News
Nvidia invests US$2 billion in CoreWeave, expands partnership
1+ hour, 48+ min ago (185+ words) Nvidia has invested US$2 billion in CoreWeave at a purchase price of $87.20 per share, the companies said on Monday, as they expand their partnership to boost CoreWeave's data center build out ambitions. Shares of CoreWeave jumped nearly 10 per cent in…...
‘Shift in drinking habits’: Here’s how Sask. breweries are adapting to consumer behaviour
23+ hour, 24+ min ago (771+ words) Canada's craft brewing industry is juggling the pressures of inflation, U.S. tariffs on aluminum and declining alcohol consumption. Business has recently felt slower at Better Brother Brewing, which opened its doors in Saskatoon in 2020. The brewery says that slowdown reflects broader…...
Carney insists Canada has ‘no intention’ of seeking free trade deal with China
1+ day, 12+ hour ago (768+ words) Prime Minister Mark Carney insists Canada is not seeking a free trade deal with China, just one day after U.S. President Donald Trump threatened a 100 per cent tariff on Canadian goods, if it were to pursue one. "We have no intention…...
Trump says Canada is against Golden Dome in Greenland
2+ day, 12+ hour ago (1765+ words) Canadian-U.S. relations remain in the spotlight Friday after U.S. President Donald Trump withdrew Canada's invitation to his Board of Peace. Meanwhile, Prime Minister Carney is in Quebec City for a cabinet meeting following a public rebuke of U.S. rhetoric. Here are key…...
U.S. firm investing in Canada’s tech talent to build next generation of AI companies
2+ day, 21+ hour ago (350+ words) A U.S.-based venture capital firm with a studio in Toronto says it will tap into Canada's "massive pool of artificial intelligence talent" to help build it's next generation of AI companies. Forum Ventures launched the Toronto studio in 2023 and plans…...
Silver hits record high above US$100/oz as gold closes in on $5,000 milestone
2+ day, 23+ hour ago (391+ words) Silver prices rose above US$100 an ounce for the first time ever on Friday, while gold hit another record en-route to $5,000/oz as investors pile into safe-haven assets amid geopolitical turmoil and on expectations for U.S. interest rate cuts. Spot silver…...
The Daily Chase: World leaders push back on Carney’s view
3+ day, 1+ hour ago (725+ words) Here are five things you need to know this morning. The Daily Chase: World leaders push back on Carney's view Here are five things you need to know this morning World leaders push back on Carney's view: Prime Minister Mark…...
Is the world order rupturing? How global finance chiefs are reacting to Carney’s Davos message
3+ day, 1+ hour ago (452+ words) DAVOS, Switzerland -- The world order is changing but not enduring a rupture, finance leaders said on Friday, pushing back on Prime Minister Mark Carney's narrative that a new order, driven by major power coercion, was taking shape. In his speech…...
Buy Canadian movement at grocers could ramp up again during trade talks
3+ day, 3+ hour ago (650+ words) Some shoppers may no longer check labels at the grocery store so intently to see which products have Canadian ties as the buy Canadian movement that swept the country has waned. About a year since the fresh wave of patriotism…...
Intel shares tumble as supply chain snarls hamper turnaround
3+ day, 4+ hour ago (367+ words) Intel's shares plunged 12 per cent on Friday after the company struggled to meet strong AI demand for data-centre chips due to supply constraints, disappointing investors betting on its turnaround. After years of sitting out the artificial intelligence boom that turned…...