Business

Seoul and Ottawa Deepen Industrial Ties, Leveraging Defence Projects for Broader Economic Integration

Senior delegations from Canada and South Korea met in Ottawa to solidify cooperation under the 'Invest in Canada' framework, targeting deeper integration across manufacturing and critical supply chains. Major defence modernization programs, notably Canada's Patrol Submarine Project (CPSP), are being framed as catalysts for extensive Korean investment beyond defence into sectors like clean energy and advanced materials.

Tesla Posts First Annual Revenue Decline Amid Strategic Pivot to AI Investment

Elon Musk’s Tesla reported its first-ever annual revenue contraction for 2025, signaling a significant slowdown in its core automotive segment. The results contrast sharply with robust earnings from tech peers like Meta and Microsoft, highlighting divergent trajectories in the technology sector. Tesla simultaneously announced a substantial $2 billion investment into Musk’s AI venture, xAI, signaling a strategic pivot away from pure automotive reliance.

Powell Dismisses Gold's Ascent Above $5,300, Reasserts Fed Credibility Amid Inflationary Pressures

Wall Street Giants Align with Policy Initiative: Major Banks Match New Federal Child Savings Contributions

US States Confront Fiscal Abyss as Political Push Targets Total Elimination of Homeowner Property Taxes

Amazon Confirms 16,000 Job Cuts Following Unintended Leak of Redundancy Notice