International

In one of history’s little-known ironies, the Maple Leaf country pushing back against Donald Trump’s annexation bid is also host to a tiny, remote restaurant and brothel that helped launch the U.S. president’s family fortune more than 100 years ago.

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.

India’s dollar stockpile had its biggest weekly gain in over three years, bolstered by the Reserve Bank of India’s currency swap operations last month.

U.S. President Donald Trump is turning to a favourite target — European producers of alcoholic drinks — in the latest escalation of a global trade war.

U.S. President Donald Trump on Thursday threatened to slap a 200 per cent tariff on all wines and other alcoholic products coming out of Europe if the European Union does not scrap its planned tax on American whiskey.

Nearly two months after the viral success of China’s DeepSeek prompted a reckoning for tech companies, leading AI firms are embracing a new approach.

France and its partners, such as the European Union, will not yield to U.S. tariff threats and France will protect its industries, said French trade minister Laurent Saint Martin on Thursday.

Canada’s biggest auto parts names are buckling under the weight of U.S. President Donald Trump’s tariff threats as the chances the North American car manufacturing industry will stall grow. That’s sending stock prices hurtling back down toward levels last seen during the Covid-19 pandemic.

U.S. Commerce Secretary Howard Lutnick praised the U.K. and Mexico for refraining from engaging in tit-for-tat tariff hikes with the U.S., warning that those trading partners that upset U.S. President Donald Trump with their responses to American protectionist steps open themselves to a severe reaction.

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.

U.S. equities are pricing in a recession risk much bigger than credit markets, leaving room for a positive surprise, according to JPMorgan Chase & Co. strategists.

More pain is on tap for craft breweries, homebuilders and manufacturers as U.S. tariffs on imported aluminum — and the counter-levies Canada is lobbing back — drive up costs.

The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from U.S. President Donald Trump’s tariff barrage.

For years, Canadians from southern Ontario have made the short drive across the border to Buffalo, New York, to load up on cheap milk and shop at retailers like Target and Trader Joe’s that they don’t have access to at home.

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.