Honda Forecasts $4.3 Billion Loss for FY2025/26 Amid EV Strategy Overhaul
Honda Motor Co. is bracing for a full-year loss of 650 billion yen ($4.3 billion) for the fiscal year ending March 2026, driven by slumping sales in China and mounting costs tied to its electric vehicle transition. The Japanese automaker disclosed the stark projection as it grapples with a rapidly shifting global automotive landscape. The […]
NDP Votes for New Leader With Party’s Future on the Line
The federal NDP’s 19-day vote for a new leader is underway, with activist and journalist Avi Lewis holding a commanding fundraising lead over the four other candidates as the party tries to claw back from its worst-ever federal election result. Voting opened on March 9 for approximately 100,000 eligible members — up from 60,000 when […]
Trump Administration Moves to Waive Jones Act as Oil Prices Surge Past $100 Per Barrel
The Trump administration has signaled plans to issue temporary Jones Act waivers, allowing non-U.S.-flagged vessels to transport cargo between domestic ports for a 30-day period, in a direct response to crude oil prices breaching $100 per barrel. This move aims to ease supply chain bottlenecks and reduce transportation costs for oil and other critical goods […]
Wesdome Gold Q4 2025: Price Rally Delivered Revenue Jump, Cost Hikes
Wesdome Gold Mines (TSX: WDO) posted Q4 2025 revenue of $287.9 million, up from $182.6 million, while full-year revenue increased to $914.3 million from $558.2 million. The company said the gains were led by higher gold prices, stronger annual production and wider margins across both Eagle River and Kiena. Average realized gold price rose to […]
Qatar Shutdown Threatens A Third Of Global Helium Supply
The immediate risk to semiconductors is no longer just demand concentration around AI memory but a physical helium bottleneck after Qatar’s shutdown at Ras Laffan took about one-third of global production offline and stranded pre-filled containers as the Strait of Hormuz effectively closed. Helium is embedded in daily fab operations across multiple steps, including thermal […]
Trump Wants Jake Paul to Run for Office
President Donald Trump predicted a political future for boxer and internet personality Jake Paul at a rally in northern Kentucky on Wednesday, offering his “complete and total endorsement” if Paul chooses to run for office. Trump made the remarks at Verst Logistics in Hebron after inviting Paul onstage. “I’m going to make a prediction that you […]
Andrew Yang Warns of Massive AI Job Displacement, Pushes for Tax Shift to Fund UBI
Andrew Yang, former presidential candidate and founder of Noble Mobile, has issued a stark warning that artificial intelligence will trigger unprecedented job displacement in the United States within the next year, outpacing a decade of prior technological disruption. Speaking on CNBC, Yang predicted that the rapid acceleration of AI capabilities could automate up to 50% […]
Cabral Gold Drills 87.4 g/t Gold Over 9.5 Metres At Jerimum Cima Target
Cabral Gold (TSXV: CBR) this morning released what the company describes as its most significant drill results to date at their Jerimum Cima target, which is part of the larger Cuiú Cuiú project in Brazil. The junior explorer announced Thursday that recent diamond drilling at the Jerimum Cima target returned 9.5 metres at 87.4 g/t […]
First Quantum Sells Turkish Mine to Cengiz for $340 Million
First Quantum Minerals (TSX: FM) is continuing its post-Panama garage sale, announcing on Thursday the sale of its Çayeli copper and zinc mine in Turkey to Cengiz Holding for $340 million in cash. The deal for the underground operation, located on the Black Sea coast, is the latest move by the Toronto-based miner to shore […]
Iran War Triggers Largest Oil Supply Disruption in History, IEA Warns of 8 Million Barrel Daily Loss
The ongoing war in Iran has unleashed the largest supply disruption in the history of the global oil market, slashing output by 8 million barrels a day this month, or nearly 250 million barrels in total, according to the International Energy Agency (IEA). The conflict’s epicenter is the closure of the Strait of Hormuz, a […]