Canada
Blackstone-led consortium nears $13.5 billion deal to acquire AirTrunk, Reuters reports
Blackstone offices in New York City. Erik Mcgregor | Lightrocket | Getty Images A consortium led by Blackstone is nearing a deal to acquire Australian data center group AirTrunk for A$20 billion ($13.53 billion) including debt, a person with knowledge of the situation said on Monday. Blackstone and its partner, the Canada Pension Plan Investment Board, emerged as […]
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Canada imposes a 100% tariff on imports of Chinese-made electric vehicles
Canadian Prime Minister Justin Trudeau speaks during a joint news conference with U.S. President Joe Biden, in Ottawa, Ontario, Canada, March 24, 2023. Kevin Lamarque | Reuters Canada’s government is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs. Prime Minister Justin Trudeau also announced Monday there will be a […]
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Canada moves to end rail shutdown quickly; CN workers to return to work Friday
Workers at Canadian National Railway will begin returning to work on Friday, the Teamsters union said, hours after the Canadian government moved to end an unprecedented rail stoppage. The union said the work stoppage at Canadian Pacific Kansas City would continue pending an order from the Canadian Industrial Relations Board (CIRB). The union and company […]
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World’s second-largest diamond discovered in Botswana
Botswana’s President Mokgweetsi Masisi holds a large diamond discovered in Botswana at his office in Gaborone on August 22, 2024. Monirul Bhuiyan | Afp | Getty Images One of the largest diamonds ever to be excavated was found in Botswana at a mine owned by Canadian firm Lucara Diamond. The 2,492-carat diamond is the world’s […]
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Canadian railways grind to a halt as workers locked out; economic fallout fears rise
A Canadian Pacific Railway locomotive pulls a train in Calgary, Alberta, Canada, on Monday, March 22, 2021. Alex Ramadan | Bloomberg | Getty Images Canada’s top two railroads locked out more than 9,000 unionized workers, triggering an unprecedented rail stoppage that could cause billions of dollars worth of economic damage and roil North American supply […]
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Proposed 7-Eleven buyout deal will likely face anti-trust scrutiny, retail analyst says
A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024. Bloomberg | Bloomberg | Getty Images Circle K operator Alimentation Couche-Tard’s proposal to acquire Japanese rival and 7-Eleven owner Seven & i Holdings Co., is likely to attract antitrust scrutiny, particularly in the U.S., according to […]
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Australia doubles foreign university student visa payment in migration crackdown
Australia mentioned on Monday it experienced much more than doubled the visa cost for worldwide college students, the most current go by the govt to rein in record migration that has intensified pressure on an previously restricted housing market place. Morten Falch Sortland | Getty Photographs Australia said on Monday it experienced far more than doubled […]
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Fisker recalls thousands of Ocean EVs for safety and compliance issues
The Fisker Ocean electric sports utility vehicle (SUV) during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S., on Wednesday, Nov. 17, 2021. Kyle Grillot | Bloomberg | Getty Images Electric vehicle startup Fisker announced on Wednesday that it is recalling thousands of Ocean SUVs in North America and Europe […]
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Photos show world leaders, veterans commemorating D-Day’s 80th anniversary
French troops disembark from a US landing craft during a joint US and French amphibious landing operation showcase, on June 4, 2024, at Omaha beach in Saint-Laurent-sur-Mer, northwestern France, ahead of the “D-Day” commemorations marking the 80th anniversary of the World War II Allied landings in Normandy. Loic Venance | Afp | Getty Images Eighty […]
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McDonald’s is betting on its mobile business with new franchisee digital marketing fund
A Big Mac is displayed on a page of the McDonald’s app Daniel Acker | Bloomberg | Getty Images McDonald’s U.S. franchisees will start paying into a digital marketing fund next year as the fast-food giant looks to expand its booming digital business, according to a memo viewed by CNBC on Thursday. The change is […]
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