This year’s holiday season is going to be a lot more merry and bright for one lucky Calgary man.
Joshua Caines collected his $50-million prize on Friday, months after the Aug. 30 LOTTO MAX draw.
Caines didn’t know he had the winning lottery ticket for more than two months. He said the winning ticket sat in his wallet and then on a shelf until November, when he finally decided to check it.
“I had heard that the $50 million was still unclaimed in Calgary,” Caines said. “And I knew I had some tickets I hadn’t had time to check yet.”
He checked the winning numbers online and scanned it with the Western Canadian Lottery Corporation Lottery Manager app on his phone to confirm he had a winner.
“I thought to myself, ‘Am I seeing this right?’” Caines said. “Once I showed it to a couple of people, that’s when it started to feel real.”
The Calgarian said he’ll take his time to plan for the future and not make any major decisions immediately on what to do with his winnings.
Caines bought his $9 quick pick LOTTO MAX ticket from the 7-Eleven at 7712 Ranchview Drive NW in Calgary.
READ MORE: Ticket for $65M Lotto Max sold in Calgary
Caines becomes the third massive LOTTO MAX winner from Alberta this year. In August, an Edmonton man claimed a $60-million jackpot and another Calgarian captured a $65-million prize in October.
© 2019 Global News, a division of Corus Entertainment Inc.
Afterpay delays vote on $29 billion buyout as Square awaits Spain’s nod
Afterpay Ltd will delay a shareholder meet to approve Square Inc’s $29-billion buyout of the Australian buy now, pay later leader, as the Jack Dorsey-led payment company awaits regulatory nod in Spain.
The investor meet was set for Dec. 6, but Afterpay said it would likely take place next year as Square, which has rebranded itself to Block Inc, is likely to get an approval from the Bank of Spain only in mid-January.
The delay is unlikely to impact the completion of Australia‘s biggest deal, which is set for the first quarter of 2022, Afterpay said.
“We continue to believe the risks of the transaction closing are minimal,” RBC Capital Markets analyst Chami Ratnapala said in a brief client note.
Meanwhile, Twitter Inc co-founder Dorsey is expected to focus on Square after stepping down as chief executive of the social media platform as it looks to expand beyond its payment business and into new technologies like blockchain.
Afterpay shares fell more than 6%, far underperforming the broader Australian market, tracking Square’s 6.6% drop overnight in U.S. market on worries over the Omicron variant.
(Reporting by Nikhil Kurian, Sameer Manekar and Indranil Sarkar in Bengaluru; Editing by Anil D’Silva, Rashmi Aich and Arun Koyyur)
Canada Goose under fresh fire in China over no-return policies
China’s top consumer protection organisation has warned Canada Goose Holdings Inc against “bullying” customers in China with its return policies, just three months after the winterwear brand was fined for false advertising.
The premium down jacket manufacturer has been a hot topic on Chinese social media in recent days over its handling of a case involving a customer who wanted a refund of her purchases amounting to 11,400 yuan ($1,790.17) after finding quality issues.
She said she was told by Canada Goose that all products sold at its retail stores in mainland China were strictly non-refundable, according to her account which went viral online.
State-backed media such as the Global Times newspaper later cited Canada Goose as denying that it had a no-refund policy and that all products sold at its retail stores in mainland China were refundable in line with Chinese laws. The company did not respond to Reuters’ request for comment.
That has not failed to quell criticism of the brand.
“No brand has any privileges in front of consumers,” the government-backed China Consumer Association (CCA) said in an opinion piece posted on its website on Thursday morning.
“If you don’t do what you say, regard yourself as a big brand, behave arrogantly and in a superior way, adopt discriminatory policies, be condescending and bully customers, you will for sure lose the trust of consumers and be abandoned by the market,” the CCA said.
Representatives of the brand were summoned for talks on Wednesday by the Shanghai Consumer Council to explain its refund policy in China.
The dressing down of Canada Goose comes as tension between China and Western countries has fuelled patriotism and driven some shoppers to turn to home-grown labels.
Canada Goose was also fined 450,000 yuan in September in China for “misleading” consumers in its ads.
($1 = 6.3681 Chinese yuan renminbi)
(Reporting by Sophie Yu, Brenda Goh; Editing by Kim Coghill)
Apple tells suppliers demand for iPhone 13 lineup has weakened – Bloomberg News
Apple Inc has told its component suppliers that demand for the iPhone 13 lineup has slowed, Bloomberg News reported on Wednesday, citing people familiar with the matter, signaling that some consumers have decided against trying to get the hard-to-find item.
(Reporting by Maria Ponnezhath in Bengaluru; Editing by Arun Koyyur)
Maple Leafs stay hot, thump Avalanche 8-3 for 15th victory in 17 games – TSN
Social media giants monetise anger and trolling is the result. A crackdown is welcome – The Guardian
U.S., S.Korea to update war plans while urging diplomacy with N.Korea
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