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News
Benin bets on turning its cotton crop into clothes at home
8+ hour, 17+ min ago (920+ words) The founder of DAF Collection said that the tag means her country is trying to take full advantage of the abundant raw material produced in Benin. For her, there is also the opportunity to support more women in her community…...
OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable"
9+ hour, 10+ min ago (518+ words) LOS ANGELES, Sept 12 (Reuters) - OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published on Saturday, citing safety concerns over artificial intelligence that render "unacceptable" even a 10% risk that AI could cause human extinction by decade's…...
CIBC commits $2B in funding for small- and medium-sized defence-related firms
2+ day, 15+ hour ago (124+ words) TORONTO — CIBC says it is committing $2 billion to support small- and medium-sized businesses in the defence industry and those with dual uses in the civilian sector. The lender says the funding is intended to help Canadian companies scale and strengthen…...
Ontario expands tariff support program eligibility in response to new U.S. actions
2+ day, 23+ hour ago (348+ words) TORONTO — Businesses affected by a new round of American tariffs and bans set to take effect later this month will be eligible for Ontario's support programs, Premier Doug Ford announced Thursday. U.S. President Donald Trump has announced that in response…...
The Latest on the escalating trade war between Canada and the United States
2+ day, 18+ hour ago (664+ words) OTTAWA — Canadian politicians are pushing back on U.S. President Donald Trump's executive orders limiting Canadian businesses' access to procurement contracts and deploying a new set of tariffs. The five new orders, which will take effect Sept. 29, will completely bar imports…...
$27.6B in Canada-U.S. retaliatory tariffs now in effect — what it means for prices, mortgages and your budget
2+ day, 20+ hour ago (581+ words) U.S. Trade Representative Jamieson Greer says it's "a little unhinged" for Canadian leaders to call the country's tariff fight with Washington a war. "For us, it's business, it's economics," he told the Financial Times, pushing back on Prime Minister Mark Carney's…...
Carney's cabinet huddles in Banff as trade war intensifies
2+ day, 20+ hour ago (318+ words) BANFF — As President Donald Trump's trade war intensifies, Prime Minister Mark Carney's cabinet is gathering for two days of closed-door meetings in the mountain resort town of Banff, Alta. Trump lashed out again Tuesday by signing executive orders to ban…...
Huawei Lifted Prices for Its Best AI Chip By 60% This Summer
3+ day, 4+ hour ago (274+ words) (Bloomberg) -- Huawei Technologies Co. has notified some clients that it's significantly increasing the prices of its most advanced AI accelerators, reflecting how demand is rapidly outstripping supply during the data center boom. Apple to Unveil $2,000 Foldable iPhone Duo at High-Stakes…...
Quebec party leaders talk tariffs, sovereignty in TV interviews
3+ day, 8+ hour ago (916+ words) MONTREAL — The trade war with the United States and Quebec sovereignty took centre stage as leaders of Quebec's five main parties appeared in back-to-back interviews on prime time television Wednesday evening. The agora of the legislature in Quebec City was…...
Asian shares fall and oil prices trade above $100 a barrel
3+ day, 6+ hour ago (645+ words) U.S. futures were modestly higher. The price of Brent crude jumped 3.4% on Wednesday, surging above $100 a barrel for the first time since July. It shed 0.8% to $100.39 early Thursday. U.S. benchmark crude lost 0.6% to $95.52 a barrel. The latest attacks between the U.S. and Iran…...