It’s not clear if the U.S. studio mega-merger will affect existing agreements that Warner Bros. Discovery has with Canadian broadcasters and streamers, like Crave, and whether Canadian viewers will have to subscribe to yet another service to watch their favourite shows.
Stocks on Wall Street sank on Thursday after the price of oil spiked to its highest level since the summer of 2024 due to the U.S.-Israeli war with Iran.
Costco Wholesale is alerting customers of a recall of certain lot codes of the Delici Dubai Style chocolate mousse due to the possible presence of cashew nuts and macademia nuts that aren’t declared on the label.
Confusing advice and on-again-off-again airport closures are complicating the evacuation of hundreds of thousands of foreigners stranded in the conflict zone around the Persian Gulf. In a region that has seen tragic mistakes resulting in the deaths of hundreds of civilian air passengers, decisions on whether to fly remain fairly ad hoc and can come down to the judgment of an individual pilot.
While the U.S. has developed far more AI infrastructure, Alberta also sees a major opportunity to capitalize on the AI boom, given its colder climate, vast real estate and deregulated electricity market.
A worldwide sell-off of stocks is slamming onto Wall Street on Tuesday, and oil prices are leaping even higher as worries rise that the war with Iran is widening and may do more sustained damage to the global economy than feared.
Bets placed on the ouster of Iran’s Supreme Leader Ayatollah Ali Khamenei drew scrutiny of prediction markets such as Polymarket and Kalshi on Monday, sparking calls from Democratic U.S. lawmakers to outlaw wagers on military actions that could enrich officials with inside knowledge.
Gas prices inched up a few cents overnight in Canada as the North American oil market reacts to escalating tensions in the Middle East, where the U.S. and Israel launched a joint attack on Iran Saturday that threatens to destabilize the rest of the region.
A proposal to revive parts of the cancelled Keystone XL pipeline could increase Canada’s crude exports to the U.S. by more than 12 per cent, if it gets a green light from U.S. President Donald Trump and additional links to U.S. refining hubs are built.
Brent crude jumped 10 per cent to about $80 US a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 US after U.S. and Israeli strikes on Iran plunged the Middle East into a new war.