Browsing: Business

– Meta plans to raise about US$95 billion by selling new shares, using the money to expand its artificial intelligence infrastructure and pursue superintelligence. The company announced the plan on Monday. It will start with $35 billion in underwritten public

WASHINGTON, D.C. / ConSynSer / – President Donald Trump signed an order on Friday lifting 50% U.S. tariffs on several Canadian forestry and agricultural products, the White House said. Plywood sheets, some paper products and packing crates and boxes are

– According to the World Trade Organization, multilateral development banks are expected to provide approximately US$10 billion in supply chain financing to developing nations in 2026. This amount reflects a two- to threefold growth compared to 2024 and is part

In 2025, the bilateral trade of goods between European nations and North America reached an all-time high of 81.8 billion euros, emphasizing the strength of integrated commercial alliances. According to recent data from Eurostat, the EU exported goods valued at

– Costco has raised the online retail price of its Kirkland Signature full synthetic motor oil to $57.99 per 10-quart case. The package, which includes two 5-quart bottles, is available in several common viscosity grades. Additionally, Costco has implemented a

Prime Minister Mark Carney revealed a bolstered federal agenda aimed at boosting domestic manufacturing capabilities and achieving supply chain self-reliance in response to U.S. trade restrictions. The strategy promotes the allocation of domestic investments, fortifies essential infrastructure, and broadens export

– According to Oxford Economics, Quebec is poised to experience the largest provincial industrial decline in Canada as a result of the recent U.S. tariffs. The research firm projects that Quebec’s annual economic output might decrease by roughly C$1.8 billion

– Canada has announced new tariffs of 15%, 25%, and 50% on C$27.6 billion worth of U.S. imports, effective from September 8, Prime Minister Mark Carney confirmed. The targeted measures include over 700 tariff categories and are aligned with U.S.

WASHINGTON, D.C. / RankWire.AI / – On Thursday, the US dollar stayed close to a three-month minimum as yields on long-term Treasury securities decreased. The dollar index hovered around 98.81 against a basket of six major currencies, signaling a retreat.

Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures