Skip to content
Join our Newsletter

Automotive

Stellantis warns of $2.7 billion loss for 1st half of 2025 due to tariffs and some big charges

Stellantis warns of $2.7 billion loss for 1st half of 2025 due to tariffs and some big charges

Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros ($2.68 billion) net loss in the first half of the year due to U.S. tariffs and some hefty charges.
Chinese investors snap up stocks on hopes for an end to price wars and overcapacity

Chinese investors snap up stocks on hopes for an end to price wars and overcapacity

BEIJING (AP) — China’s stock market is buzzing over government promises to tackle price wars that have hurt profits and worsened global trade tensions.
Bangladesh's Islamist party projects force with a big rally in Dhaka

Bangladesh's Islamist party projects force with a big rally in Dhaka

DHAKA, Bangladesh (AP) — Hundreds of thousands of supporters of Bangladesh’s largest Islamist party rallied in the capital on Saturday to show their strength ahead of elections expected next year, as the South Asian nation stands a t a crossroads aft
Google kills ad fee implemented in response to digital services tax

Google kills ad fee implemented in response to digital services tax

OTTAWA — Google is eliminating a surcharge on ads it previously implemented in response to Ottawa’s now-defunct digital services tax. A year ago, Google said it would put in place a 2.
Trump’s pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty

Trump’s pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty

HARARE, Zimbabwe (AP) — When U.S. President Donald Trump met five African leaders in Washington this month, his lack of familiarity with the continent was on display.
Open the door to cheaper electric vehicles from Europe, advocates urge

Open the door to cheaper electric vehicles from Europe, advocates urge

TORONTO — The federal government has stopped the world’s cheapest electric vehicles — made in China — from coming into Canada with a 100 per cent tariff, so advocates are pushing to make it easier for automakers to bring in cheaper ones from Europe.
Wall Street cruises to more records as PepsiCo and tech stocks rally

Wall Street cruises to more records as PepsiCo and tech stocks rally

NEW YORK (AP) — Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 climbed 0.5% to top its all-time high set a week ago.
US retail sales bounce around in a whipsaw trade environment

US retail sales bounce around in a whipsaw trade environment

WASHINGTON (AP) — Consumers picked up their spending in June after an earlier pullback , despite anxiety over tariffs and the state of the U.S. economy . Retail sales rose a better-than-expected 0.
Indigenous Wampis are ambushed in Peru after government backs out of anti-mining joint patrol

Indigenous Wampis are ambushed in Peru after government backs out of anti-mining joint patrol

BOGOTA, Colombia (AP) — An attack by armed assailants on a patrol of a mission by the Indigenous Wampis guards last week in the Peruvian Amazon has again brought into focus the issue of illegal gold mining in the ancestral territory .

3 ways Canadians can take control of their finances in an age of economic uncertainty

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Author: Omar H.