TOKYO, Japan — Japanese inflation accelerated last month, official data showed Friday, ahead of a maiden policy speech by new Prime Minister Sakae Takaichi who has promised to ease pressure on households. Takaichi’s predecessor Shigeru Ishiba survived barely a year in office, with voters hammering the ruling party in elections …
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Trump says all Canada trade talks ‘terminated’
Donald Trump and Mark Carney meeting earlier this month. Photograph: Evan Vucci/AFP/Getty Images WASHINGTON, D.C — US President Donald Trump said Thursday he was ending trade talks with Canada over an anti-tariff advertising campaign, a sudden about-face soon after a cordial White House meeting with Prime Minister Mark Carney. On his …
Read More »Oil prices surge as Trump hits Russian crude with sanctions
Photo Credit: Daily Sun NEW YORK — Oil prices jumped more than five percent Thursday after US President Donald Trump targeted Russia’s key oil industry with new sanctions in a bid to end the war in Ukraine. The surge in crude prices came as major US equity indices rebounded from …
Read More »Google and Apple face extra UK scrutiny over ‘strategic’ role in mobile platforms
The Google logo is seen outside the company’s offices in London, Britain, June 24, 2025. REUTERS/Carlos Jasso/File Photo LONDON — Britain’s antitrust watchdog on Wednesday targeted Google and Apple for their “strategic” roles in mobile ecosystems, opening the door for regulators to impose changes to their business practices to improve …
Read More »Amazon uses AI to make robots better warehouse workers
An Amazon delivery driver wears smart glasses displaying real-time navigation and delivery instructions directly in his field of vision, during Amazon’s “Delivering the Future” event at a Silicon Valley distribution center (Laure Andrillon) MILPITAS — Amazon on Wednesday said it is speeding up the automation of its warehouses with the …
Read More »Meta to cut 600 jobs in artificial intelligence — reports
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday. The job cuts will not affect the TBD Lab, an operation established by Meta CEO Mark Zuckerberg, according to reports in the …
Read More »EU, China to hold ‘urgent’ talks on rare earth curbs
STRASBOURG, France — EU and Chinese officials have agreed to meet in Brussels for “urgent” talks on China’s export controls on rare earths, EU trade chief Maros Sefcovic said after speaking to his Chinese counterpart Tuesday. The world’s leading producer of the minerals used to make magnets crucial to the …
Read More »Molson Coors cutting 9% of workforce in the Americas as beermaker restructures
Beer maker Molson Coors Beverage Company said on Monday it would cut about 400 jobs, or nine per cent of its salaried workforce in the Americas by year end as part of a corporate restructuring plan. Company will make changes by year end, had anticipated tariff-related woes. Beer maker Molson …
Read More »Stocks rise on China-US hopes, gold and silver slump
Gold suffered its biggest one-day loss since the start of the Covid pandemic, only a day after setting a record high (DAVID GRAY/yahoo.com) NEW YORK — Most stock markets extended gains Tuesday on signs that China-US trade tensions were easing and as investors digested a deluge of generally good earnings. …
Read More »Massive Amazon cloud outage has been resolved after disrupting internet use worldwide
FILE – An AWS, Amazon Web Services, logo is displayed at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., Tuesday, April 29, 2025. (AP Photo/Jeff Chiu, File) LONDON — Amazon says a massive outage of its cloud computing service has been resolved as of Monday evening, after a …
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