Business

What to know about the annual World Economic Forum meeting in Davos

DAVOS, Switzerland (AP) — Nearly 3,000 high-level participants from business, government and beyond plus untold numbers of activists, journalists and outside observers are converging in the Swiss town...

7m ago

Nation-building efforts expected to spur Canadian M&A this year: KPMG survey

TORONTO — Canadian dealmaking activity is expected to pick up this year, driven by nation-building efforts and a stronger business outlook, according to a new survey by KPMG Canada. Thirty-three per...

1h ago

Philippines discovers new gas deposit near disputed South China Sea

MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. announced Monday the discovery of a new natural gas deposit near the disputed South China Sea, which could shield his country from...

7m ago

IMF upgrades outlook for suprisingly reslient world economy to 3.3% growth this year

WASHINGTON (AP) — An unexpectedly sturdy world economy is likely to shrug off President Donald Trump's protectionist trade policies this year, thanks partly to a surge of investment in artificial intelligence...

2h ago

In the news today: Carney goes to Davos, gun compensation, Chinese EV deal

Here is a roundup of stories from The Canadian Press designed to bring you up to speed... Carney heading to Switzerland to take part in World Economic Forum Prime Minister Mark Carney heads to Switzerland...

2h ago

Statistics Canada set to release December inflation data this morning

Statistics Canada is slated to release inflation figures for December today. A Reuters survey of economists has predicted the annual inflation rate to hold steady at 2.2 per cent in December, according...

3h ago

Statistics Canada set to release December inflation data this morning

Statistics Canada is slated to release inflation figures for December today. A Reuters survey of economists has predicted the annual inflation rate to hold steady at 2.2 per cent in December, according...

3h ago

Inequality and unease are rising as elite Davos event opens with pro-business Trump set to attend

DAVOS, Switzerland (AP) — Corporate chiefs and government leaders including U.S. President Donald Trump swarm into Davos, Switzerland, this week, joining an elite annual meeting that promotes dialogue...

53m ago

US futures sink after Trump warns of higher tariffs for 8 countries over Greenland issue

BANGKOK (AP) — European shares and U.S. stock futures skidded Monday after U.S. President Donald Trump threatened to slap a 10% extra tariff on imports from eight European countries because they oppose...

2h ago

Hackers target Iran state TV's satellite transmission to broadcast exiled crown prince

DUBAI, United Arab Emirates (AP) — Hackers disrupted Iranian state television satellite transmissions to air footage supporting the country's exiled crown prince and calling on security forces to not...

4h ago