Rio Tinto will begin construction of the largest solar power plant in northern Canada on the site of its Diavik diamond mine
Category: Economy
Biden targets China as he touts manufacturing revival at home
Biden restricted US investment in Chinese technology on Wednesday as part of his push to revive American manufacturing
How China is responding to its economic challenges
China on Wednesday reported it had entered deflation for the first time since 2021. Here’s how Beijing is attempting to respond.
Canada port workers accept deal ending shipping chaos
Workers at Canada’s busiest port in Vancouver and at harbours up and down the Pacific Coast have approved a tentative labour deal
Canada jobless rate ticks up to 5.5% in July
It’s clear that the “Bank of Canada’s efforts to rebalance the labour market are working,” a Desjardins analyst said
Adidas books profit as it sells off Kanye inventory
Adidas has endured a period of chaos since October when it ended its lucrative tie-up with rapper Kanye West over his antisemitic outbursts
Decoupling from China ‘an illusion,’ French finance minister says
“There is no possibility of decoupling between the American, European and Chinese economies,” France’s finance minister said Sunday
McDonald’s earnings surge as inflation-squeezed consumers seek value
McDonald’s executives say the chain is attracting “trade down” customers who would normally go to pricier rivals
EU opens anti-trust probe into Microsoft over Teams
The European Commission announced an antitrust probe into Microsoft bundling its Teams app with Office
Tech companies fight ‘software engineer’ regulation
Tech industry is pushing back at Alberta regulator’s efforts to regulate software engineers — including engaging Premier Danielle Smith
