A Japanese judicial committee has decided that three former utility executives should face criminal charges and stand trial for their alleged negligence in the Fukushima nuclear disaster. A document released Friday showed the committee of independent citizens voted in favour of indicting Tsunehisa Katsumata, 75, who was chairman of Tokyo Electric Power Co. at the time of the crisis, along with then-vice-presidents Sakae Muto, 65, and Ichiro Takeguro, 69. The 11-member committee's second decision supporting the indictment overrides Tokyo prosecutors' two earlier decisions to drop the case, forcing the three men to be charged with professional negligence.
An Edmonton mother was not impressed when she learned changes to the Universal Child Care Benefit would mean extra taxes. Tina Ward has paid a subsidized rate since she put her daughter into daycare five years ago.Â Ward initially thought the extra cash was great. Accountant Sunni Stephan said the loss of the Child Tax Credit means there is nothing to offset the added taxes from the benefit.
The International Monetary Fund is participating fully in the ongoing talks for a new bailout program for Greece, a spokeswoman for the European Commission said on Friday, dismissing reports the IMF could be abandoning the rescue plan. The talks on a new bailout program are ongoing "with the IMF present and fully participating in the talks in Athens," Commission spokeswoman Mina Andreeva told journalists in Brussels.
(Reuters) - Plastic packaging products maker Berry Plastics Group Inc said it would buy Avintiv Inc, which makes materials used in products ranging from diapers to disinfectant wipes, for about $2.45 billion in cash from Blackstone Group LP . Berry Plastics, which makes products such as duct tapes, spray adhesives and food wrap films, said it would buy Avintiv on a debt-free, cash-free basis. Berry Plastics' shares rose nearly 2 percent to $34 in trading before the bell on Friday.
Police are investigating a suspicious death in Montreal's Ville-Marie borough. Emergency respondersÂ were called to an apartmentÂ in the Gay VillageÂ on Ste-CatherineÂ Street near the corner ofÂ MontcalmÂ Street to treat a man in cardiac arrest. "Some elements on theÂ sceneÂ indicate it could be aÂ suspiciousÂ death," Couture said.
HONG KONG/SHANGHAI (Reuters) - China is pressing foreign and Chinese-owned brokerages in Hong Kong and Singapore to hand over stock trading records, sources said, extending its pursuit of "malicious" short sellers of Chinese stocks to overseas jurisdictions. China's main share markets, both among the world's five biggest, have slumped around 30 percent since mid-June and authorities have been flailing in efforts to prevent a further sell-off that could spill over into the wider economy. The markets regulator, the China Securities Regulatory Commission (CSRC), wants the trading records to try to identify those with net short positions who would profit in case of further falls in China-listed shares, three sources at Chinese brokerages and two at foreign financial institutions said.
Job action by drivers at Capital and Blueline taxi companies starts Saturday but won't affect customers, according to the company that runs the dispatch service. Unifor Local 1688, the union representing the taxi drivers, served notice to Coventry Connections on Thursday regarding the action beginning Aug. 1, according to a news release. This means drivers will not pay Coventry for the dispatch service or for the use of private taxi stands across Ottawa, the release said.
Beijing was selected Friday to host the 2022 Winter Olympics, becoming the first city awarded both the winter and summer games. Beijing narrowly defeated Almaty, Kazakhstan, in a vote of the International Olympic Committee. The Chinese capital, which hosted the 2008 Summer Olympics, came in to the vote as the strong favourite, despite its lack of natural snow.
If the weather is good enough, many people will consider heading to the nearest water park or wave poolÂ to cool off. A quick survey of prices listed on the websites of more than a dozen province-wide publicly owned and privately runÂ water parks and wave poolsÂ shows daily admission fees generallyÂ ranging from $15Â to $45 a person at larger facilities. All of the data cited in the table above came from the official websites of the listed water parks and wave pools.
Greece's talks with its international creditors on a third bailout worth 85 billion euros ($93 billion) shifted into a higher gear on Friday, with lead negotiators from the European Union and International Monetary Fund meeting key ministers in Athens. The talks with Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis follow preparatory meetings in the Greek capital this week between lower-level officials on reforming the tax system and labour market regulations. The third bailout will include a new punishing round of austerity measures heaped on a country reeling from a six-year recession and more than 25 per cent unemployment.