Alibaba sues the U.S. Defense Department in a bid to remove ‘Chinese military company’ designation
The tech giant Alibaba has sued the U.S. Department of Defense, demanding that it be removed from the Pentagon’s list of Chinese military companies.
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Yukon mine receiver sues Vancouver firm for negligence linked to 2024 collapse
The receiver of a defunct Yukon gold mine that suffered a catastrophic storage site failure in 2024 is suing a Vancouver mining engineering company for its alleged role in the disaster.
Apple-Intel chip deal makes strategic sense but production is years away
Apple turning to Intel for chips, as Washington announced last week, has the neat logic of necessity meeting ambition. But it is not that simple, as analysts say any advanced Intel chip will take two to three years to make and even longer to translate into gains due to the long and exacting production process.
Orla Mining reaches productivity bonus deal with workers at Camino Rojo mine
Orla Mining Ltd. says it has reached a deal with workers at its Camino Rojo mine in Mexico regarding an outstanding 2025 productivity bonus.
AtkinsRéalis starts licensing process for Candu reactors in U.S.
AtkinsRéalis Group Inc. says it has formally submitted a notice of intent to begin the licensing process for its Candu nuclear reactor technology in the United States.
MDA Space signs new satellite contract with Canadian Space Agency
MDA Space Ltd. has signed a $688-million contract with the Canadian Space Agency for a synthetic aperture radar satellite.
CRTC should reject Corus' recapitalization plan, minority shareholders say
A group of minority shareholders urge the CRTC to reject Corus Entertainment Inc.’s proposed recapitalization plan, as it reviews the proposed transaction.
Anthropic launches Claude Tag in Slack with plans for wider rollout
Anthropic on Tuesday launched an artificial intelligence agent inside Salesforce's Slack app that can work alongside employees in group chats, deepening its push into the enterprise market that has emerged as a key battleground for AI startups.
Airbus to inspect 16 A380s after cracks found on plane wings
Airbus on Tuesday said it would inspect 16 A380 planes, five of them immediately, after cracks were found in a key wing component on aircraft used by the Emirates and Qantas airlines.
Shopify to bar vapes as U.S. authorities crack down on illegal industry
Shopify Inc will ban all vapes from its platform as soon as this week following pressure from a group of U.S. state attorneys general aiming to curb sales of illegal e-cigarettes online, according to two sources familiar with its plans.
Air Canada cuts travel agent commissions in bid to lower costs
Air Canada told travel agents this month it will reduce their commissions in a cost-cutting move that could hurt the income of thousands of industry workers.
Porter reduces fuel surcharge for rewards flight redemptions as fuel prices begin to ‘normalize’
A drop in fuel prices has prompted Porter Airlines to reduce a surcharge it tacked on to rewards flight redemptions earlier this year.
Alimentation Couche-Tard finds upside in ‘volatile’ gas market: CEO
One of Canada’s largest gas station operators managed to grow its profit and revenue even as the Middle East war choked the global flow of fuel.
Ballard Power buying U.K.-based hydrogen power company GeoPura
Ballard Power Systems Inc. has signed a deal to buy U.K.-based GeoPura Ltd. in an agreement valued at about US$400 million including cash, shares and assumed debt.
NatPower, Tesla reach deal on first phase of US$5 billion battery storage plan
Independent energy firm NatPower and Tesla said on Tuesday they had reached a deal to build 25 gigawatt hours of battery storage in Italy and Britain, the first phase of a project worth up to US$5 billion.
Public Storage expands into Canada with US$1.2 billion buy
U.S. self-storage operator Public Storage said on Monday it would buy Public Storage Canada, a separate company operating under the same brand, in a stock-and-cash deal valued at about US$1.2 billion.