COLUMN-OPEC should let oil prices rebalance the market: Kemp
LONDON, June 28 The 1980s film “WarGames” contains an important lesson for OPEC and shale producers about the futility of trying to manage the oil market.
May 30 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
** Canadian National Railway Ltd has reached a tentative contract agreement with the Teamsters union representing 3,000 freight train conductors, ahead of a Tuesday morning strike deadline. tgam.ca/2r5uoh5
** The Conference Board of Canada's quarterly provincial outlook report predicted that Alberta will emerge from its two-year recession to retake the mantle of Canada's provincial leader in economic growth this year, with forecast growth of 3.3 percent. tgam.ca/2qBFOWy
** Emma McLennan, the president of the Ottawa West-Nepean riding, has repeated her call for party leaders to order a second nomination vote after what she described as new evidence surfacing of "voter fraud" at the first vote in early May. tgam.ca/2r6E8rA
** Husky Energy Inc gave the thumbs up on Monday to the next big project in Newfoundland and Labrador's offshore, showing the era of oil megaprojects is far from over — particularly where they are still popular. bit.ly/2rfdCKU
** Through a series of small but decisive steps taken over the past 18 months, Deveron UAS Corp, a drone data services company that focuses on the agriculture sector, is slowly taking flight. The latest development in that steady build came on Monday when Deveron announced that it had been given the green light by the Minister of Transport to operate across Canada. bit.ly/2rQ6Aiy
** Royal Bank of Canada's investment arm has launched a new coaching program for LGBT professionals in the capital markets industry in the Greater Toronto area, which the bank says is the first program of its kind in the country. bit.ly/2qv8u8i (Compiled by Bengaluru newsroom)
LONDON, June 28 Sterling surged to a three-week high and Britain's main FTSE 100 stock index fell on Wednesday, after Bank of England Governor Mark Carney said the Bank was likely to need to raise interest rates and would debate this "in the coming months".
June 28 Seeds and agrochemicals company Monsanto Co, which is being bought by Germany's Bayer AG , reported a stronger-than-expected quarterly profit on Wednesday as record U.S. and Brazilian soybean plantings lifted seed sales.