Tag: Economy

These are the 2024 CNBC Disruptor 50 companies: See the full list of startups riding the AI wave

It's fair to say that AI is all over the 12th annual CNBC Disruptor 50 list. Roughly two-thirds of…

As EV battery push continues, Trudeau expected to announce new plant – National | Globalnews.ca

The federal and Ontario governments are set to make “an important automotive announcement” which is expected to be…

China is engaged in ‘deliberate' efforts to undermine the U.S. and Europe, says EU envoy Gitenstein

Mark Gitenstein, the U.S. ambassador to the EU, said China is deliberately distorting markets with a glut of…

Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target

Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly…

China drives EV boom this year amid strong demand for hybrid vehicles

New energy vehicles for export at Lianyungang Port, Jiangsu Province, China, on April 25, 2024. Nurphoto | Nurphoto |…

Yellen says Chinese response possible on expected U.S. tariff action

U.S. Secretary of the Treasury Janet Yellen speaks while presiding over a meeting of the Financial Stability Oversight…

India needs to focus on factor market reforms to propel growth to double digit: ADB Chief Economist

India needs to focus on factor market reforms like land and labour, to propel India's growth to a…

Hong Kong tourism boost: Eight more Chinese cities join solo travel scheme

Eight more Chinese cities have joined a scheme allowing their residents to travel to Hong Kong on their…

New East Vancouver brewery already struggling amid economic headwinds | Globalnews.ca

Another Metro Vancouver craft brewery is struggling with rising costs and flat sales. Michael Hodgson launched CowDog Brewing…

Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years

Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank…

Canada unexpectedly added 90,000 jobs in April, though unemployment stayed flat at 6.1% | CBC News

The Canadian economy gained 90,000 jobs in April, much higher than the average of 20,000 jobs many economists…

Toronto’s offices are emptying out. The city wants to know what to do with them | Globalnews.ca

The City of Toronto is turning to the public for guidance on what to do with its empty…