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CRTC rejects Telus' request to charge processing fee on credit card payments

(Reuters) - A Canadian regulator said on Thursday it had rejected Telus Corp's request to charge a processing fee on

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Rail strikes could last ‘indefinitely’, warns RMT leader Mick Lynch

Strike action on the national railways will last “indefinitely” unless the Government abandons its stance that guards are removed from trains, RMT general secretary Mick Lynch warned on Thursday evening. The RMT said hopes of a deal with 14 train companies that would have averted next week’s walkouts was scuppered on Sunday when a late condition was added – that trains should become driver-only operated (DOO). The union believes the precondition was added by Downing Street – which Transport Secretary Mark Harper was unable to deny when asked at the transport select committee on Wednesday. Mr Lynch made clear the union was prepared to fight to the end on what it regarded as a matter of principle. “This union will go down on this issue,” he said. “We will not accept DOO in any form.” Asked if the Government’s requirement for a driver-only network meant industrial action was likely to last indefinitely, Mr Lynch said: “It will be indefinite if that is their position.” He said Aslef, which represents the majority of train drivers, was also vehemently opposed to driver-only trains. RMT members are due to walk out at Network Rail and 14 rail firms next Tuesday and Wednesday and on Friday and Saturday. This will result in week-long of chaos on the railways, with only 20 per cent of trains running and no services in some areas. Speaking to journalists for 45 minutes inside the RMT’s Euston headquarters, Mr Lynch said the rail firms were “not losing a penny” from the strikes as they were being “reimbursed” by the Government. He said rail firms had received payments worth £318m and had not suffered a loss of income – unlike striking workers, who lose a day’s pay for each action. Only the worst off members are able to apply to a union hardship fund for help. The rail dispute has effectively split in two, with the RMT closer to securing a deal with Network Rail but appearing miles from reaching agreement with the train companies. The 14 train companies affected by RMT action are: Great Western Railway, Avanti West Coast, South Western Railway, Chiltern Railways, Cross Country Trains, Greater Anglia, LNER, East Midlands Railway, c2c, Northern Trains, Southeastern, TransPennine Express, West Midlands Trains and GTR (including Gatwick Express, Great Northern, Southern and Thameslink). The RMT is holding an electronic referendum of Network Rail members to give them the chance of accepting an offer from Network Rail, which is worth five per cent this year and four per cent next year and up to 13 per cent for the lowest-paid staff. The result is due at midday on Monday. If members vote to accept the deal, the RMT will cancel the walkout planned by track maintenance workers between December 24 and December 27. But the RMT has recommended that its Network Rail members reject the deal, as it says the pay rises are funded by “thousands” of unspecified job cuts and a reduction in track safety checks, which Mr Lynch claimed would mean the railways were “less safe than they are now”. Read More Pubs and restaurants face surge in Christmas party cancellations over strikes Rail union leaders accuse government of ‘blocking’ deal to end Christmas strikes Londoners facing six more months of Tube strikes after RMT ballot green light

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Wirecard bosses' fraud trial begins after scandal that rocked Germany

By Jörn Poltz MUNICH (Reuters) - Wirecard's former chief executive, who steered the payments company through its rise and spectacular

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Elon Musk’s Bankers Consider Tesla Margin Loans to Cut Risky Twitter Debt

(Bloomberg) -- Elon Musk’s bankers are considering replacing some of the high-interest debt he layered on Twitter Inc. with new

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Many questions on $52B storm protection plan in NY, NJ

People are asking questions about a massive $52 billion storm protection plan proposed by the federal government in New York and New Jersey

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Opinion: The day the football gods reversed the tide of history

Morocco's win against Spain to make the knockout stage of the World Cup is bigger than a tale of the underdog. For Muslim fans watching -- both in the stands and at home -- it was a spiritual scene, writes Khaled A. Beydoun.

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Gilles Michel to become Chairman of French car parts maker Valeo

PARIS (Reuters) - French car parts maker Valeo on Thursday said that Gilles Michel will become its new chairman of

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FDA clears updated COVID-19 vaccines for kids under age 5

U.S. regulators have cleared doses of the updated COVID-19 vaccines for children younger than 5

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Zuma 'abusing' private prosecution for political ends - Helen Suzman Foundation argues

Seasoned lawyer, Kate Hofmeyr, representing the Helen Suzman Foundation, said there were ulterior motives to Jacob Zuma's private prosecution.

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EU adds eight people to Congolese sanctions list

KINSHASA (Reuters) - The European Union has added eight people to its list of sanctions relating to the conflict in

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Machine Gun Kelly’s sweet gesture for fiancé Megan Fox will melt your heart

Colson Machine Gun Kelly Baker got candid about his romance with his fiancé Megan Fox revealing he tried to make her favourite cinnamon rolls during a visit on Wednesday on Jimmy Kimmel...

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13 deaths from previous reporting periods announced in N.S. COVID-19 weekly update

Nova Scotia has reported no new COVID-19 death within the latest reporting week from Nov. 29 to Dec. 5 . But there are 13 more deaths from a previous time that the province has not specified, according to information released Thursday.

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Padres offered Aaron Judge an unreal amount of money

Padres offered Aaron Judge an unreal amount of money

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US lawmakers want answers from FTX's Sam Bankman-Fried

Lawmakers are demanding that Sam Bankman-Fried, the founder of the failed crypto exchange FTX, appear before the Senate Banking Committee next week over "significant unanswered questions " surrounding the collapse of his companies.

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Rate hikes have had 'zero impact' on inflation, says economist

Jim Stanford, director of the Centre for Future Work says raising interest rates is not the only way to tackle inflation in Canada.

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Almeida Theatre cancels first week of Streetcar Named Desire as lead actor withdraws

The Almeida Theatre has cancelled its first week of performances of A Streetcar Named Desire after actress Lydia Wilson pulled out for health reasons. Aftersun and Normal People star Paul Mescal is attached to the much-anticipated production, which will now see Patsy Ferran take the lead role of Blanche DuBois. All performances between December 12 and 16 have been cancelled, with performances now starting on December 17, and the press night rearranged from December 20 to January 12. A statement from the Almeida on Thursday read: “For health reasons, Lydia Wilson will no longer play the role of Blanche DuBois in A Streetcar Named Desire. The part will now be played by Patsy Ferran.” Mescal will play Stanley while Anjana Vasan will perform as Stella with Rebecca Frecknall directing. Frecknall worked with Ferran on another Tennessee Williams play, Summer and Smoke, also at the Almeida, in 2018. The cancellations follow the Almeida also pulling the last two performances of musical Tammy Faye, which were due to be shown on December 3. Of the show, the Almeida website says many performances are now sold out or have limited availability. For tickets, click here. Read More MPs furious at Southeastern scrapping hundreds of daily services to central London Taxpayers pick up £500,000 bill for extra security at West Ham’s London Stadium Londoners facing six more months of Tube strikes after RMT ballot green light

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New York Times journalists, other workers on 24-hour strike

Hundreds of New York Times journalists and other staff have walked off the job for 24 hours

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Credit Suisse raises 'milestone' $2.4 billion in revamp cash call

By John Revill, Lucy Raitano and Pablo Mayo Cerqueiro (Reuters) - Credit Suisse on Thursday hailed a "milestone" in its

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U.S. imposes sanctions on Turkish businessman, citing links to Iran's Quds Force

By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) - The Biden administration on Thursday imposed sanctions on prominent Turkish businessman

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Climate changes threatens to drown Egyptian city of Alexandria, destroy key farmland

Rising sea levels are threatening the ancient port built by Alexander the Great and changing the chemical balance of farmland that Egypt cannot afford to lose

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'She is coming home!': Sports world cheers Griner's release

By Amy Tennery (Reuters) -Brittney Griner's Women's National Basketball Association (WNBA) team mates, fellow athletes and sport luminaries cheered her

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Michael Flynn appears before Atlanta grand jury probe into Trump's election subversion

Former national security adviser Michael Flynn is appearing Thursday before an Atlanta-area special grand jury probing efforts by former President Donald Trump and his allies to overturn the 2020 election in Georgia.

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Biden releasing nearly $36B to aid pensions of union workers

President Joe Biden's administration is providing nearly $36 billion to shore up a financially troubled union pension plan

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3 Southern University marching band members die after 18-wheeler hits them while changing tire in Louisiana

While they were working to replace the tire, a 1997 Freightliner drifted onto the shoulder and slammed into the left side of the Jeep

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