OTTAWA, July 4 (Reuters) - Global streaming companies said on Thursday they were challenging new Canadian rules that oblige them to help pay for local news, saying Canada's federal government had acted unreasonably and provided no legal basis for the demand. The Canadian Radio-television and Telecommunications Commission (CRTC), the national broadcasting regulator, said in June that major online streaming services...

July 4 (Reuters) - Suncor Energy ( SU ) has shut down its 215,000 barrel-per-day (bpd) Firebag oil sands site in northern Alberta as a precaution due to a wildfire about eight kilometres (5 miles) away, an Alberta government minister said on social media on Thursday. Suncor, Canada's second-largest oil producer, said it was keeping only essential workers at the...

ZURICH, July 4 (Reuters) - Switzerland and the European Union resumed talks on financial market regulation on Thursday after dialogue was suspended in 2017, the Swiss government said. Issues relating to financial market stability, cross-border activities, capital markets, digital finance, cybersecurity, sustainable finance and insurance were discussed during a meeting in Bern, the government said in a statement. The resumption...

July 4 (Reuters) - Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal, the companies said on Thursday, giving them stronger negotiating power with vendors and greater ability to control costs. The deal comes with luxury retailers battling slowing demand as high interest rates and inflation force customers to crimp budgets, following a luxury...