Business

American spirit exports to Canada “plummeted” 85 per cent in the second quarter of 2025, with the Distilled Spirits Council of the United States calling the situation “very troubling” as consumers in key international markets opt for alternatives to U.S.-made products because of trade tensions.  Distilled Spirits Council of the …

SYDNEY — Australian airline Qantas said on Sunday that data from 5.7 million customers stolen in a major cyberattack this year had been shared online, part of a leak affecting dozens of firms. Disney, Google, IKEA, Toyota, McDonalds and fellow airlines Air France and KLM are also reported to have …

Photo Credit: Shutterstock BEIJING ― Tesla’s sales of Chinese-made EVs rose 2.8 percent year-on-year in September to 90,812, ending a two-month decline as its new six-seater began deliveries in China, data from the China Passenger Car Association showed on Friday. The data comes after news that the US automaker also …

BEIJING ― China has launched an antitrust investigation into United States semiconductor manufacturer Qualcomm over its acquisition of Israel’s Autotalks, China’s market regulator said on Friday. China’s State Administration for Market Regulation said the probe would look at whether Qualcomm violated China’s antitrust law by not lawfully declaring some details …

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo  REFLECTION AI, a startup backed by chip giant Nvidia, said on Thursday it has raised $2 billion in a new funding round that values the company at …

U.S. federal auto safety regulators have opened yet another investigation into Tesla’s full self-driving technology after dozens of incidents in which its vehicles ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles and injuring people.  Multiple investigations launched into self-driving feature in …

Minister for Economic Affairs Yokota Naobumi delivers the keynote speech at the 2025 Financial Executive (FINEX) Week Conference. (Courtesy: Embassy of Japan in the Philippines) Japan will continue to fund infrastructure projects in the Philippines, with the concerns over massive corruption in government flood control projects not negatively affecting Japanese …

The Canadian Union of Postal Workers, which represents 55,000 Canada Post workers, announced late Thursday that it will end its nationwide strike action and move to rotating strikes starting Saturday. The union said the change will “start mail and parcels moving” while continuing the struggle for “good collective agreements and …

WARNER Music Group is nearing an agreement with Netflix to create a variety of movies and documentaries based on the label’s artists and songs, Bloomberg News reported on Wednesday, citing people familiar with the matter. Reuters could not immediately verify the report. Warner Music, the label behind artists such as …

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook  GENERAL Motors is scrapping a program aimed at allowing its dealers to continue offering a $7,500 tax credit for several months on …