Oil prices could reach $100 a barrel in 2024 if OPEC+ members fulfil pledges for voluntary cuts
December 1, 2023
Individual countries announced voluntary reductions totaling 2.2 million barrels per day for the first quarter of 2024.
International
Bill Gates shares his ‘big hope’ for COP28 as world leaders gather for climate talks
December 1, 2023
Bill Gates on Friday said he was "definitely glass half-full" when it comes to preventing the worst of what the climate crisis has in store.
Edmonton Oilers tough out 3-1 win in Winnipeg
December 1, 2023
The Edmonton Oilers won their fourth in a row, earning a hard fought 3-1 road victory over the Winnipeg Jets Thursday night. The Oilers had several good chances around the Jets net in the first, but it was Winnipeg who would score first. Cole Perfetti ...
Stock futures mixed on Friday after Dow notches new high for the year: Live updates
December 1, 2023
The Dow Jones Industrial Average notched a 2023 high and capped off its best month in over a year.
Israel resumes combat in Gaza Strip as truce with Hamas expires
December 1, 2023
The truce expired at 7 a.m. (0500 GMT) Friday. The halt in fighting began a week ago, on Nov. 24.
Montana Judge Says TikTok Ban ‘Likely Violates First Amendment’
December 1, 2023
The social-media app sued after the state passed a law banning TikTok to protect residents’ privacy.
Federal judge blocks Montana’s TikTok ban, which would have been the first of its kind
December 1, 2023
A federal judge in Montana has blocked a law that would have resulted in a state-wide ban of TikTok starting on Jan. 1, 2024.
IIO called to fatal police shooting after reported threats at Abbotsford hospital
December 1, 2023
The IIO is investigating after police fatally shot a man at the Abbotsford Regional Hospital while responding to reports of a suspect with a weapon.
Proposal for up 7 highrises near future Langley SkyTrain station raises eyebrows
December 1, 2023
Two applications have been submitted to the municipality for a cluster of seven towers ranging from 28 to 44 storeys in height.
Winnipeg Jets let third period lead slip away in 3-1 loss to Oilers
December 1, 2023
The Jets led for most of the night but late goals from Darnell Nurse and Leon Draisaitl turned the game around for Edmonton.
Greens win 2nd seat in Ontario as Aislinn Clancy wins Kitchener Centre byelection
December 1, 2023
The Green Party now has a second MPP in the Ontario legislature as Aislinn Clancy won a byelection in Kitchener Centre on Thursday night.
Ibrahim Ali trial: Court falls silent for 2 minutes as Crown makes closing arguments
December 1, 2023
WARNING: This story contains graphic details that may disturb readers. Discretion is advised.
B.C. Hyundai Plug-In Hybrid owner hit with $15,000 electric battery cost
December 1, 2023
In November 2017, the Kelowna resident purchased a brand new 2018 Hyundai Ioniq Plug-In Hybrid for around $30,000. But he was recently hit with an unexpected cost.
Call of the Wilde: Montreal Canadiens welcomed home by Panthers, dropped 5-1
December 1, 2023
Injuries keep piling up for the Canadiens in numbers that are far above the league average for man-games lost. Brian Wilde has more.
Marner leads Leafs to 4-3 shootout win over Kraken
December 1, 2023
Mitch Marner and the Maple Leafs were cruising.
Elon Musk’s F-Bombs Make Linda Yaccarino’s Job at X Even Harder
December 1, 2023
Musk’s outburst is “a line in the sand that can’t be undrawn,” one ad-industry insider said.
Charlie Munger said Berkshire would be worth double if he and Buffett used this common practice
December 1, 2023
"Berkshire could easily be worth twice what it is now... All we had to do is just use a little more leverage that was easily available," Munger said.
Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash
December 1, 2023
Munger, who died Tuesday at age 99, said an elephant-sized deal may have to be done by the next generation of leaders at the conglomerate.
Read Linda Yaccarino’s message to X employees about Elon Musk’s controversial DealBook interview
December 1, 2023
X CEO Linda Yaccarino sent a memo to employees that characterized Elon Musk's recent controversial interview as "candid" and "profound."
Move aside, China. India will drive Asia’s growth in the next few years, S&P Global says
December 1, 2023
India's economy is expected to power ahead in the next three years, leading growth in the region.
This tiny country drove 15% of Nvidia’s revenue – here’s why it needs so many chips
December 1, 2023
About 15% or $2.7 billion of Nvidia's revenue for the quarter ended October came from Singapore, an SEC filing by the chipmaker showed.
Goldman Sachs loves this sub-sector in China — and names 3 stocks to buy
December 1, 2023
The bank names three Chinese stocks it says are "well positioned" across six themes that will take center stage in 2024.
Analysts love this under-the-radar British banking stock — and Jefferies says it’s set to double
December 1, 2023
The lender's stock has already risen by 30% over the past month after it revealed a rapidly growing loan book.
China consumption shows ‘no sign’ of a strong V-shaped recovery, McKinsey says
December 1, 2023
China's consumer isn't going to be spending big anytime soon, which means companies need to be more strategic to tap the massive market, according to McKinsey.
OpenAI tender offer is on track for January despite leadership fracas, sources say
December 1, 2023
A round which would value OpenAI at around $86 billion is back on track after Sam Altman returned to the company, offering employees a chance at liquidity.
Novo Nordisk sues two pharmacies for allegedly selling tainted Wegovy, Ozempic knockoffs
December 1, 2023
The lawsuits come as Novo Nordisk grapples with shortages of Wegovy and Ozempic in the U.S. due to skyrocketing demand.
Elon Musk hypes Tesla Cybertruck at deliveries event in Austin
December 1, 2023
Tesla previously aimed to sell its base model Cybertruck for about $40,000 but on Thursday revealed the base model will cost around $61,000.
Countries at COP28 approve climate disaster fund deal details in early breakthrough
December 1, 2023
Countries at the U.N. COP28 summit on Thursday agreed deal details for a disaster fund to help nations reeling from damages caused by the climate crisis.
Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison
December 1, 2023
Coinbase's stock had its second-best month since the company's public market debut, and analysts attribute much of the rally to Binance's retreat
Disney CEO Bob Iger says company’s movies have been too focused on messaging
December 1, 2023
Disney CEO Bob Iger acknowledged his company's movies have been too focused on messaging rather than strong storytelling.
Brazil set to join the influential OPEC+ oil producers’ alliance
December 1, 2023
South American producer Brazil will join the influential OPEC+ oil producers' alliance starting in January.
Google could delete your old Gmail account as soon as Friday
December 1, 2023
Google accounts that haven't been used in the last two years will be deleted under the company's new inactive account policy.
Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ holds policy
December 1, 2023
The OPEC+ alliance had already instituted a 2 million-barrels-per-day cut in place until the end of 2024.
‘The great wealth transfer’ is here: Billionaires set to give trillions to their kids
December 1, 2023
New billionaires made more of their fortunes from inheritance than from entrepreneurship in recent months, according to the UBS Billionaire Ambitions Report.
Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected
December 1, 2023
The personal consumption expenditures price index was expected to increase 0.2% in October on a monthly basis and 3.5% from a year ago.
Meta’s latest threats report shows risk of Chinese influence campaigns ahead of elections
December 1, 2023
In its third-quarter report on adversarial threats, Meta highlighted the increasing disinformation efforts coming from Chinese campaigns
Ukraine war live updates: Baby among civilians injured in missile strikes on Ukraine; Russia causes a stir at security summit
December 1, 2023
Ukrainian officials said the country came under attack from Russian drones and missiles overnight.
X CEO Linda Yaccarino addresses Musk’s ‘go f— yourself’ comment to advertisers
November 30, 2023
Linda Yaccarino addressed the explicit comments Elon Musk hurled at advertisers Wednesday.