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The chief executive of one of Canada’s largest steel producers says it is in discussions with federal and provincial leaders to determine what forms of government support might be available to help offset the Trump administration’s tariffs.
CIBC president and chief executive Victor Dodig will retire this fall, leaving behind a bank stronger than the one he inherited, when he took on the post.
The Ontario Municipal Employees Retirement System hired Alexander Fraser, a former partner of a Temasek-backed fund, as the global head of its private equity arm.
Cohere Inc. says it has released a new enterprise generative artificial intelligence model that is “on par or better than” GPT-4o and DeepSeek-V3.
AtkinsRéalis Group Inc. reported its fourth-quarter profit fell compared with a year ago as it announced the sale of its remaining stake in Highway 407 ETR toll.
Empire Co. Ltd. says it earned a third-quarter profit of $146.1 million as its sales rose during the period.
Starlink signed an agreement with India’s top telecom operator to bring the U.S. satellite internet giant’s services to the world’s most populous country.
Travel company Transat A.T. Inc. reported a first-quarter net loss of $122.5 million, compared with a loss of $61 million in the same quarter last year.
Algoma Steel Group Inc. reported a net loss of $66.5 million in its third and final quarter last year, compared with a loss of $84.8 million a year earlier.
There have been few winning strategies to seek refuge in as the stock rout sparked by President Donald Trump’s start-stop tariff war drags on for a third week. One, though, is soaring right now: a pair trade that bets on stocks that thrives in an economy sinking into stagflation.
The average American workday now concludes at 4:39 p.m., a notable 42 minutes earlier than it did just two years ago when the clock-out time hovered around 5:21 p.m, according to the latest data from the workforce analytics and productivity software company ActivTrak.
The U.S. Federal Trade Commission is moving ahead with a sprawling antitrust probe of Microsoft opened in the waning days of the Biden administration.
A consortium consisting of Warburg Pincus and KKR & Co. are in talks to acquire Gerresheimer AG, the German maker of packaging for drugs and cosmetics.
Mallinckrodt Pharmaceuticals and Endo Inc. are exploring a potential merger that could be valued at about US$7 billion.
US egg prices once again surged in February’s closely watched inflation report amid a shortage caused by bird flu, but there are signs that dropping demand is bringing some relief.
Cobalt prices are soaring as a surprise export ban from the world’s largest producing country fuels mounting uncertainty along the supply chain.
