BANGKOK (AP) — Higher tariffs have dealt a “severe blow” to the world economy, China’s premier said Tuesday, even as China’s own trade surplus has surged past $1 trillion. Premier Li Qiang made the remarks at a forum of top international organizations held in Beijing while top Chinese leaders are attending an annual economic planning […]
TORONTO — Air Transat passengers face a second day of uncertainty, as the airline could suspend all flights by the end of the day as it prepares for a possible strike. The Air Line Pilots Association, which represents 750 pilots at Air Transat, issued a 72-hour strike notice over the weekend. Travel company Transat A.T. […]
The world needs a new approach to environmental crises threatening the health of people and the planet by adopting policies to jointly tackle climate change, biodiversity loss, land degradation and pollution, according to a U.N. report released Tuesday. Those issues are inextricably linked and require solutions that include increased spending and financial incentives to transition […]
Shareholders are poised to vote on a plan by Anglo American PLC and Teck Resources Ltd. to join forces to create one of the world’s biggest copper miners. The first meeting is set to take place in London, where a majority of Anglo American shares must be voted in favour of the deal for it […]
TORONTO — Royal LePage is forecasting an uptick in home prices for 2026 as it says the Canadian housing market is primed for a “reset” with more buyers making their move. The real estate firm projects the national aggregate home price will increase one per cent year-over-year to $823,016 in the fourth quarter of 2026. […]
ISLAMABAD (AP) — The International Monetary Fund on Tuesday approved the release of $1.2 billion to Pakistan, giving the cash-strapped country a fresh boost as it works to recover from one of its worst economic crises in years. The IMF in a statement said its executive board completed two reviews of Pakistan’s economic programs, clearing […]
PRAGUE (AP) — Populist billionaire Andrej Babiš was sworn in Tuesday as the Czech Republic’s new prime minister, following October’s parliamentary election, in a return to power for the businessman. Babiš, who was previously prime minister from 2017-2021, promised Czechs that he “will fight for their interests at home and anywhere in the world” and […]
Paramount Skydance’s hostile takeover bid of Warner Bros. Discovery, announced Monday, places CNN and its sister cable networks squarely back into what is likely to be an extended period of management limbo. There was some relief at CNN with last Friday’s announcement that Netflix was buying Warner’s studio and streaming businesses, since the cable network […]
WASHINGTON (AP) — President Donald Trump will road-test his claims that he’s tackling Americans’ affordability woes at a Tuesday rally in Mount Pocono, Pennsylvania — shifting an argument made in Oval Office appearances and social media posts to a campaign-style event. The trip comes as polling consistently shows that public trust in Trump’s economic leadership […]
BANGKOK (AP) — Asian shares mostly fell Tuesday after U.S. stocks pulled away from their record heights, while U.S. futures edged higher. Tokyo’s Nikkei 225 index was the main outlier, gaining 0.1% to 50,655.10. Chinese markets declined as investors watched for news from the Central Economic Work Conference, an annual planning meeting of the ruling […]
