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Private Credit Fund Results Expose Pockets of Market Stress

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From a custom tile maker to a funeral service provider, a number of companies financed by private lenders started showing signs of stress in the first quarter, according to recent results from business development companies. Market watchers say the trend is likely to accelerate as effects of the global trade war weigh on borrowers.

The construction of a road in Brazil draws criticism before first-ever climate talks in the Amazon

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BELEM, Brazil (AP) — In the run-up to the annual U.N. climate conference, set to take place in Brazil’s Amazon in November, the construction of a road is drawing attention, with critics arguing it will lead to environmental degradation. Before the talks, called COP30, the state government of Para is building a 13-kilometer (8-mile) avenue […]

LG Electronics to Build $600 Million India Plant Amid IPO Pause

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LG Electronics India Ltd. will build its third plant in India, signaling its growth plans in the fifth-largest economy despite deferring its $1 billion-plus public listing in the county.

BOE Cuts Rates to 4.25% in Split Vote as Tariffs Hit Growth

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The Bank of England cut interest rates by a quarter point to 4.25% as Donald Trump’s global trade war weighs on UK growth, in a decision that split senior officials into three groups and was made before the US president hinted at an imminent deal to lower tariffs on British exports.

Red Pine Commences Focused Surface Drilling Program to Assess Potential for Near-Term, Open Pit Production

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TORONTO, May 08, 2025 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce that it is evaluating the potential of developing an early-stage open pit operation at its Wawa Gold Project, Ontario. Management has initiated a review to assess the viability of near-term, open […]

Brookfield Corporation Reports 27% Increase in Distributable Earnings to $1.5 Billion

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$850 million of Shares Repurchased to Date in 2025 Deployable Capital Increases to a Record $165 billion BROOKFIELD, Nnews, May 08, 2025 (GLOBE NEWSWIRE) — Brookfield Corporation (NYSE: BN, TSX: BN) announced strong financial results for the quarter ended March 31, 2025. Nick Goodman, President of Brookfield Corporation, said, “Our business performed well in the first […]

India Shuts Over 25 Airports Near Pakistan as Tensions Mount

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India has halted civilian flights to more airports that are relatively closer to Pakistan, people familiar with the matter said, signaling escalating tensions after New Delhi carried out military strikes in its neighbor’s territory.

Emera Reports 2025 First Quarter Financial Results

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HALIFAX, Nova Scotia — Today, Emera (TSX: EMA) reported 2025 first quarter financial results. Highlights Emera delivers strong first quarter results. Quarterly adjusted earnings per share (“EPS”)(1) grew 68% to $1.28 in Q1 2025 compared to $0.76 in Q1 2024 driven by robust performance from across its portfolio Quarterly reported EPS increased to $1.96 in […]

BP-Shell Megadeal Would Create European Rival to Exxon Mobil

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If Shell Plc were to acquire BP Plc, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil Corp. and Chevron Corp.

Major Indonesia Nickel Plant Restarts After Deadly Landslide

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A nickel plant at a major metal-processing hub in Indonesia has restarted after a deadly landslide in March forced a suspension of virtually all production.

US and UK expected to make announcements after Trump touts a ‘major trade deal’

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WASHINGTON (AP) — The United States and Britain are expected to announce a trade deal on Thursday that will lower the burden of President Donald Trump’s sweeping tariffs and potentially deliver a political victory for Prime Minister Keir Starmer. Trump said on Wednesday that he would announce a “major trade deal” with a “big, highly […]

Norway Keeps Rate at 16-Year High With Pledge of Cuts to Come

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Norway’s central bank kept borrowing costs steady for its 11th consecutive meeting, and reiterated its plan to begin easing later this year.

Quectel, Giesecke+Devrient and Vodafone IoT collaborate to drive iSIM adoption in 2025

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BELGRADE, Serbia — Quectel Wireless Solutions, a global IoT solutions provider, is collaborating with companies across the integrated SIM (iSIM) value chain to simplify and accelerate iSIM adoption. Quectel, together with Giesecke + Devrient (G+D) and Vodafone IoT, have collaborated to streamline iSIM processes, create more tightly integrated market offerings and accelerate iSIM adoption in […]

Corsair Capital Announces Close of ~$600 Million Multi-Asset Continuation Vehicle and Secondary Fund

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Corsair received strong support from new and existing limited partners to back portfolio of leading European financial services assets LONDON & NEW YORK — Corsair Capital (“Corsair”), a specialist investment firm targeting payments, software, and business services investments in the financial services market, announced that it has successfully raised ~$600 million in commitments closing its […]

Xsolla Acquires Ludo to Advance Player Engagement and Monetization

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The Acquisition Integrates Ludo’s Code-Free Questing Platform into Xsolla’s Web Shop Solution to Deepen Player Connection and Drive Monetization LOS ANGELES — Xsolla, a global leader in video game commerce, is pleased to announce the acquisition of Ludo, a platform designed to drive community engagement through code-free social quests. This strategic acquisition brings Ludo’s innovative […]

Sweden Avoids Rate Cut for Now But Shifts Stance Toward Easing

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The Riksbank kept its interest rate unchanged but signaled a bias toward easing as policymakers gauge the impact of US President Donald Trump’s trade war.

EAACI Hong Kong Allergy School 2025: A Landmark in Global Allergy Education

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ZURICH, May 08, 2025 (GLOBE NEWSWIRE) — The European Academy of Allergy & Clinical Immunology (EAACI), in partnership with the Hong Kong Institute of Allergy (HKIA), is proud to announce the inaugural EAACI Hong Kong Allergy School. This significant milestone will unfold in Hong Kong – Asia’s World City – a dynamic hub where East […]

Labour Should Be Ready to Bend Rules During Trade Talks, IPPR Says

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The UK’s Labour government must be willing to bend international rules and ease its concerns over other countries’ human rights records when negotiating new trade partnerships, the left-wing Institute for Public Policy Research think tank said.

Almonty Announces Results of Annual General and Special Meeting of Shareholders

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TORONTO — Almonty Industries Inc. (“Almonty” or the “Company“) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, announces the results of its annual general and special meeting of shareholders (the “Meeting”) held today. 1. ELECTION OF DIRECTORS The seven (7) nominees listed in the Company’s management information circular […]

European Stocks Steady After ECB Cuts Rates Amid Earnings

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European equities stalled after the European Central Bank cut interest rates for the seventh time as global trade tensions threaten to derail the region’s economic recovery.

TenneT to Restructure Funding to Split Dutch, German Operations

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TenneT Holding B.V. is planning to restructure its balance sheet as it prepares to split its Dutch and German operations.

Putin Met Iran’s Foreign Minister Ahead of Tehran’s Next Talks With US

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Russian President Vladimir Putin met Iran’s top diplomat ahead of a second round of talks between the US and the Islamic Republic aimed at resolving the standoff over Tehran’s nuclear program.

Generis Group Recognized Among The Americas’ Fastest-Growing Companies 2025 by the Financial Times and Statista

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The company ranks with a three-year absolute revenue growth rate of 123% TORONTO — Generis Group, an award-winning global B2B event organizer, is proud to announce its inclusion in the Financial Times and Statista’s 2025 ranking of The Americas’ Fastest-Growing Companies. Generis ranked 226th on this year’s prestigious list, with an impressive absolute growth rate […]

Canada Pensions Target Europe With Trump Shaking Up World Order

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Canada’s biggest pension funds increased their ownership of US assets in recent years to tap into strong economic growth. President Donald Trump’s agenda now has some eyeing Europe as an attractive spot for capital.

The Quebec Resale Market Remains Robust in the First Quarter Despite Unprecedented Uncertainty

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L’ÎLE-DES-SŒURS, Quebec, April 11, 2025 (GLOBE NEWSWIRE) — The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the province of Quebec, based on the real estate brokers’ Centris provincial database. Province-wide residential sales totalled 24,070 in the first quarter of 2025, a relatively strong increase […]

US, EU and Canada Dietary Supplements Regulatory Compliance Training Course (ONLINE EVENT: June 10-12, 2025) – ResearchAndMarkets.com

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DUBLIN — The “Regulatory Compliance for Dietary Supplements in the US, EU and Canada” training has been added to ResearchAndMarkets.com’s offering. A nutraceutical product with quality as good as a pharmaceutical drug is possible when you apply the required GMP norms. Technological feasibility, safety, and cost efficiency are a few things to take into consideration […]

EU Races to Expand €2 Trillion Trade Network as US Links Sour

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The European Union is racing to clinch trade deals with countries around the world in an effort to diversify away from an increasingly protectionist US as officials worry that the transatlantic relationship has been irreversibly damaged.

US Firms Are Losing Their Appeal Among Europe’s Credit Investors

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European credit investors are dialing back exposure to the US to recession proof their portfolios as President Donald Trump’s unpredictable tariff policy clouds the outlook for the world’s biggest economy.

Crumbling bridges slow traffic and the economy in Germany. Can more money fix the problem?

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BAD SCHANDAU, Germany (AP) — Germany’s reputation for efficiency is taking a hit from crumbling concrete. Cracks and collapses are also a risk to its economy, Europe’s biggest. The European Union’s most populous member is trying to turn around a problem with worn-out infrastructure — including about 4,000 bridges that need modernizing or replacing over […]

Australian Billionaire to Face Deposition in Tudor Jones Suit

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Australian mining billionaire Andrew “Twiggy” Forrest was ordered to sit for a seven-hour deposition as his US legal battle intensifies with hedge fund mogul Paul Tudor Jones II over a soured green energy partnership.

Oil’s Selloff Gathers Pace as Trade War Roils Global Markets

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Oil headed for a second weekly loss as mounting disorder in global markets triggered by US President Donald Trump’s aggressive trade policy spurred concerns about a recession and a flight from risk.

UK Funds Military Drones for Ukraine Amid Ceasefire Push

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The UK and Norway will help fund the delivery of hundreds of thousands of drones to Ukraine, as European allies seek to put the war-torn nation in the best possible position amid faltering progress toward a ceasefire with its Russian invaders.

Postmedia Reports Second Quarter Results

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TORONTO — Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today released financial information for the three and six months ended February 28, 2025. “As one of the largest independent Canadian news media organizations, our strength has always been rooted in our deep connection to communities across the country,” said Andrew MacLeod, Postmedia President and […]

Alberta bill enables hydrogen home heating, electricity market remodelling

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EDMONTON — Alberta’s government is looking to give the green light to hydrogen as a home and commercial heating fuel in a move it says will boost demand and reduce emissions. If passed, legislation tabled by Utilities Minister Nathan Neudorf would allow utility companies to blend hydrogen into their supply of natural gas. Neudorf told […]

Prospera Energy Announces Leadership and Operations Update

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CALGARY, Alberta, April 10, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera“, “PEI” or the “Corporation“) Leadership AnnouncementProspera Energy is pleased to announce key appointments to its leadership team, positioning the Company for sustained long term success. Effective immediately, Shubham Garg, who has served as Chairman of the Board since October […]

Lyft and StackAdapt Drive Innovation in Locally Relevant Advertising

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Industry-first collaboration enables programmatic in-app ads offering advertisers a direct path to engage consumers on the go TORONTO — StackAdapt ( www.stackadapt.com), the leading multi-channel advertising platform, has partnered with Lyft Media to launch programmatic in-app advertising within the Lyft app. Through a strategic partnership with Kevel, the leading provider of API-based media ad serving […]

How Climate Tech Investing Is Being Shaped by Trump’s Tariffs and Orders

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The last six months have given the US climate tech sector an extreme case of whiplash, yet venture funding to the industry is on the rise.

Kontrol Technologies Announces New Intended Normal Course Issuer Bid Through Cboe Canada

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TORONTO — Kontrol Technologies Corp. (Cboe CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”) announces that it intends to implement a new Normal Course Issuer Bid (the “NCIB”) program to buy back common shares of Kontrol through the facilities of Cboe Canada Inc. (“Cboe Canada”) and/or alternative Canadian trading systems. The NCIB has been approved by […]

Global Bond Markets Reel From Fallout of Treasuries’ Wild Ride

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Global bonds reacted violently to a turbulent day for US Treasuries, with markets rapidly unwinding bets on interest-rate cuts in the wake of US President Donald Trump’s surprise pause on tariffs.

Chelsea Football Club Select World-Class Technology Partner FPT to Drive Global Transformation

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LONDON — Chelsea Football Club is excited to announce an innovative global partnership with FPT Corporation (FPT), Vietnam’s most successful technology solutions provider, who specialise in supporting the digital transformation journeys of several of the world’s largest organisations with AI-enabled services and solutions. Chelsea FC and FPT share a bold vision to transform how the […]

AI Data Center Growth Means More Coal and Gas Plants, IEA Says

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Growth in artificial intelligence-focused data centers will drive demand for gas- and coal-fired power plants, according to a new report from the International Energy Agency.

Bombardier’s New Abu Dhabi Service Facility Highlights Ongoing Commitment to the Region as Customer Support Footprint Continues to Grow Around the World

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Located at Al Bateen Executive Airport, the new service facility will be an important hub for Bombardier business aircraft in the Middle East The approximately 120,000 sq. ft. service facility will provide quick, easy and convenient maintenance, repair and overhaul (MRO) capabilities for all Bombardier business aircraft Abu Dhabi is a dynamic financial hub for […]

AI Chipmaking Emissions Surged Fourfold in 2024, Greenpeace Says

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Emissions generated from the production of semiconductors that underpin AI services grew more than fourfold in 2024, according to a Greenpeace analysis of company and publicly available data.

Asia shares jump after US stocks soared to historic gains when Trump paused most of his tariffs

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TOKYO (AP) — Asian shares surged in Thursday trading, with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ‘s decision to back off on most of his tariffs. Analysts had expected the regional comeback given that U.S. stocks had one of their best […]

New Zealand Proposes Rules-Based Trading Bloc to Counter Tariffs

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New Zealand Prime Minister Christopher Luxon is proposing the formation of a rules-based trading bloc in response to sweeping US tariffs that threaten to hurt economies reliant on global trade.

Bond Chaos, Deal Mania and Jamie Dimon: Inside Trump’s Tariff Reversal

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As Donald Trump’s sweeping “reciprocal” tariffs took effect just after midnight on Wednesday, the president was watching the bond market.

US DOT Sees 7% of Workers Aiming to Take Second Buyout Offer

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About 4,000 employees at the US Department of Transportation are seeking to take a second buyout offer made available last week as part of a broader effort to curtail the size of the federal workforce, according to a person familiar with the matter.

Thyssenkrupp Weighs Exit Options of Materials Trading Unit

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ThyssenKrupp AG is exploring exit options for its materials trading unit that could be valued at as much as €2 billion ($2.2 billion) in a deal, people familiar with the matter said, as the sprawling industrial conglomerate looks to streamline operations.

Lego Opens New Vietnam Plant as US Tariffs Hit Global Markets

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Lego A/S is undaunted by the wave of new tariffs President Donald Trump unleashed on US trading partners as the world’s largest toymaker opened a new production complex in Vietnam.

Battered Clean Energy a Focus as Tariffs Spur Take-Private Push

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Clean energy dealmakers are anticipating a new wave of take-private opportunities in the sector as US President Donald Trump’s tariffs rattle global public markets.