Page 12 - Bloomberg/reuters

Canada holds firm on trade pivot as energy minister heads to India

We need to protect and empower the Canadian economy and trade diversification is fundamental to that, says

LNG importers hold back on long-term deals, awaiting record supply surge

Major buyers including Gail India Ltd. and Bharat Petroleum Corp. have been pushing for lower prices and more flexible long-term contracts, leaving discussions with LNG producers stalled

Trump admin's defence strategy softens tone on China, focuses on deterrence

The department's long-awaited National Defence Strategy, released Friday evening, directs the Defence Department to 'maintain a favourable balance of military power in the Indo-Pacific'

Meta hit with international lawsuit over alleged WhatsApp privacy breaches

Plaintiffs allege Meta and WhatsApp can access users' private chats, accusing the company of misleading billions worldwide about WhatsApp's privacy and security claim

European airlines suspend West Asia flights amid rising US-Iran tensions

Several flights to Dubai operated by Luxembourg flag carrier Luxair, British Airways and Dutch low-cost carrier Transavia were also cancelled over the weekend

Indian firms want to invest in Canada's resources: British Columbia premier

India is a key target market for Canada under Prime Minister Mark Carney, who's set a goal of doubling the country's non-US trade in a decade

TikTok's new CEO Presser brings Hollywood connections, ByteDance loyalty

While Presser is unknown in many tech circles, he's been near the pinnacle of the company leading operations for several years, and was widely seen as the most influential US-based leader at TikTok

Goldman Sachs hikes CEO David Solomon's pay 21% to record $47 million

Under Solomon's leadership last year, Goldman posted record revenue in its banking and markets division and record management fees in its asset-management business

Why this weekend's US winter storm is expected to be so widespread

The ice from this storm will likely threaten areas less acclimated to winter weather and also impact major airport hubs, including Dallas-Fort Worth, Atlanta and Charlotte

US airlines cancel over 2,300 flights ahead of widespread winter storm

Heavy snow will likely fall across New York City early Sunday, with more than 14 inches (36 centimeters) possible across the metro area before the storm subsides late Monday

Christine Lagarde isn't on 'the same page' as Carney over ruptured world

Davos leaders push back against Mark Carney's warning of a disintegrating world, stressing that global interdependence still anchors growth and trade

Amazon to cut thousands more jobs in efforts to streamline bureaucracy

The cuts, conducted in rounds on either side of Amazon's busy holiday quarter, echo layoffs the Seattle-based company instituted in late 2022 and early 2023 that ultimately snared about 27,000 people

Russia sees no breakthrough after Putin holds Ukraine talks with US

Still, Kyiv and Moscow remain at an impasse on key points including Putin's demands for parts of Ukraine that remain under Kyiv's control in its eastern Donbas territory of Donetsk and Luhansk regions

US SEC seeks alternative pathway to advance stalled Adani fraud case

The SEC's lawsuit, filed in November 2024, alleges that Gautam and Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd

India cancels more South American soy oil imports as rupee slumps

About 35,000 to 40,000 tonnes of the commodity from Brazil and Argentina, booked for delivery in February and April-July period, have been scrapped, with total cancellations to exceed 50,000 tonnes

US moves to rewrite defence pact to expand military presence in Greenland

White House spokeswoman Anna Kelly said that if the deal goes through, the US would achieve all its strategic goals in Greenland 'at very little cost, forever,' adding that Trump is hopeful about it

JPMorgan raises CEO Jamie Dimon's pay by 10.3% to $43 million for 2025

The bank has been benefiting from heightened volatility in markets fueling trading activity among its clients, as well as an uptick in dealmaking

Trump says Federal Reserve chair interviews done, has pick in mind

Trump's shortlist includes National Economic Council Director Kevin Hassett, BlackRock executive Rick Rieder, current Fed Governor Christopher Waller and a former governor, Kevin Warsh

Venezuela's questionable oil reserve figures give Trump a talking point

South American nation's claim that it sits atop more than 300 billion barrels, 17 per cent of the world's total and surpassing even Saudi Arabia, has long been questioned by some industry experts

Disney's succession committee closes in on replacement for CEO Bob Iger

As part of the process, Disney has been seeking shareholder feedback on a new pay package for its next CEO