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Canada At A Crossroads: Leadership Transition As Trudeau To Resign 01/07/2025

UK Government Cracks Down On Deepfake Technology With New Criminal Offenses To Protect Women And Girls 01/07/2025

China’s Push For Green And High-Tech Upgrades Signals Shift In Economic Revival Strategy 01/08/2025

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Business & Finance

S&P Global may buy analytics platform Visible Alpha for $500M

According to the Financial Times, which cites unnamed sources, the US-based S&P Global Inc. is close to paying more than $500 million to acquire the analytics platform Visible Alpha from a group of investment banks that includes Goldman Sachs Group Inc., Jefferies Financial Group, and UBS Group....

Zee Entertainment Of India Wants To Resurrect A $10 Billion Merger With Sony: Reports

The $10 billion merger deal between India's Zee Entertainment and Japan's Sony Group was cancelled on January 22. The Indian business daily Economic Times reported on Tuesday, citing persons with knowledge of the situation, that Zee Entertainment is making a last-ditch effort to resume talks....

FT: Evergrande’s liquidators may sue PwC

The Financial Times, citing its own sources, stated that the liquidators of China’s Evergrande, one of the country's biggest real estate developers, are getting ready for a potential court battle with auditor PricewaterhouseCoopers (PwC). The sources clarified that this does not imply that a...

The Potential Impact Of A Second Trump Term On US Energy Policy

According to Republican policy experts and Trump's campaign website, if former US President Donald Trump were to return to power following the November election, he would attempt to erase much of the Biden administration's work to combat climate change and begin fresh initiatives to expand the...

Uber announces the first in its history buyback for $ 7 billion

Uber Technologies, an American company that offers food delivery and taxi services, has launched its first-ever share buyback program. It will come to $7 billion, the business said in a news release. "The endorsement of our initial share repurchase initiative is an indication of trust in the...

JPMorgan, Wells Fargo and BofA received 25% less overdraft fees in 2023

The aggregate overdraft fees of US banks JPMorgan Chase & Co., Wells Fargo, and Bank of America Corp. decreased by almost 25% in 2023 under pressure from regulators to curb them, according to CNBC. These revenues came to $2.2 billion in total, which is almost $700 million less than what was...

France Ends Its Subsidised EV Leasing Initiative In Response To High Demand

After demand greatly outstripped earlier projections, the French government stated that it was suspending its initiative to support low-income individuals leasing electric cars for the remainder of the year. Since the beginning of 2024, individuals with less than 15,400 euros ($16,600) in...

Battery joint venture between Stellantis and Mercedes seeks funds for expansion in Europe

According to US media, Automotive Cells Company SE (ACC), a joint venture between Stellantis and Mercedes to manufacture batteries for electric cars, is in discussions with several banks to get funding to increase manufacturing in Europe. The financing's terms will be disclosed "in the near...

Job Losses Extend Beyond The Technology Sector

Many American and Canadian businesses, primarily in the media and technology industries, have started the year with workforce reductions in an effort to control expenses in an unstable economic climate. Here is a summary of the 2024 layoffs that have been disclosed thus far: ...

Australian oil and gas majors Woodside and Santos reject $52B merger

Two of Australia's biggest oil and gas corporations, Woodside and Santos, announced that their three-month merger talks have been called off. According to a statement from Woodside, the first information exchange did not reveal enough advantages that would be in the best interests of Santos...