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Canada and China: A half-century journey from Pierre Trudeau to Mark Carney

BEIJING (AP) - Canada, under Pierre Trudeau in the early 1970s, was among the first Western nations to recognize the communist government in China, nearly a decade ahead of the United States. A half-century later, relations soured under Trudeau's son, Justin. His successor, Prime Minister ...
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Retail traders pile into memory chipmakers as AI boom squeezes supplies, lifts prices

By Shashwat Chauhan Jan 14 (Reuters) - Retail investors ramped up buying of U.S. memory and data storage chipmakers in January, following 2025's strong momentum on expectations that booming artificial intelligence infrastructure demand will tighten supply and lift prices. An acute global shortage of memory chips ...
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Car shopping trends and tips for 2026 from Edmunds

In recent years, a shortage of vehicles, rising prices, and high borrowing costs have made it challenging for some people to purchase a new or used vehicle. Thankfully, the automotive market is shifting in ways that could be beneficial if you're planning to buy ...
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Developer of New York offshore wind farm is asking a federal judge to spare it from Trump

WASHINGTON (AP) - The developer of a major offshore wind project to serve New York is set to go before a federal judge Wednesday, hoping to convince him to lift a Trump administration order they say could mean the death of a project that's ...
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Coca‑Cola scraps Costa Coffee sale, FT reports

Jan 14 (Reuters) - Coca-Cola has abandoned plans to sell its Costa Coffee chain after offers from private equity firms came in below expectations, the Financial Times reported on Wednesday. The U.S. beverage giant ended talks with remaining bidders in December, halting a months-long ...
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Proposed billionaires’ tax in California rattles Silicon Valley, entangles Gov. Newsom

LOS ANGELES (AP) - A proposed billionaires' tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom maneuvers to defeat a levy that he fears will lead to an exodus ...
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Morning Bid: Turbocharged ‘Takaichi trade’ puts markets on yen watch

A look at the day ahead in European and global markets from Ankur Banerjee And just like that we are back screen gazing as the yen edges towards 160 per dollar, stoking intervention worries, as the prospect of a snap election next month in Japan ...
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Oil pauses gains as Venezuela shipments resume, but Iran concerns loom

By Emily Chow and Katya Golubkova SINGAPORE, Jan 14 (Reuters) - Oil slipped after four days of increases on Wednesday as Venezuela resumed exports and U.S. crude and product inventories rose, though fears of Iranian supply disruptions due to deadly civil unrest loomed over the ...
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Global EV sales growth likely to slow after 20% jump in rocky 2025, research firm says

Jan 14 (Reuters) - Global EV registrations grew 20% last year but are likely to lose pace in 2026, data showed on Wednesday, as a slowdown in China and a relaxation of electrification targets worldwide led in December to the smallest sales increase since ...
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Dollar rebounds with CPI data in line, bankers back Powell

(Fixes formatting, no changes to text) By Gregor Stuart Hunter SINGAPORE, Jan 14 (Reuters) - The U.S. dollar recovered ground to near a one-month high in early Asian trade on Wednesday after U.S. CPI data that was broadly in line with estimates, firming up expectations ...
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Asian stocks inch higher, fragile yen spurs intervention worries 

(Corrects hyperlinks to stories) By Ankur Banerjee SINGAPORE, Jan 14 (Reuters) - Asian stocks rose on Wednesday, buoyed by Japanese shares, as investors braced for a snap election in Japan that could lead to more fiscal stimulus, while worries about central bank independence and benign ...
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Ford CEO says trade deal with Mexico and Canada is ‘critical’ for industry

By Nora Eckert DETROIT, Jan 13 (Reuters) - Ford CEO Jim Farley said a North American free trade deal is needed for the automaker and industry, hours after U.S. President Trump called it "irrelevant." "We really see Canada and Mexico and the U.S. as an integrated ...
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