Friday, October 9, 2026

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Sinopec Chairman Flags 2025 as China’s Oil Demand Peak

The moment analysts spent years bracing for may already be in the rear-view mirror. China’s oil consumption likely crested in 2025, the boss of the country’s biggest refiner has suggested, a turning point that lands earlier than nearly anyone expected. Speaking at an earnings briefing in Hong Kong on Monday, Sinopec Chairman Hou Qijun pointed […]

Carney to Launch Intense Canada-EU Talks on Economic, Security Ties

A deeper alliance with Europe now sits at the heart of Canada’s plan to lean less heavily on the United States, with Prime Minister Mark Carney confirming that Ottawa will open what he called intense discussions with the European Union this fall on a joint economic and security partnership. Carney pointed to the EU as […]

Carney Announces Six New Icebreakers With $11 Billion Price Tag

Canada is placing an $11 billion bet that rebuilding its Arctic fleet can also rebuild its domestic shipbuilding industry. Prime Minister Mark Carney announced Monday that six new program icebreakers for the Canadian Coast Guard will be built by Chantier Davie in Lévis, Quebec, marking what the government called the largest shipbuilding contract in Quebec’s […]

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Aurora Rejects Curaleaf’s Takeover Narrative as ‘Inaccurate’

Aurora Cannabis (TSX: ACB) is challenging the foundation of Curaleaf Holdings’ (TSX: CURA) hostile takeover bid, arguing that the offer relies on what it calls “inaccurate” claims and does not properly reflect the value of Aurora’s international medical cannabis business. Aurora urged shareholders to take no action while its special committee reviews Curaleaf’s offer, which […]

Trump Escalates Canada Trade War With 50% Auto Tariffs

The distance between Washington’s proposed Canadian auto relief and President Donald Trump’s latest tariff threat is now just five days. Trump said Monday that US tariffs on “all Cars, Trucks… Automotive Parts, and Steel” would rise to 50% on January 1, 2027, after US-Canada trade negotiations collapsed. The shift is especially sharp for autos. On […]