Canadian housing starts rise more than expected in November

OTTAWA (Reuters) – Canadian housing starts rose 8% in November, beating market expectations, driven primarily by multi-unit starts in Quebec, Alberta and British Columbia, data from the national housing agency showed on Monday. The seasonally adjusted annualized rate of housing starts rose to 262,443 units from an upwardly revised 242,207 units in October, the Canadian …

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Johnson Matthey’s largest shareholder calls for strategic review, board reshuffle

(Reuters) -Standard Investments, the largest shareholder in UK’s Johnson Matthey, on Monday urged the British autocatalyst maker to initiate a strategic review and overhaul its board. Standard Investments, which holds an 11% stake in the London-listed company, said in a letter addressed to Johnson Matthey Chairman Patrick Thomas that the board and management had remained …

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Soccer-Women’s Euro 2025 players to receive share of prize money for first time

By Lori Ewing (Reuters) – Players participating in the Women’s Euro 2025 will receive a percentage of the prize money for the first time, European football’s governing body UEFA announced on Monday. The UEFA Executive Committee approved a prize pot of 41 million euros for the tournament in Switzerland, representing a 156% increase from the …

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Dutch chipmaker NXP and South Korea’s bitsensing in radar deal

AMSTERDAM (Reuters) – South Korean startup bitsensing has entered a partnership with Dutch computer chip manufacturer NXP to sell radar systems used in cars, the Asian company’s CEO told Reuters on Monday. The deal will focus on combining NXP’s radar chips with bitsensing’s radar hardware and software, CEO Jae-Eun Lee said in an email without …

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Putin accuses West of pushing Russia to its “red lines” forcing it to respond

MOSCOW (Reuters) – Russian President Vladimir Putin on Monday accused the West of pushing Russia to its “red lines” – situations it has publicly made clear it will not tolerate – and said Moscow had been forced to respond.   Putin told a meeting of defence officials that Russia was watching the U.S. development and potential …

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