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Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

by Walter Watson
Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

The Industrial and Commercial Bank of China’s (ICBC) U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Thursday, the latest in a …

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Bank of Canada officials split on need for more rate hikes, deliberations show

by Anas Siddiqui
Bank of Canada officials split on need for more rate hikes, deliberations show

Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates may need to rise further. …

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Ethics watchdog investigating Zara Canada over alleged ties to forced labour

by Anas Siddiqui
Ethics watchdog investigating Zara Canada over alleged ties to forced labour

Canada’s corporate ethics czar says it has launched a fact-finding investigation into allegations that Zara Canada Inc. is working with companies that use forced labour in China. The Canadian Ombudsperson …

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CRTC allows smaller internet companies to sell service over telecoms’ fibre networks

by Anas Siddiqui
CRTC allows smaller internet companies to sell service over telecoms’ fibre networks

Politics Canada’s national telecommunications regulator says it will allow independent competitors to sell internet services over the large telephone companies’ fibre networks in Ontario and Quebec. Regulator says its review …

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Biden to bring in sweeping new rules to govern the use of AI

by Walter Watson
Biden to bring in sweeping new rules to govern the use of AI

President Joe Biden on Monday will sign a sweeping executive order to guide the development of artificial intelligence — requiring industry to develop safety and security standards, introducing new consumer …

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Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

by Anas Siddiqui
Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

With their high greenhouse gas emissions and record profits, oil and gas companies are facing new pressure across party lines on Parliament Hill. That pressure includes accusations of price “gouging” and …

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Why so much recycled clothing is still going in the garbage

by Anas Siddiqui
Why so much recycled clothing is still going in the garbage

Retail brands like H&M, The Gap and Nike have gone to great lengths to satisfy growing consumer demand for sustainable clothing, but many of the companies’ labels and claims do …

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Joseph D. Emerson: What we know about the off-duty Alaska Airlines pilot accused of trying to shut off a plane’s engines mid-flight

by Sam Bailey
Joseph D. Emerson: What we know about the off-duty Alaska Airlines pilot accused of trying to shut off a plane’s engines mid-flight

CNN – The off-duty pilot, Joseph D. Emerson, who allegedly attempted to shut down the engines of an Alaska Airlines plane midflight on Sunday, has claimed that he was experiencing …

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Plenty of dreamers, not enough doers: Canada’s entrepreneur shortage and how it might be fixed

by Anas Siddiqui
Plenty of dreamers, not enough doers: Canada’s entrepreneur shortage and how it might be fixed

When James Lynn lost his job early in the COVID-19 pandemic, he decided to pursue his dream of becoming an entrepreneur. It hasn’t been easy. “You know, entrepreneurship is like …

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Multiple airlines cancel flights across Israel after government declares war

by Sam Bailey
Multiple airlines cancel flights across Israel after government declares war

CNN  —  Multiple airlines have canceled flights in and out of Tel Aviv, home to Israel’s largest international airport, after Israel formally declared war on Hamas. In a statement to …

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