Japanese carmakers Honda and Nissan are reportedly considering a merger — a sign that major global manufacturers are joining forces to compete against their mighty Chinese competitors as the auto world goes electric.
The U.S. Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the central bank's two per cent target.
TikTok is challenging the federal government's order to shut down its operations in Canada, claiming it will eliminate hundreds of jobs and could terminate a quarter of a million contracts it has with Canadian advertising clients.
At least eight U.S. telecom firms and dozens of countries have been impacted this week by what a top White House official called a Chinese hacking campaign that has also raised concerns about the security of text messaging.
At least eight U.S. telecom firms and dozens of countries have been impacted this week by what a top White House official called a Chinese hacking campaign that has also raised concerns about the security of text messaging.
As the threat of tariffs looms over the Canadian economy, businesses, industry associations and policymakers are scrambling to find the right response.
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than $5 billion USD in the fourth quarter of this year.
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroen and Ram, amid an ongoing struggle with slumping sales.