germany remained below last Monday's eight-month highs. The euro lost half a percent to $1.1064 and 0.6 percent against the safe-haven Japanese yen .


China stocks end higher after unprecedented rescue efforts

A woman is reflected on an electronic board showing stock information at a brokerage house in ShanghaiSHANGHAI (Reuters) - China's key stock indexes showed signs of stabilizing on Monday, rising close to 3 percent, in response to unprecedented rescue measures announced over the weekend. During the volatile session, money gushed into blue chips as investors used an opening spike to dump small caps. The Shanghai Composite Index opened 7.8 percent higher, but ended the day up only 2.4 percent, at 3,775.91 points. The CSI300 index of China's biggest companies also gave up most of its early gains, to end 2.9 percent firmer at 3,998.54 points. ...


GM China auto sales flat in June despite broad price cuts

An aerial picture shows new Chevrolet cars at a General Motors' parking lot in ShenyangGeneral Motors Co vehicle sales in China were roughly flat for June as broad price cuts introduced earlier in the year failed to boost demand. GM and its Chinese joint-venture partners sold 246,066 cars in June, virtually unchanged from the same month a year ago, the U.S. automaker said in a statement on Monday. GM has largely failed to counteract sluggish auto sales so far despite slashing prices on 40 models in May by up to 20 percent, as China's economy grows at its slowest rate in 25 years.


Google's Waze to start carpooling pilot program in Israel

A Google logo is seen at the entrance to the company's offices in TorontoGoogle-owned online mapping company Waze is launching a carpooling pilot program in Israel where commuters pay fellow drivers a small fee for a ride to and from work. The new application, called RideWith, will use Waze's navigation system to learn the routes drivers most frequently take to work and match them up with people looking for a ride in the same direction. Google bought Israel-based Waze, which uses satellite signals from members' smartphones to offer real-time traffic information, for about $1 billion two years ago.


Weight Loss

Ramadan fasting tips: A Muslim dietitian and personal trainer weighs in

rezkmohamedImagine not eating or drinking anything (not even water) for seventeen hours a day during the hot Canadian summer for a month straight. Many of the over one million individuals who identify as Muslim in Canada don’t have to have imagine how it feels at all.


Émilie Bernard performs with Jamie Cullum after video pitch

A unique video from a woman originally from Charlo turned into a performance with U.K. jazz musician Jamie Cullum at the Montreal Jazz Festival. Émilie Bernard now teaches music to elementary students in Montreal. "I just thought her video was so cool and she was persistent and she seemed like a cool girl, she's a musician, she's a teacher so why wouldn't I," he said.

Avoidant-Restrictive Food Intake Disorder (ARFID): When it's more than picky eating

Avoidant-Restrictive Food Intake Disorder (ARFID): When it's more than picky eatingKids with ARFID lose weight and can have nutritional deficiency.


The Precursor to Diabetes Almost No One Knows They Have

DrugsOnly about one in eight people with so-called pre-diabetes, often a precursor to full-blown disease, know they have a problem, a U.S. study found. Lacking awareness, people with the elevated blood sugar levels were also less likely to make lifestyle changes such as getting more exercise or eating less sugary food that might prevent them from ultimately becoming diabetic.


The Worst Breakfasts for Your Waistline 2015

BreakfastBreakfast can be a good thing. Studies show that people who take time for a morning meal consume fewer calories over the course of the day, have stronger cognitive skills, and are 30 percent less likely to be overweight or obese. But when food marketers get their hands on it, “a hearty breakfast” turns into something more like “a heart-breaking breakfast,” because much of what’s on offer at America’s restaurants—and the grocery aisles—is a collection of fatty scrambles, misguided muffin missiles, and pancakes that look like manhole covers. It’s time for a wake up call. Eat This, Not That! magazine editors searched out the good, the bad, and the greasy and put together this special report: The Worst Breakfast Foods in America 2015! Read it, share it, and then start losing weight even before breakfast, with these essential 14 Ways to Wake Up With Zero Belly!


Lifestyle

Live-action, high-tech Marvel theme park suspends summer tour after big debut in Philadelphia

NEW YORK, N.Y. - The indoor high-tech travelling theme park "The Marvel Experience" has stumbled and will cut short its summer tour.

'Terminator Genisys,' 'Magic Mike' fizzle at July 4th box office, 'Jurassic World' tops again

This image released by Warner Bros. Pictures shows Channing Tatum in a scene from the film, "Magic Mike XXL." (Claudette Barius/Warner Bros. Pictures via AP)Anticipated new releases "Magic Mike XXL" and "Terminator Genisys" fizzled, leaving the popular holdovers "Jurassic World" and "Inside Out" to top the holiday weekend. The strength of those June hits and the unfortunate timing of July 4th this year coming on a Saturday (rather than stretching out a long weekend) meant the sequels "Terminator Genisys" and "Magic Mike XXL" both failed to match previous installments.


Jane Fonda, David Suzuki, Naomi Klein join climate rally in Toronto

Actress and activist Jane Fonda joins the March for Jobs, Justice and Climate before the Pan American Climate and Economic Summit in Toronto on Sunday, July 5, 2015. THE CANADIAN PRESS/Darren CalabreseJane Fonda joined hundreds gathered outside Ontario's legislative buildings on Sunday to rally and march for action on climate change and a greener economy ahead of two international summits this week. Labour groups, First Nations leaders, students and environmentalists led the rally calling on the federal government to do more to combat climate change and to focus on creating more jobs in the renewable energy sector to shift Canada away from an oil-based economy.


Mila Kunis & Ashton Kutcher Wed!

Ashton Kutcher and Mila Kunis are dating years after portraying the on-screen couple of Michael Kelso and Jackie Burkhart on the comedy hit show 'That '70s Show' -- Getty ImagesOn-screen romance blossomed into real-life love (albeit years later) for Ashton Kutcher and Mila Kunis -- and now, the former co-stars are reportedly married!


Women's World Cup: Stars React

Carli Lloyd #10 of the United States celebrates the 5-2 victory against Japan in the FIFA Women's World Cup Canada 2015 Final at BC Place Stadium on July 5, 2015 in Vancouver, Canada -- AFPThe United States Women's soccer team nabbed World Cup glory on Sunday night, defeating Japan 5-2 for the championship.


Sports

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Celebrity

Vanessa Williams Weds

It was a Fourth of July to remember for Vanessa Williams.

A royal milestone: Britain's Princess Charlotte christened at church on queen's estate

A large crowd of loyal royal fans pass through security to the area around the Church of St Mary Magdalene in Sandringham, eastern England, where Princess Charlotte will be christened in front of the Queen and close family, Sunday July 5, 2015. The church, close to William and Kate's country house Anmer Hall, is where the royal family traditionally gathers for Christmas service. It is also where Charlotte's late grandmother, Princess Diana, was christened in 1961. (John Stillwell/PA via AP) UNITED KINGDOM OUT NO SALES NO ARCHIVEPrince William and his wife, Kate, marked a milestone for their newborn baby Princess Charlotte on Sunday — a christening ceremony on Queen Elizabeth II's country estate that was steeped in royal tradition. Hundreds of fans outside St. Mary Magdalene Church in Sandringham, a sprawling royal estate near England's eastern coast, cheered as William and Kate arrived with toddler Prince George and 9-week-old Charlotte, who was in a vintage pram. Following royal tradition, holy water from the River Jordan, where it is said Jesus was baptized by John the Baptist, was used for the baptism.


Billy Joel Ties The Knot

Billy Joel, Alexis Roderick --Billy Joel celebrated the Fourth of July with a wedding!


Leonard Nimoy's son creates Spock documentary to honour his father's life onscreen and off

In this June 29, 2015 photo, lawyer-turned-director Adam Nimoy, son of the late Star Trek actor Leonard Nimoy, poses for a portrait in New York to promote his documentary about his father, "For the Love of Spock." (Photo by Dan Hallman/Invision/AP)Nimoy said the "Spockumentary" funded through a Kickstarter campaign that raised over $600,000 will focus on the pop icon and his legacy. "For the Love of Spock" began as a project for the father and son duo before Leonard's Nimoy's death in February at age 83. Nimoy said his father wanted to keep it Spock-centric, but once he passed he knew he had to include more about his father.


CAS ruling explains why celebrity musician Vanessa-Mae was cleared of Olympic ski race fix

FILE - In this file photo dated Tuesday, Feb. 18, 2014, showing famed violinist Vanessa Mae, starting under her father's name as Vanessa Vanakorn, racing for Thailand, on the first run of the women's giant slalom at the Sochi 2014 Winter Olympics, in Krasnaya Polyana, Russia. In a detailed ruling published by The Court of Arbitration for Sport, on Friday July 3, 2015, the court has cleared the musician of rigging low-level races to help her qualify for the Sochi Olympics. (AP Photo/Charles Krupa, FILE)Pop violinist Vanessa-Mae exploited weak International Ski Federation rules and got help from Alpine race officials "smitten" by her celebrity to qualify for the Sochi Olympics, according to sport's highest court. The Court of Arbitration for Sport cleared the musician last month of rigging low-level races in Slovenia organized by her entourage in January 2014, and lifted her four-year ban on appeal. One race in January 2014 was titled the "Thai National Junior Championships" even though 35-year-old Vanessa-Mae was the only racer from Thailand.









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