Company News

Over a frantic 72 hours, U.S. President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.

The website of the Chinese artificial intelligence company DeepSeek, whose chatbot became the most downloaded app in the United States, has computer code that could send some user login information to a Chinese state-owned telecommunications company that has been barred from operating in the United States, security researchers say.

Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu as the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.

Uber Technologies Inc. reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth. Shares declined in premarket trading on Wednesday.

Brookfield Capital Partners (UK) Ltd. entered the bidding frenzy for Insignia Financial Ltd., joining Bain Capital and CC Capital Partners with an offer for the Australian wealth management firm.

The number of video game companies operating in Canada dropped nine per cent in the wake of a pandemic-fuelled gaming boom, most of them smaller independent shops with fewer than 25 employees, according to an economic report on the industry.

Advanced Micro Devices Inc. reported disappointing results for its data center division, signaling that it’s not making gains on Nvidia Corp. in the market for artificial intelligence computing.

Google parent Alphabet Inc. posted fourth-quarter revenue that missed analysts’ expectations as growth in its cloud business slowed. The shares fell more than 8%. 

A B.C. Supreme Court judge has barred WestJet from telling travellers their reimbursement for meals and accommodations is capped.

International Business Machines Corp. gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business.

Snapchat owner Snap Inc. reported a stronger-than-expected gain in fourth-quarter revenue and gave an upbeat forecast for the current period, a sign that an overhaul of its advertising business is paying off. The shares soared on the news.

A last-minute deal to head off a trade war between the US and Canada has given investors a temporary reprieve, but Canadian leaders are warning about the high-stakes negotiations ahead.

Independent investment-banking firm Infor Financial Group Inc. hired longtime Calgary banker Greg Saksida as a principal at what it believes could be a turning point for Canada’s energy industry.

The head of Toronto Stock Exchange (TSX) owner TMX Group Ltd. says that conditions are favourable for companies looking to raise public money in Canada, despite low business confidence and economic uncertainty.

A group with the backing of top Canadian tech entrepreneurs has launched an effort to promote policies ahead of a general election this year.