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(MENAFN - AFP) Prince William on Thursday paid tribute to a generation lost at the Battle of the Somme, 100 years after the deadliest battle in British history.

"We lost the flower of a generation and in the years to come it sometimes seemed that with them a sense of vital optimism had disappeared for ever from British life," William said at a ceremony in northern France.

"It ...

 
(MENAFN - AFP) Canada's health minister said Thursday that the government has formed a special task force to propose ways to regulate sales of recreational marijuana ahead of legalization in 2017.

The group includes a former attorney general of Canada, an expert in pain management and cannabis therapeutics, a drug policy researcher, a law professor and a handful of ex-cops, ...

 
(MENAFN - AFP) Mexico's central bank raised its key interest rate by half a point to contain inflation and shore up the peso after its battering following Britain's decision to leave the European Union.

Facing the prospect of "sluggish" global growth in the second half of 2016, the bank decided to "increase the interbank base rate by 50 points to a level of 4.25 percent," ...

 
(MENAFN - AFP) Apple is exploring the purchase of rival music streaming service Tidal, which is run by rap star Jay-Z, the Wall Street Journal reported.

The paper said Apple is interested in using the company to beef-up its own year-old steaming service Apple Music.

Talks between the companies are ongoing and might not result in a tie-up, the Journal said, citing unnamed ...

 
(MENAFN - AFP) Japan was clobbered with a one-two punch Friday morning as weak data and a lacklustre business confidence report underscored the slowdown dragging on the world's number three economy.

The poor readings will heap pressure on policymakers to unveil more stimulus, after the yen surged again in the wake of Britain's shock vote last week to quit the European Union, ...

 
(MENAFN - AFP) An attorney for Volkswagen on Thursday told a US judge that the carmaker thinks it can fix larger diesel vehicles involved in a costly emissions-cheating scandal.

Bringing its VW, Porsche, and Audi vehicles with 3-liter engines in line with air quality promises could spare the automaker from having to buy them back.

"The company believes it can fix the ...

 
(MENAFN - AFP) Spanish energy giant Abengoa, struggling under a debt pile of nearly nine billion euros, said late Thursday it had reached a preliminary debt restructuring deal with banks and bondholders.

A Spanish bankruptcy court in March gave the Seville-based company, one of the world's biggest renewable energy firms, until October 28 to finalise its restructuring plan ...

 
(MENAFN - AFP) Tesla said Thursday a driver was killed while using its "autopilot" self-driving mechanism on its Model S electric car, leading to a federal safety investigation.

Tesla said the National Highway Traffic Safety Administration (NHTSA) had opened a "preliminary evaluation" into the performance of Autopilot after the electric car company notified the agency of ...

 
(MENAFN - AFP) Google's newest mobile operating system will be called Nougat, continuing a tradition of naming Android software after sweet treats, the tech giant said Thursday.

Google had invited people to send in suggestions at its annual developers conference in May, and revealed the winning Android name at a playful ceremony at its campus in the Silicon Valley city of ...

 
(MENAFN - AFP) US chocolate candy maker Hershey said it had rejected a $23 billion takeover bid from snack-food giant Mondelez, whose brands include Cadbury chocolate bars and Lu cookies.

A combination of the two US companies would surpass Mars as the leader in the global candy sector, according to Euromonitor.

It would also jump far ahead of food companies Nestle and ...

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