News of a trade deal with China that will see a removal of retaliatory tariffs on some Canadian seafood products is good news for the industry in Nova Scotia, according to one insider. The federal government announced the agreement on Friday morning, saying Canadian lobster and crab will not be subject to 25 per cent […]
TORONTO — Canadian dealmaking activity is expected to pick up this year, driven by nation-building efforts and a stronger business outlook, according to a new survey by KPMG Canada. Thirty-three per cent of business leaders polled indicated plans to make a major acquisition in the next 18 months to capitalize on potential growth opportunities, the […]
WASHINGTON (AP) — An unexpectedly sturdy world economy is likely to shrug off President Donald Trump’s protectionist trade policies this year, thanks partly to a surge of investment in artificial intelligence in North America and Asia, the International Monetary Fund said in a report out Monday. The 191-nation lending organization expects that global growth will […]
MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. announced Monday the discovery of a new natural gas deposit near the disputed South China Sea, which could shield his country from a potential power crisis. The “significant discovery” northwest off Palawan province, close to an existing gas field in waters adjacent to the critical waterway, […]
Ethereum is battle-tested and has successfully stood through the test of time. After navigating through scaling challenges, the first smart contract platform now anchors decentralized finance (DeFi), securing billions. After years of high fees, Ethereum is turning the corner, taking on competing platforms like Solana, attractive because it is very cheap to transact on the […]
Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Carney heading to Switzerland to take part in World Economic Forum Prime Minister Mark Carney heads to Switzerland today for a meeting of the World Economic Forum in the ski resort town of Davos. Carney is set to […]
Statistics Canada is slated to release inflation figures for December today. A Reuters survey of economists has predicted the annual inflation rate to hold steady at 2.2 per cent in December, according to LSEG Data & Analytics. Economists at RBC are among those expecting inflation to remain unchanged in December. RBC also expects overall food […]
MELBOURNE, Australia (AP) — A man and boy were critically injured and another boy had his surfboard bitten during three separate shark attacks in Sydney in just over 24 hours, police said on Monday. A surfer in his 20s was bitten on a leg by a shark off North Steyne Beach on the Pacific Ocean […]
Why is crypto down today? BTC USD drifted to the $92,000 area, and ETH USD got hit harder, now under $3,200. The mood and sentiment changed fast as liquidations broke this year’s record, screens turned red, and we got caught off guard. Close to $800 million in leveraged long bets disappeared as pressure builds. (source […]
MOSCOW (AP) — A Russian court convicted and sentenced an American on charges of illegally transporting weapons, court officials said Monday. The U.S. citizen, identified as Charles Wayne Zimmerman, was handed a 5-year sentence by the court in Russia’s Black Sea resort of Sochi after a rifle was found on his yacht in June. Russian […]