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Troubled Canada pipeline no longer profitable: budget watchdog
Troubled Canada pipeline no longer profitable: budget watchdog
Business and Economy
by  AFP

The controversial Trans Mountain pipeline expansion project, now under construction in western Canada after being nationalized, is no longer profitable as costs have spiralled, Parliament's budget watchdog said Wednesday. Ottawa purchased the pipeline for Can$4.4 billion (US$3.4 billion) from Kinder Morgan four years ago to salvage the troubled expansion project.

French minister investigated after rape allegations
French minister investigated after rape allegations
World
by  AFP

French prosecutors said on Wednesday they were investigating a junior minister in President Emmanuel Macron's government after two allegations of rape were brought against her. Prosecutors investigated Interior Minister Gerald Darmanin over an allegation for rape filed in 2017.

Bayern complete signing of Senegal star Mane from Liverpool
Bayern complete signing of Senegal star Mane from Liverpool
Africa
by  AFP

Bayern Munich confirmed the signing of Sadio Mane from Liverpool on Wednesday, as the Senegal forward signed a three-year deal with the Bundesliga champions. "Sadio Mane is a global star, who underlines the appeal of Bayern and will increase the attractiveness of the Bundesliga as a whole," said Bayern president Herbert Hainer.

Dutch farmers protest livestock cuts to curb nitrogen
Dutch farmers protest livestock cuts to curb nitrogen
World
by  AFP

Thousands of tractor-driving farmers demonstrated in central Netherlands on Wednesday, causing widespread traffic chaos as they protested against the government's far-reaching plans to cut nitrogen emissions. Prime Minister Mark Rutte said earlier this month the government's plan to cut nitrogen emissions "will have an enormous impact on farmers".

US could face more inflation 'surprises': Fed's Powell
US could face more inflation 'surprises': Fed's Powell
Business and Economy
by  AFP

The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Federal Reserve Chair Jerome Powell said Wednesday. The Fed is facing intense criticism that it was too slow to react to the changing economy, which benefited from a flood of federal government stimulus.