Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
January 17, 2025
Europe markets closed higher Thursday as attention turned to earnings in the region.
International
Target says its holiday sales were better than expected — but its profits weren’t
January 17, 2025
The big-box retailer's report indicates that deals and promotional events motivated shoppers.
TikTok CEO expected to attend Trump’s inauguration, NBC reports
January 16, 2025
TikTok's CEO Shou Chew is expected to attend President's Trump inauguration next week, NBC News reports.
Bank of America tops estimates on better-than-expected investment banking, interest income
January 16, 2025
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
January 16, 2025
While bank stocks have been supported by enthusiasm for rising deal activity, it was actually the trading side that helped Morgan Stanley more in the quarter.
Biden administration launches cybersecurity executive order
January 16, 2025
With this executive order, the Biden White House is looking to boost digital security in the U.S. for the government and the private sector.
Polestar expects delayed profitability as demand for EVs weakens, competition hurts
January 16, 2025
Polestar's CEO said on Thursday it would take longer for the Swedish EV maker to be profitable after it reported fewer cars were sold in 2024 than projected.
U.S. sanctions on Russia hit oil freight rates
January 16, 2025
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.
Netanyahu says ‘last minute crisis’ with Hamas holding up approval of Gaza truce and hostage deal
January 16, 2025
It was not yet clear if Prime Minister Benjamin Netanyahu's statements reflected jockeying to keep his coalition together or whether the deal was at risk.
UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount
January 16, 2025
U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million — a 29% discount to its last valuation.
Oil major BP to cut thousands of jobs in cost-saving drive
January 16, 2025
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.
Google Thinks It Has the Best AI Tech. Now It Needs More Users.
January 16, 2025
Tired of trailing OpenAI, Chief Executive Sundar Pichai wants his Gemini chatbot to be used by 500 million people.
UK economy’s disappointing November growth fuels the case for Bank of England rate cut
January 16, 2025
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
January 16, 2025
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
China’s slowing economy is waiting for more stimulus. Here’s how the country plans to boost growth
January 16, 2025
China's slowing economy is still waiting for promised government support to kick in.
Blue Origin’s first New Glenn rocket reaches orbit, misses booster landing
January 16, 2025
Blue Origin launched its towering New Glenn rocket for the first time early Monday, in a crucial milestone for Jeff Bezos' space company.
Israel and Hamas reach Gaza ceasefire and hostage deal
January 16, 2025
A ceasefire and hostage deal between Israel and Hamas has been reached in the bloody war in Gaza.
Tech, Media & Telecom Roundup: Market Talk
January 16, 2025
Find insight on Impinj , BlackBerry, Cellnex and more in the latest Market Talks covering Technology, Media and Telecom.
Saudi Arabia vows to be ‘fast and furious’ in mining as it reveals $100 billion investment
January 16, 2025
Saudi Arabia has increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion.
Travelers can soon fly from Singapore to the ‘gateway’ to Komodo National Park
January 15, 2025
Jetstar Asia said it's launching the first direct route between Singapore and Labuan Bajo, Indonesia, a town near Komodo National Park and its famous "dragons."
Palma’s Picks
January 15, 2025
From thrillers to biographies and everything in between, Global News Morning Weekend anchor Jennifer Palma loves to read. Join us for Palma's Picks.
B.C. court rules on disputed $2M lottery pool win that ‘ruined relationships’
January 15, 2025
A B.C. man won't have to share his $2 million lottery prize, after a B.C. court rejected his coworkers' claim the payout was a part of their lottery pool.
Tech, Media & Telecom Roundup: Market Talk
January 15, 2025
Find insight on Canadian telecoms, Cellnex and more in the latest Market Talks covering Technology, Media and Telecom.
David Spade offers $5K to those who catch arsonists lighting fires in L.A.
January 15, 2025
“Don’t fake it though,” David Spade warned those wanting to cash in on his offer. “No staging. Let me know.”
Global BC’s Open House
January 15, 2025
From the latest real estate trends to home renovation ideas, Global BC’s Open House segments dive deep into the tips and tricks to help make the most out of your home.
‘Ready to fight’: Biggar restaurant owner aims high in recovery from fire
January 15, 2025
After one family restaurant in Biggar, Saskatchewan was destroyed in a fire, Maggie Tan is ready to serve the people once again.
Burnaby council looks at plan to identify areas most at risk from extreme weather
January 15, 2025
"How can we make sure we're mitigating the risks of hazards that we know are going to happen, to as few people as possible?" councillor Alison Gu said.
Dozens protest as Alberta Energy Regulator holds hearing on controversial coal mining project
January 15, 2025
Protesters and supporters square off this week as the Alberta Energy Regulator conducts a second round of hearings into a proposal to mine for coal in Alberta's Rocky Mountains.
Man charged in death of woman found lying in East Vancouver street
January 15, 2025
The 37-year-old victim was found badly injured at Kingsway and Victoria Drive, near the Esso station, around 5 a.m. on March 30, 2024.
3 children now dead after tragic house fire near Halifax, family says
January 15, 2025
A fatal weekend house fire in Lower Sackville, N.S. that left a six-year-old girl dead has now claimed the life of two other children, a family spokesperson says.
School support workers at Sturgeon Public School Division go on strike
January 15, 2025
School support workers include administration staff, education assistants and cafeteria workers.
Zuckerberg Debuts ‘Real Mark’ in Push to Woo Trump
January 15, 2025
Meta is pursuing a MAGA makeover, in the latest political pivot for a company that once banned the now-president-elect from its platforms.
Meta to Cut 5% of Staff as Zuckerberg Says He Will ‘Raise the Bar’
January 15, 2025
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”
Amazon Web Services Launches Infrastructure Region in Mexico
January 14, 2025
The cloud business of Amazon.com has launched an infrastructure cloud region in Mexico and plans to invest $5 billion in the country over the next 15 years.
World News in Brief: North Gaza under siege, aid to millions in Syria, tensions in Mozambique
January 14, 2025
The UN aid coordination office (OCHA) on Tuesday reported further attacks on displacement shelters in Gaza which have been ongoing since 9 January.
Syria emergency: Four children a day killed or injured by leftover explosives
January 14, 2025
Syria’s lethal legacy of landmines and other explosives left over from years of conflict has led to the deaths of over 100 children in the last month alone, the UN Children’s Fund (UNICEF) said on Tuesday, calling on the international community to urge...
Iran: UN experts alarmed as Supreme Court upholds death sentence of Kurdish woman activist
January 14, 2025
Independent UN human rights experts on Tuesday expressed grave concern over the Iranian Supreme Court's decision to uphold the death sentence of Pakhshan Azizi, a Kurdish woman activist and social worker.