TikTok’s Chinese owner, ByteDance, finalized a deal on Thursday to set up a majority American-owned joint venture company that will avoid a U.S. ban on the popular video-sharing app used by more than 200 million Americans.
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Netflix will pay for Warner Bros. Discovery’s streaming and studio division entirely in cash to edge out its rival Paramount — the latest chapter in a months-long saga that, once concluded, could significantly change the global entertainment industry.
Canada’s federal court has overturned a government order to close TikTok’s Canadian operations, allowing it to continue to operate for the time being.
Stocks are falling on Wall Street after U.S. President Donald Trump threatened to hit eight NATO members with new tariffs as tensions escalate over his attempts to assert American control over Greenland.
Canada is lagging in robotics adoption, industry watchers say, especially outside of the auto sector. At the same time, robots are taking off, thanks to a boom in China and new approaches incorporating AI. At a time when Canada is concerned about productivity, are we missing the boat?
Consumers are still feeling anxious over high prices and economic uncertainty from the U.S. trade conflict, according to a Bank of Canada survey published Monday, showing that some Canadians still perceive weakness in the economy even as several indicators improve.
Canada’s inflation rate ticked up to 2.4 per cent in December compared to the same period last year, when the federal government implemented a GST break that brought some prices down, Statistics Canada said on Monday.
After years of seemingly unlimited growth for the craft beer industry, the party is winding down. Sales are down and the number of breweries in Canada has started to decline, a shift driven by a mix of cost pressures and changing consumer tastes and social habits.
Mark Carney’s new deal with China — to lower tariffs on EVs, canola and other products — sparked fears that the U.S. would lash out at Canada. But President Donald Trump said the deal is a “good thing.” Some experts think the Americans will use Canada’s deal to help forge their own agreement with China.
Here’s what you need to know about Chinese EVs and their pending arrival in Canada.