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(MENAFN - AFP) Prime Minister Justin Trudeau's Liberals will introduce legislation in the coming weeks which would legalize the recreational use of marijuana in Canada by the middle of next year, reports said on Monday.

Trudeau's Liberal caucus was briefed on the timeline for the proposed measure during a weekend meeting, public broadcaster CBC reported, citing unnamed sources.

The ...

 
(MENAFN - AFP) A row between Heineken and a small Romanian brewer backed by the Hungarian government looked to be over Monday, just days after Budapest threatened to ban the Dutch giant's famous red star logo.

Heineken and Lixid Project, based in Transylvania, a region in Romania with a large ethnic Hungarian population, said in a joint statement that their dispute had been ...

 
(MENAFN - AFP) Medical NGOs mounted a new legal bid Monday to break a US pharma giant's hold on a hepatitis C drug whose price -- costing thousands of dollars for a typical course -- has unleashed a fierce patent battle.

The drug, known by its lab name as sofosbuvir, cures 90 percent of Hep C cases, bringing hopes for millions infected with the dangerous liver virus.

But ...

 
(MENAFN - AFP) The EU on Monday approved a $130 billion mega-merger of US agri-chemicals giants Dow Chemical and DuPont, paving the way for major consolidation in a sensitive sector for farmers and the environment.

The decision by antitrust regulators was subject to Dupont selling "major parts" of its global pesticide business, said the European Commission, the EU's executive ...

 
(MENAFN - AFP) Stock markets mostly fell Monday and the dollar slid on concerns that the collapse of US President Donald Trump's repeal of Obamacare could leave him struggling to push through his promised tax-cut and infrastructure spending policies.

In a severe early blow to the new administration, the healthcare reform was pulled Friday as it failed to win enough support ...

 
(MENAFN - AFP) A young Bangladeshi girl diagnosed with a rare condition known as "tree man syndrome" has left hospital, her father told AFP Monday, saying he feared she would never be cured.

Surgeons operated on Sahana Khatun last month and removed some of the bark-like growths she has developed from the extremely rare condition of epidermodysplasia verruciformisa.

The ...

 
(MENAFN - AFP) Toshiba's loss-hit US nuclear unit could be placed under bankruptcy protection as early as this week, a report said Monday, sending shares in the Japanese giant lower.

Westinghouse Electric is likely to file for Chapter 11 on Tuesday and is eyeing Korea Electric Power Co to help with its subsequent restructuring, Japan's Nikkei business daily said, without ...

 
(MENAFN - AFP) Tatiana Panova holds a photograph of her great-grandfather as a solemn-faced student in 1923 in the Soviet Union, around 16 years before he died in a prison camp during the Stalin purges.

While Alexander Yakovlev's death was over half a century before her birth, Panova, 25, has gained a tiny window into his thoughts and life thanks to an aged diary that her ...

 
(MENAFN - AFP) State-owned Chinese energy major Sinopec said 2016 net profit jumped 44 percent, its first annual profit rise in three years, as strong demand and better margins in its downstream refining business helped offset low oil prices.

Sinopec –- a listed unit of China Petrochemical Corp –- saw net profit surge to 46.7 billion yuan ($6.8 billion), it said in a ...

 
(MENAFN - AFP) Wall Street's historic rallies since Donald Trump's election overvalue the president's pledged pro-business tax and regulatory policies, according to a survey of economists released Monday.

But the survey by the National Association for Business Economics also found economists more optimistic about this year's prospects for job growth and fourth-quarter economic ...

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