US Business

World greets 2025 after sweltering year of Olympics, turmoil, and Trump

Crowds will marvel at fireworks and toast champagne to greet 2025 on Tuesday, waving goodbye to a year that brought Olympic glory, a dramatic Donald Trump return and turmoil in the Middle East and Ukraine.It is all but certain that 2024 will go down as the hottest year on record, with climate-fuelled disasters wreaking havoc …

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Canadian foreign, finance ministers meet Trump’s team on tariffs

Senior members of Canada’s cabinet held talks Friday with US President-elect Donald Trump’s nominees to lead the departments of commerce and the interior, as Ottawa works to hold off the threat of punishing tariffs. Canada’s newly-appointed Finance Minister Dominic Leblanc and Foreign Minister Melanie Joly met with Howard Lutnick, Trump’s commerce secretary nominee, who will also …

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‘Dangerous new era’: climate change spurs disaster in 2024

From tiny and impoverished Mayotte to oil-rich behemoth Saudi Arabia, prosperous European cities to overcrowded slums in Africa, nowhere was spared the devastating impact of supercharged climate disasters in 2024.This year is the hottest in history, with record-breaking temperatures in the atmosphere and oceans acting like fuel for extreme weather around the world.World Weather Attribution, …

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Canadian foreign, finance ministers to meet Trump team on tariffs

Key members of Canadian Prime Minister Justin Trudeau’s cabinet traveled to Florida on Thursday for talks with representatives of US President-elect Donald Trump, as Ottawa works to avert a potentially devastating trade war.Newly appointed Finance Minister Dominic Leblanc and Foreign Minister Melanie Joly flew to Palm Beach, Florida, “to meet with officials from the incoming …

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Mystery drones won’t interfere with Santa’s work: US tracker

Santa Claus has no need to worry about recent mystery drone sightings over New Jersey, a US Air Force general said Tuesday, as an annual tradition of “tracking” Saint Nick swung into action.General Gregory Guillot’s reassurances came as the joint US-Canadian North American Aerospace Defense Command (NORAD) reported that Santa and his reindeer were making …

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Is he serious? Trump stirs unease with Panama, Greenland ploys

Donald Trump has threatened to seize the Panama Canal, revived calls to buy Greenland and joked about annexing Canada — leaving the world guessing once again whether he is serious or not.By challenging the sovereignty of some of Washington’s closest allies four weeks before he even returns to the Oval Office, the US-president elect has …

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Canada records 50,000 opioid overdose deaths since 2016

Nearly 50,000 people in Canada died of an apparent opioid overdose from January 2016 to June 2024, with fentanyl playing an increasingly prominent role in fatalities, the national health agency said Monday.The prevalence of fentanyl in Canada has drawn additional attention after incoming US president Donald Trump cited the drug as part of his justification …

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Canada’s Trudeau losing support within his party: MPs

Canadian Prime Minister Justin Trudeau’s support within his own party appeared to falter further on Sunday, as former loyalists said growing numbers of Liberal caucus members wanted the premier to resign.  Trudeau has suffered a series of blows in recent days, spurred by the surprise resignation of Deputy Prime Minister Chrystia Freeland, who clashed with …

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