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Business News

World markets advance as tech shares get lift from exemption of US tariffs on electronics

World markets advance as tech shares get lift from exemption of US tariffs on electronics

Apr 14, 2025 / 6:06 am

World markets rallied Monday after U.S. President Donald Trump said electronics such as computer chips, smart phones and laptops won’t face the same U.S....

Meta faces historic antitrust trial that could force it to break off Instagram, WhatsApp

Meta faces historic antitrust trial that could force it to break off Instagram, WhatsApp

United States Apr 14, 2025 / 5:57 am

Meta Platforms Inc. faces a historic antitrust trial beginning Monday that could force the tech giant to break off Instagram and WhatsApp, startups it bought...

Canada's LNG industry set to take flight as interest reignites in Alaska megaproject

Canada's LNG industry set to take flight as interest reignites in Alaska megaproject

Canada Apr 14, 2025 / 1:00 am

Hundreds of kilometres up the Pacific coast from where Canada’s first liquefied natural gas export terminal is set to start up this summer, a monster lays...

Some top tech leaders have embraced Trump. That's created a political divide in Silicon Valley

Some top tech leaders have embraced Trump. That's created a political divide in Silicon Valley

Apr 13, 2025 / 9:28 pm

Like many in the tech industry, Jeremy Lyons used to think of himself as a relatively apolitical guy. The only time he had participated in a demonstration...

Economists expect annual inflation rate to come in at 2.6% for March

Economists expect annual inflation rate to come in at 2.6% for March

Apr 13, 2025 / 6:50 am

Pricing trends are getting pushed all over the place these days by big economic shifts, resulting in what's expected to be another elevated inflation...

As tariffs put trade between China and the US in peril, Chinese businesses ponder the future

As tariffs put trade between China and the US in peril, Chinese businesses ponder the future

Apr 13, 2025 / 6:15 am

When the first two rounds of 10% tariffs hit, Zou Guoqing, a Chinese exporter, groaned but didn't find the barriers insurmountable. He gave up some of his...

Trump administration says it will exclude some electronics from 'reciprocal' tariffs

Trump administration says it will exclude some electronics from 'reciprocal' tariffs

United States Apr 12, 2025 / 8:45 am

The Trump administration late Friday said they would exclude electronics like smartphones and laptops from “reciprocal” tariffs, a move that could...

BMO defends climate efforts as investors push for more disclosure

BMO defends climate efforts as investors push for more disclosure

Apr 11, 2025 / 12:53 pm

The head of BMO defended the bank's climate efforts as it faced shareholder resolutions at its annual general meeting that called for more clarity on its...

US wholesale inflation fell last month but trade war threatens to reverse that trend

US wholesale inflation fell last month but trade war threatens to reverse that trend

United States Apr 11, 2025 / 7:31 am

U.S. wholesale prices fell last month in another sign that inflationary pressures are easing. But President Donald Trump’s trade wars cloud the outlook as...

Meeting on shipping emissions could result in the world's first global carbon tax

Meeting on shipping emissions could result in the world's first global carbon tax

Apr 11, 2025 / 7:05 am

Many of the world's largest shipping nations will decide Friday whether to impose a tax on carbon emissions from ships. If the 174 International Maritime...

S&P/TSX composite up more than 100 points in early trading, U.S. stock markets down

S&P/TSX composite up more than 100 points in early trading, U.S. stock markets down

Canada Apr 11, 2025 / 6:53 am

Strength in base metal stocks helped Canada's main stock index gain more than 100 points in early trading, while U.S. stock markets fell to start the final...

Corus Entertainment reports $55.9M Q2 loss, revenue down 10 per cent from year ago

Corus Entertainment reports $55.9M Q2 loss, revenue down 10 per cent from year ago

Canada Apr 11, 2025 / 6:41 am

Corus Entertainment Inc. reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago. The television and radio broadcaster...

Global shares wobble as US-China trade war escalates

Global shares wobble as US-China trade war escalates

Apr 11, 2025 / 6:38 am

Global shares wobbled Friday after the latest escalation in the China-U.S. trade war, with Japan and some European markets slipping while others stood firm. The...

Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

Canada Apr 11, 2025 / 6:01 am

A new poll suggests 60 per cent of Canadians say they will personally feel the effects of U.S. tariffs — and most believe Canada should fight back. The...

Tariffs could spell end of the line for some smaller Canadian food makers: experts

Tariffs could spell end of the line for some smaller Canadian food makers: experts

Canada Apr 11, 2025 / 5:53 am

As tariffs on Canadian goods and retaliatory levies filter through supply chains, industry insiders say some smaller Canadian food manufacturers may not be able...

China hits back at US and will raise tariffs on American goods from 84% to 125%

China hits back at US and will raise tariffs on American goods from 84% to 125%

China Apr 11, 2025 / 4:35 am

China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world's two...

Duty-free shops see business 'falling off the cliff’ as travellers shun U.S.

Duty-free shops see business 'falling off the cliff’ as travellers shun U.S.

Canada Apr 11, 2025 / 1:00 am

A group of duty-free shop owners says sales are plunging as Canadian travellers steer clear of the U.S. amid anger over tariffs and annexation threats. Frontier...

Hudson's Bay sale now using protocol designed to handle insider bid: document

Hudson's Bay sale now using protocol designed to handle insider bid: document

Apr 10, 2025 / 6:14 pm

A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be...

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

Wall Street Apr 10, 2025 / 4:47 pm

U.S. stocks dove Thursday and surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten...

Apple has few incentives to start making iPhones in U.S., despite Trump's trade war with China

Apple has few incentives to start making iPhones in U.S., despite Trump's trade war with China

Apr 10, 2025 / 1:24 pm

President Donald Trump's administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the...

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