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Updated: 13 min 55 sec ago

From Woking to Wall Street: UK day traders dream of glory in daily grind

3 hours 21 min ago

The building is home to Futex, one of several so-called "trading farms" in the UK that give training, office space and equipment to people prepared to make short-term trades, mostly within a day, with their own money in the hope of being hired or sponsored for a cut of their profits. Navinder Singh Sarao - who has been accused by U.S. authorities of contributing to the May 2010 "flash crash" in Wall Street - worked there between early 2003 and early 2008, according to a statement by Futex on Friday.


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Montreal police asking sex assault victims to come forward

3 hours 29 min ago
Montreal police are looking for potential victims of a man facing several charges of sexual assault.
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Apple Watch launches quietly at handful of big-city boutiques

3 hours 29 min ago

NEW YORK/TOKYO (Reuters) - The Apple Watch launched quietly around the world on Friday without the usual frenzy or fanfare for an Apple Inc rollout, as a handful of boutiques in major cities like Tokyo and Paris sold the timepiece - but not for purchase at its own stores. Shops included The Corner in Berlin, Colette in Paris, Maxfield in Los Angeles and Dover Street Market in Tokyo and London. Apple courted the outlets to promote the watch as a fashion item rather than just another techie gizmo. The watch has been on display in Apple stores since April 10, when it became available for preorder.


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B.C. mayor hopes 6.1 magnitude tremor will relieve pressure for mega-quake

4 hours 41 min ago

The mayor of the community closest to a strong earthquake that struck British Columbia's north coast on Friday welcomes the tremor in hopes it will relieve building pressure. The 6.1 magnitude earthquake hit approximately 167 km southeast of the Village of Queen Charlotte in the Haida Gwaii region at about 7 a.m. The National Tsunami Warning Centre said a tsunami was not expected to result from the quake, which struck about 10 km under the surface. Queen Charlotte City Mayor Greg Martin woke up to the quake, which shook his bed and rattled his door, but said the trembling was minor.


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Speaker Nolin's death leaves Senate without a leader in midst of crisis

4 hours 42 min ago

The Speaker of Canada's Senate, Pierre Claude Nolin, died Thursday after a five-year battle with a rare form of cancer, leaving the much-maligned institution without a leader in the midst of its greatest crisis. Nolin, 64, who was appointed to the Senate by Brian Mulroney in 1993, died just after 7 p.m. Thursday, not long after the upper chamber issued a statement warning that his health had recently taken an abrupt turn. Nolin became Speaker just last November, the unanimous choice of Conservative, Liberal and independent senators who saw him as a smart, respected, open-minded man who could steer the upper chamber through the final dramatic chapters of the expenses scandal that has rocked the Senate to its foundations. Prime Minister Stephen Harper said Nolin served in the Senate "with great devotion" for 21 years, noting his interest in causes like human rights, the Canadian military and the place of Quebecers in a united Canada.


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Justice Marshall Rothstein to retire from Supreme Court of Canada in August

4 hours 42 min ago

Justice Marshall Rothstein is retiring from the Supreme Court of Canada effective Aug. 31, just months short of his mandatory retirement on his 75th birthday in December. Rothstein was appointed to the court by Prime Minister Stephen Harper in March 2006 after 13 years with the Federal Court and the Federal Court of Appeal. Chief Justice Beverley McLachlin has formally notified Justice Minister Peter MacKay of the coming vacancy on the bench. "Justice Rothstein has served on the court with distinction, and made enormous contributions to the court and to Canada," she said in a statement.


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Liberal ad lampoons taxpayer-funded Harper government ad campaign

4 hours 42 min ago
Federal Liberals are dipping into their party war chest to advertise about government advertising. The party has paid for prime-time NHL playoff real estate to lampoon the Conservative government's ubiquitous "economic action plan" promos that have been saturating the airwaves since 2009. Opposition parties have long complained that the government ads are thinly disguised partisan propaganda — paid for by taxpayers. The cheeky Liberal ad purports to be a message from Prime Minister Stephen Harper, thanking Canadians for footing the bill.
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Kenney affirms Armenian genocide on Hill lawn, as Turkish Canadians watch

4 hours 43 min ago

Defence and Multiculturalism Minister Jason Kenney told Armenian Canadians gathered Friday on Parliament Hill that the memory of their homeland's genocide will never be forgotten in this country. Kenney dramatically affirmed that controversial position — one vehemently opposed by Turkey, Canada's NATO ally — to hundreds of Armenian Canadians gathered on the east section of the Hill lawn. Kenney's remarks comprised an explicit expression of support for the Armenians on the eve of a weekend featuring separate First World War 100th anniversary commemorations in Armenia and Turkey. Also Friday, Immigration Minister Chris Alexander was in Armenia to lay a wreath at a commemoration of the 1915 massacre, in which 1.5 million Armenians were killed at the hands of Ottoman Turks.


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Armenia marks centennial of killing of 1.5 million by Ottoman Empire, amid Turkey tensions

4 hours 43 min ago

The presidents of Russia and France joined other leaders Friday at ceremonies commemorating the massacre 100 years ago of 1.5 million Armenians by Ottoman Turks, an event which remains a diplomatic sore point for both sides.


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Baloney Meter: Did the Conservatives really pay down $37B in debt?

4 hours 44 min ago
OTTAWA - "When our government first came to power, we worked hard to reduce Canada's substantial federal debt. We did it in short order, by more than $37 billion." — Finance Minister Joe Oliver's budget speech to the House of Commons on April 21. When the Harper government delivered its first balanced budget this week in eight years, Finance Minister Joe Oliver was eager to burnish his party's conservative fiscal credentials. Oliver spent a good portion of his speech in the House of Commons selling the merits of budgetary balance and the perils of debt, while castigating the economic credentials of his opponents.
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Go-slow strategy in play at Duffy trial seems to frustrate presiding judge

4 hours 54 min ago

Witnesses at the trial of suspended senator Mike Duffy have spent days taking the court through the murky mish-mash of Senate expense rules, but the presiding judge suggested Friday it's still not clear to him.


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Charter advisers seek talks with Time Warner Cable: Bloomberg

6 hours 49 min ago

(Reuters) - Charter Communications Inc's advisers have started the process to begin talks on a deal to buy Time Warner Cable Inc, Bloomberg reported on Friday, citing people familiar with the matter. Charter is seeking to buy Time Warner Cable quickly and has approached banks about financing, but executives at the two companies have not yet spoken, the Bloomberg report said. Charter would likely have to pay more than Comcast's per-share offer, Bloomberg said, citing a source.


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5 things to know about transgender Americans and the challenges they face

6 hours 53 min ago

These are pivotal times for transgender Americans, as they gain in visibility yet remain buffeted by bias and misunderstanding. Yet there's growing awareness of the transgender community, fueled by positive portrayals on popular TV shows, an array of campaigns to expand transgender rights, and recurring reports of homicides and suicides claiming the lives of transgender people. Transgender is an umbrella term for people whose gender identity differs from the gender they had at birth.


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Softwood lumber agreement expected to expire in October, says West Fraser

7 hours 2 min ago
Canada's lumber producers say they expect the softwood lumber agreement with the United States will be allowed to expire in October. As the clock ticks away to the deadline, West Fraser Timber noted in its first-quarter earnings report that the likelihood of an extension or replacement agreement becomes increasingly remote. Canada's forestry sector favours a renewal because of the certainty it provides and the likelihood that rising prices will eliminate all duties and export taxes, Quinn said. Quinn says Canada's bargaining position would strengthen in about a year if prices rise and the Canadian dollar strengthens to reduce the competitive advantage of Canadian producers.
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TransCanada seeks U.S. permit on Upland line as Keystone XL waits

7 hours 11 min ago

TransCanada Corp, whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada. The company, Canada's No. 2 pipeline operator, said it applied on Wednesday for a presidential permit for its planned Upland pipeline, which will carry as much as 220,000 barrels of oil per day 240 miles (386 kilometers) from Williston, North Dakota, to meet the proposed Energy East pipeline in southern Saskatchewan near the border with Manitoba. "Upland is a gathering system that will help move Williston Basin oil production to markets where it is needed," said Mark Cooper, a spokesman for the company. Upland will allow us to transport that oil by pipeline." The application comes despite the continuing fight over the Keystone XL pipeline, which would take crude from the Alberta oil sands and the Bakken field to the refining hub on Texas' Gulf Coast.


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Winnipeg woman charged after infants found in storage locker granted bail

7 hours 12 min ago
A woman charged after the remains of six infants were discovered in a Winnipeg storage locker has been granted bail. Andrea Giesbrecht is facing six charges of concealing the bodies and has been in custody since her arrest last fall. Giesbrecht will have to keep the peace and report any pregnancies to authorities while out on bail. Her lawyer says she will be closely supervised by the Elizabeth Fry Society.
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Kim Kardashian: Our family will watch Bruce Jenner's interview together; there is no divide

7 hours 46 min ago

Kim Kardashian says her family plans to watch Bruce Jenner's Friday night TV interview as they do most things, which is together. Kardashian told reporters in New York at Friday's Variety Power of Women event — where she was being honoured along with Lena Dunham, Whoopi Goldberg, Glenn Close and Rachel Weisz — that people assume there's a divide in her family, which isn't true.


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HSBC, JPMorgan, C Agricole to fight EU charges at June hearing: sources

7 hours 52 min ago

By Foo Yun Chee BRUSSELS (Reuters) - HSBC Holdings , JPMorgan and Credit Agricole will seek to fight European Union charges of rigging financial benchmarks at a closed door hearing in June, two people familiar with the matter said on Friday. The European Commission accused the three banks in May last year of manipulating the Euribor interbank offered rate after they refused to settle a case five months earlier, unlike six other banks. In December 2013, a record 1.7-billion-euro fine was imposed on six banks including Deutsche Bank , Royal Bank of Scotland and Citigroup for alleged benchmark rigging. Commission spokesman Ricardo Cardoso declined to comment.


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Equities hit record highs, dollar weakens

7 hours 52 min ago

By Rodrigo Campos and Herbert Lash NEW YORK (Reuters) - Equity markets around the world rode to all-time highs on Friday as solid corporate earnings and a record peak for the Nasdaq stock index stoked investor optimism, but the dollar eased. Amazon.com Inc , Microsoft Corp and Google Inc led Wall Street higher, prepping the Nasdaq for a second straight record closing high.


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Poland says 'provocative' Russian motorcycle group won't be allowed to enter country

7 hours 55 min ago

Polish authorities said Friday they will not allow a nationalistic Russian motorcycle group loyal to President Vladimir Putin to enter Poland, but insisted the move is not political and was made in part because Polish authorities would not be able to guarantee their security. The Night Wolves group had planned to enter Poland next week to commemorate the 70th anniversary of the end of World War II. Their plan was to cross several countries on their way to Berlin, following a path taken by the Red Army in its defeat of Adolf Hitler's Germany. Many Poles reacted angrily to the plan for the symbolic drive through their country at a time of deep strains between Russia and the West.


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