7 h. ago Temasek Divestments Hit Record, Portfolio Grows to $339 Billion

Singapore state-owned investor Temasek Holdings Pte reported divestments worth S$42 billion ($33 billion) for its last fiscal year — its largest annual disposal on record — while the firm’s net portfolio value also hit a new high.

Economics

27 h. ago China June Car Sales Hit Record for the Month on Subsidy Boost

June is typically a slow period for car sales in China as the warmer weather kicks in but last month bucked that trend, with buyers seeking to take advantage of a government trade-in subsidy before it was suspended in key cities pushing transactions to a record.

Sport

4 d. ago These Ontario beaches are like a Caribbean getaway right in your backyard

Ontario isn't exactly a destination for tropical beaches, but if you search close enough, there are a few locations in the province that can (almost) make you feel like you've been transported to far-off vacation getaways.Tropical escapes sound far-fetched for a part of the world known for harsh winters, but it's true. In fact, just a few hours outside of Toronto, you can find picturesque beaches that boast serene views of crystal-blue waters and offer warm sandy landscapes that rival some destinations down south.The best part is that you only need three things: transportation, your swimsuit, and probably some sunscreen.So, if you're looking for a staycation getaway but don't want to stray far from home, consider some of these beaches for your next summer adventure. Port Dover Perhaps the most tropical of them all, the beachfront in Port Dover appears to have been imported straight from a Caribbean island. That's&n...

Transport

4 d. ago Canada’s manufacturers suffer largest drop in output since the pandemic as tariffs roil sector

Jobs cuts continue as a measure of the state of manufacturing records fifth straight month of contracting activity

Economics

6 d. ago Microsoft lays off 9K workers, biggest cut in more than 2 years

The tech giant began sending out layoff notices Wednesday that hit the company's Xbox video game business and other divisions, with about 9,000 people being laid off.

Society

6 d. ago Bombardier Shares Hit Highest Since 2018 on $1.7 Billion Airplane Order

Bombardier Inc. shares soared to the highest level in seven years after the Quebec-based private jet-maker announced a $1.7 billion aircraft order with an anonymous client.

Events

9 d. ago Dealmakers Hit $1.8 Trillion as They Get Used to Trade Chaos

Big money takeovers of private companies helped drive mergers and acquisitions in the first half, as dealmakers got comfortable writing sizable checks in topsy-turvy markets.

Economics

1 week ago Stocks Hit Record as Fed Cut Bets Gain Momentum: Markets Wrap

Asian stocks were set to advance after a gauge of global equities touched a record high Thursday on calming geopolitical concerns and increased expectations for Federal Reserve rate cuts this year.

Economics

2 w. ago Carney says Canada can hit new $150 billion NATO bill with mines

Can lean on the country’s bounty of critical minerals to meet spending obligation which is likely to rise to 5%

Economics

3 w. ago Port of LA imports drop 19% in May as tariffs hit U.S. businesses

Exports through Los Angeles fell to just over 120,000 containers, marking the sixth straight month of year-on-year declines

Economics

3 w. ago Roots not seeing ‘pullback’ in consumer spending as retailer reports $7.9M Q1 loss

TORONTO — Consumers grappling with a global tariff war have yet to drop Roots Corp. from their shopping trips, the apparel retailer’s CEO said Friday, as the company reported a $7.9 million loss. “We haven’t seen any weakening and no pullback,” Meghan Roach told analysts who asked her whether consumer confidence has been lagging or […]

Economics

4 w. ago EU Proposes Cutting Oil Price Cap to $45 to Hit Russian Revenue

The European Union proposed banning the Nord Stream pipelines and cutting the Group of Seven oil price cap to $45 as part of a new sanctions package that aims to increase pressure on Moscow to end its war against Ukraine.

Economics

last month Tesla hit with a pair of downgrades amid fallout from Trump feud

(Bloomberg) — Tesla Inc. was hit with a pair of downgrades on Monday, underscoring mounting concerns on Wall Street about the electric-vehicle maker’s outlook following last week’s clash between Chief Executive Elon Musk and President Donald Trump. Both Argus Research and Baird cut the stock to the equivalent of hold ratings, cementing Tesla’s reputation as […]

Other

last month Canada Plans to Hike Defense Spending to Hit NATO Target, Globe Says

Prime Minister Mark Carney is set to announce a large increase in defense spending which would allow Canada to meet NATO’s target this fiscal year, according to The Globe and Mail.

Events