Edition:
India

Allison Martell

Mexico says deal to repeal U.S. steel tariffs could be close

15 May 2019

TORONTO Mexico is closing in on a deal to repeal U.S. President Donald Trump's punitive tariffs on steel and aluminium, a senior Mexican official said on Tuesday, potentially moving a step nearer to the ratification of a major trade deal struck last year.

Mexico says deal to repeal U.S. steel tariffs could be close

15 May 2019

TORONTO Mexico is closing in on a deal to repeal U.S. President Donald Trump's punitive tariffs on steel and aluminum, a senior Mexican official said on Tuesday, potentially moving a step nearer to the ratification of a major trade deal struck last year.

INSIGHT-RPT In Canada, a little-known drug regulator shows its teeth

08 May 2019

TORONTO, May 8 A tiny, little-known government agency is ramping up regulation of Canada's pharmaceutical industry, seeking to rein in prices for patented drugs that are among the highest in the world, according to industry sources and a Reuters analysis of government data.

In Canada, a little-known drug regulator shows its teeth

08 May 2019

TORONTO A tiny, little-known government agency is ramping up regulation of Canada's pharmaceutical industry, seeking to rein in prices for patented drugs that are among the highest in the world, according to industry sources and a Reuters analysis of government data.

UPDATE 4-Air Canada posts surprise profit despite MAX grounding; shares jump

06 May 2019

MONTREAL/TORONTO, May 6 Air Canada on Monday reported a surprise quarterly profit that sent shares up more than 5 percent in earlier trading, helped by flying more passengers and its purchase of a loyalty program, despite pressures from the grounding of Boeing's 737 MAX jets.

Toyota to produce Lexus NX for North America at Canada plant

30 Apr 2019

OTTAWA/MONTREAL Toyota Motor Corp will build its Lexus NX luxury crossover vehicle at a Canadian plant starting in 2022, the company said on Monday, a decision that Prime Minister Justin Trudeau said demonstrated the value of the country's international trade agreements.

Recordati to seek Canadian approval for kidney disease drug

16 Apr 2019

TORONTO Italy's Recordati said on Tuesday it plans to seek Canadian approval for its drug Cystagon, which treats a rare kidney disease, in a potential blow to Horizon Pharma,, which makes the only drug approved for treatment in Canada.

Canada advisory group calls for new prescription drug agency

06 Mar 2019

TORONTO A Canadian advisory council studying prescription drug coverage said on Wednesday the federal government should create an arm's-length national drug agency to manage and oversee a new drug program.

Exclusive: Canadian regulator failed to make checks on risky mortgage brokers

26 Feb 2019

TORONTO The financial services regulator in Canada's biggest province failed to make planned checks on mortgage brokers it had identified as risky because its resources were stretched, according to documents obtained by Reuters under freedom of information laws and information provided by the regulator.

Exclusive: Facing crackdown in Canada, drugmakers offered billions in price cuts

06 Feb 2019

TORONTO Canadian pharmaceutical industry lobby groups, in an effort to head off a planned crackdown on prescription drug prices, offered to give up C$8.6 billion ($6.6 billion) in revenue over 10 years, freeze prices or reduce the cost of treating rare diseases, according to interviews and documents seen by Reuters.

World News