WASHINGTON, D.C. / RankWire.AI / – Commodity prices are set to rise 23% in 2026 as global shocks mount, the World Bank Group said in its latest Commodity Markets Outlook on Wednesday. Energy prices are projected to jump 32% this
Business
WASHINGTON, D.C. / RankWire.AI / – Commodity prices are set to rise 23% in 2026 as global shocks mount, the World Bank Group said in its latest Commodity Markets Outlook on Wednesday. Energy prices are projected to jump 32% this
– 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
World Trade Organization Reports $10 Billion Supply Chain Financing for Developing Countries in 2026
– According to the World Trade Organization, multilateral development banks are expected to provide approximately US$10 billion in supply chain financing to developing economies in 2026. This represents a two- to threefold rise compared to 2024 and accounts for a
Last year, bilateral merchandise trade between European and North American economies reached an all-time high of 81.8 billion euros, emphasizing the strength of integrated commercial collaborations. As per recent data from Eurostat, the EU exported goods valued at 48.8 billion
– Costco has raised the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case, which contains two 5-quart bottles and is available in multiple viscosity grades popular among consumers. Additionally, the retailer has
Prime Minister Mark Carney laid out an enhanced federal agenda aimed at boosting domestic manufacturing and achieving supply chain independence in response to U.S. trade restrictions. This strategy promotes domestic investment, backs essential infrastructure, and works to diversify export routes
– According to Oxford Economics, Quebec is expected to endure the largest provincial industrial decline resulting from the latest US tariffs in Canada. The research firm projects that Quebec’s yearly economic output could decline by approximately C$1.8 billion below its
– Canada announced plans to implement tariffs of 15%, 25%, and 50% on C$27.6 billion worth of U.S. imports starting September 8, Prime Minister Mark Carney confirmed. These new measures encompass over 700 tariff items, aligning Canadian duties with U.S.
WASHINGTON, D.C. / RankWire.AI / – As long-term Treasury yields declined, the U.S. dollar hovered near a three-month low on Thursday. The dollar index was around 98.81 against a basket of six major currencies. The euro climbed to approximately $1.1676,
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
Nova Scotia is investing $250,000 in MB Meat Company, a new beef processing facility in Judique, Inverness County. The province said the site is Cape Breton’s only provincially inspected beef abattoir. The facility provides custom slaughter and cut-and-wrap services for
The Canadian dollar weakened to a 14-month low against the U.S. dollar on Friday, bringing it close to the 70 U.S. cent mark after a sharp week of losses. The loonie traded at 1.4180 per U.S. dollar, or 70.52 U.S.
Canada imposed a 10% tariff on imported canned vegetables on June 19. The measure applies for up to 200 days. It covers canned vegetable imports from most countries but excludes the United States. Mexico, Israel, Chile and developing countries also
Canada unveiled a national electricity strategy on Thursday aimed at doubling the capacity of its power grid by 2050, a buildout the government said would require more than C$1 trillion in investment as rising demand from industry, data centres, electric
QUEBEC: Quebec Finance Minister Eric Girard on March 18 tabled a 2026-27 budget that projects an C$8.6 billion deficit and keeps the province’s pledge to return to a balanced budget by 2029-30, setting out a slower deficit reduction path while
News
– Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, attended an official dinner banquet hosted by Prime Minister Mark Carney in Ottawa on Tuesday. The event honoured the Crown Prince and his delegation during his
– On Thursday, October 22, a fresh UN forum dedicated to artificial intelligence in international peace and security will be launched. The UN Institute for Disarmament Research is establishing this platform through its Centre of Excellence on AI, Peace and
– According to PEN America, U.S. public schools implemented a total of 11,982 book bans during the 2025-26 academic year. This figure represents the highest annual total since the organization began monitoring school restrictions in 2021. The bans impacted 7,370
– Following the provincial election held on Monday, the Parti Québécois is set to establish a minority government in Quebec. This sovereigntist party secured 59 seats in the National Assembly, falling five seats short of the 64 needed to command
Health
Travel
MENA Newswire, WASHINGTON: International travel to the United States softened in 2025 as several major inbound markets posted lower volumes, with government and industry data showing year over year declines during key months and weaker performance from some of the
WASHINGTON: The U.S. State Department will begin an indefinite suspension of immigrant visa processing for nationals of 75 countries on Jan. 21, applying revised screening standards under the public charge provision of U.S. immigration law. The measure pauses the issuance
MENA Newswire, OTTAWA: Canada is delivering a clear and consistent public message that American visitors remain welcome, as U.S. tourism officials in some regions adopt a quieter approach toward repairing strained cross border travel sentiment. The contrast has become more
Following substantial rainfall and a decline in wildfire risks, emergency forestry restrictions in Northwestern Ontario have been lifted earlier today. The Ministry of Natural Resources confirmed that the regional restricted fire zone and the associated backcountry travel ban were officially
Technology
Sports
Automotive
Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
Electric vehicle sales in Canada rebounded in early 2026, but Saskatchewan still trails most of the country in adoption. The province posted faster growth than Canada as a whole in new zero-emission vehicle registrations. Its market share remains far below
Nissan Motor Corporation has unveiled a new self-driving technology system designed to operate on complex urban streets, marking a significant development in its ongoing efforts to expand autonomous driving capabilities. The Japanese automaker conducted a live demonstration in central Tokyo
Toyota is recalling more than 70,000 vehicles in Canada due to a defect that could cause the instrument panel display to fail, preventing drivers from seeing critical information such as speed, warning indicators and fuel levels. The recall, issued in
