The race to be Canadian Prime Minister Justin Trudeau’s successor kicked off on Tuesday, a day after he resigned amid a looming trade war with the United States and a divisive political climate at home.The country’s new leader is likely to face elections within weeks of taking over from Trudeau in March.With the incumbent Liberal …
There is not a “snowball’s chance in hell” that Canada will merge with the United States, outgoing Prime Minister Justin Trudeau said Tuesday, while his foreign minister added the country will “never back down” from threats by Donald Trump.The comments from Trudeau and Foreign Minister Melanie Joly followed the US President-elect’s statement at a news …
‘Snowball’s chance in hell’ Canada will merge with US: Trudeau Read More »
Global stock markets mostly moved higher on Tuesday, with tech and tariffs in the spotlight.Traders were still assessing the tariff plans of incoming US president Donald Trump following a report he may take a more targeted approach than previous stated.”After a sluggish December, US stocks have kicked off the year in style, with tech and semiconductors stealing …
Microsoft CEO Satya Nadella on Tuesday said the company plans to invest $3 billion in India on artificial intelligence (AI) and cloud infrastructure over the next two years. The world’s most populous country has become a key AI battleground in the last few years, as US tech giants look to find new users for their services …
Microsoft announces $3 bn AI investment in India Read More »
Fans and players will get a taste of what the 2034 World Cup in Saudi Arabia will be like when the kingdom hosts the Asian Cup, with officials announcing Tuesday dates and stadiums for the regional showpiece.Saudi Arabia was in December controversially awarded the World Cup but first it hosts the Asian Cup in 2027.The …
Taste of 2034 World Cup as Saudi Asian Cup stadiums named Read More »
Most markets rose in Asia on Tuesday following another rally on Wall Street sparked by tech giants as traders try to assess Donald Trump’s tariff plans following a report he may take a more targeted approach.Eyes were also on the release of closely watched US jobs data at the end of the week after the …
Asian markets mostly up after tech-fuelled Wall St rally Read More »
US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever, days after President Joe Biden blocked Nippon Steel’s takeover of US Steel.Business groups say the move could have a chilling effect on Japan’s standing as the biggest foreign investor in the United States, …
Blinken says US-Japan ties solid despite rift over steel deal Read More »
Nippon Steel and US Steel filed suit Monday over US President Joe Biden’s decision to block the Japanese giant’s proposed acquisition of its American rival, accusing his administration of “illegal interference” in the huge transaction.The companies said in a statement that they had initiated legal action in the US court of appeals in Washington challenging …
US Steel and Nippon Steel sue over Biden’s decision to block merger Read More »
US and European markets mostly rose Monday following a report — strongly denied by US President-elect Donald Trump — that his incoming administration was mulling applying tariffs more selectively than he had previously suggested.While the Dow fell on Wall Street, both the S&P 500 and the Nasdaq Composite closed higher, as investors plowed money into the semiconductor …
US, European markets mostly rise as Trump tariff plans in question Read More »
Canada’s Prime Minister Justin Trudeau announced his resignation Monday, saying he would leave office as soon as his party chooses a new leader, with slumping polls and internal division taking their toll.After more than nine years in power, Trudeau’s support within the ruling Liberal party began crumbling in 2024 due to intensifying public criticism focused …
Trudeau to resign as Canada PM, ruling party to choose new leader Read More »
