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Billions in carbon rebates for small businesses won’t be taxed, Ottawa confirms

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Legislation still needs to be passed and businesses will likely need to file amended returns to get the cash, Deloitte says

Empire, Lactalis Canada become first to officially sign on to grocery code of conduct

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Sobeys parent company Empire Co. Ltd. has officially signed on as the first retailer member of Canada’s new grocery code of conduct, as work continues to develop governance rules for members ahead of a full implementation by Jan. 1. The Office of the Grocery Sector Code of Conduct said Wednesday that dairy product-maker Lactalis Canada […]

Axis Insurance Expands Operations with the Joining of JT Insurance

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VANCOUVER, British Columbia — Axis Insurance Managers Inc. (Axis Insurance) is pleased to announce that J.T. Insurance Services (Canada), Inc. has officially joined the firm. Established in 1969, JT Insurance has built a strong reputation for its expertise in real estate, construction, and serving high-net-worth clients. Their expertise in these key sectors strengthens Axis Insurance’s […]

Arbitration Claim Update

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VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) — Lupaka Gold Corp. (“Lupaka” or the “Company”) (TSX-V: LPK, FRA: LQP) is very pleased to announce that on June 30, 2025 it has received the Final Award from the Arbitral Tribunal in the arbitration initiated by the Company against the Republic of Peru for violation of […]

Highland Copper Provides Update on Michigan State Grant and Other Catalyts at the Copperwood Project

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VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) — Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland” or the “Company”) is pleased to provide an update on its 100%-owned Copperwood Project (“Copperwood”), which continues to make significant progress toward a near-term construction decision. Michigan State Grant: As previously announced, the Copperwood project is under […]

WSIB Quietly Outsources Union Work During Strike, Union Says

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TORONTO — The Ontario Compensation Employees Union (OCEU/CUPE 1750) is raising the alarm after internal documents reveal the Workplace Safety and Insurance Board (WSIB) has begun outsourcing core work performed by striking frontline workers. An internal message sent to WSIB staff outlines a trial program that allows contracted health-care providers to contact employers directly and […]

Fire that shut Heathrow was caused by a preventable technical fault known for years, report finds

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LONDON (AP) — An electrical substation fire that shut down Heathrow Airport, canceling more than 1,300 flights, was caused by a preventable technical fault identified almost seven years earlier, a report found Wednesday. Europe’s busiest air hub shut for about 18 hours in March after a fire knocked out one of the three electrical substations […]

Lomiko Metals Announces Industry and Corporate Update

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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL — Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) is pleased to provide a graphite industry update and corporate update. Gordana Slepcev, CEO, President, and Director, stated: “We are excited to see that world leaders are focusing […]

Expanding the Frontier of Device Management: Friendly Becomes prpl Foundation Member

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NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) — Friendly Technologies, the leading provider of carrier-grade IoT and device management solutions, is proud to announce its official membership in the prpl Foundation, a collaborative community dedicated to open-source and open-standard development for next-generation connected devices. With a legacy of innovation in TR-069 and TR-369 protocol management, […]

Qantas Says ‘Significant’ Cyberattack Targeted Flyers’ Data

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Qantas Airways Ltd. expects that a “significant” amount of customer data was stolen by a cyberattack targeting one of its contact centers.

RBI Panel Likely to Recommend India Retains 4% Inflation Target

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An internal committee of the Reserve Bank of India is in favor of retaining the current inflation target in an upcoming government review, according to people familiar with the matter, giving investors some reassurance about the continuity of monetary policy.

WSIB Workers to Hold Information Picket at Union Station as Strike Enters July

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TORONTO — As the WSIB strike enters its third month, members of the Ontario Compensation Employees Union (OCEU/CUPE Local 1750) will hold an information picket at Toronto’s Union Station on Tuesday, July 2, from 10 a.m. to 2 p.m. The action aims to educate commuters returning to work after the long weekend about the ongoing […]

Access Advance Welcomes Global Technology Leaders as Licensees and Licensors to New Video Distribution Patent Pool

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BOSTON — Access Advance LLC (“Advance”) today announced the inaugural roster of licensees and licensors for its Video Distribution Patent (“VDP”) Pool, marking a significant milestone in the program’s rapid market adoption since its January announcement. The participation of major global companies heavily involved in video codec technology demonstrates strong industry support for the comprehensive […]

India’s Biocon Aims to Lead Copycat Wegovy Sales in Canada From Next Year

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Biocon Ltd. plans to file for regulatory approvals of generic versions of Novo Nordisk A/S’s Ozempic and Wegovy in key markets as it races to be among the first few to reap a windfall after patents on the blockbuster weight-loss drugs expire next year.

Driving safer workplaces: ASSP launches innovative Safety Trekr AI

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Park Ridge, Illinois, July 01, 2025 (GLOBE NEWSWIRE) — The American Society of Safety Professionals has launched ASSP Safety Trekr AI, a groundbreaking artificial intelligence-powered search tool designed to fundamentally change how safety professionals access critical workplace safety and health guidance. This innovative solution will accelerate and enhance the work of safety professionals, ultimately reducing […]

Alpha Cognition Announces Positive Pre-Clinical Data for ALPHA-1062 Use in a Military Relevant Model of Repetitive Mild Traumatic Brain Injury

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VANCOUVER, British Columbia & DALLAS — Alpha Cognition Inc. (Nasdaq: ACOG) (“Alpha Cognition” [ACI], or the “Company”), a biopharmaceutical company developing novel therapies for debilitating neurodegenerative disorders, today announced preclinical data supporting the continued development of ALPHA-1062 for the treatment of mild traumatic brain injury (mTBI). The data provides additional evidence of benefits of ALPHA-1062, […]

Lululemon’s lawsuit against Costco highlights the rise of fashion ‘dupes’

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NEW YORK (AP) — Fashion “dupes,” or less expensive versions of high-end clothing and other accessories, are just about everywhere these days. They’re also drawing some businesses into legal battles. In the latest example, Lululemon slapped a lawsuit against Costco on Friday, accusing the wholesale club operator of selling lower-priced duplicates of some of its […]

Newmont Announces Second Quarter 2025 Earnings Conference Call

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DENVER — Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) will release its second quarter 2025 results after North American markets close on Thursday, July 24, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Daylight Time the same day, which is 7:30 […]

Constellation Brands Reports First Quarter Fiscal 2026 Financial Results

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ROCHESTER, N.Y., July 01, 2025 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its first quarter fiscal 2026 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on […]

Trump Risks Voter Blowback as ‘One Big Beautiful Bill’ Moves Forward

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The US Senate handed President Donald Trump a major political victory with its Tuesday passage of a sweeping domestic policy bill, bringing him one step closer to a signature legislative achievement in an administration that has largely governed through executive power.

Trump’s Tax Bill Passes US Senate as Republicans Notch Major Win

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Donald Trump’s $3.3 trillion tax and spending cut bill passed the Senate Tuesday after a furious push by Republican leaders to persuade holdouts to back the legislation and hand the president a political win.

NOAA Budget Cuts to Gut Climate and Ocean Research, Slash Jobs

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The National Oceanic and Atmospheric Administration is proposing cutting about 18% of its workforce and slashing $1.5 billion from its budget, including terminating programs to protect coastal communities and research that supports better forecasts and natural disaster prediction.

Canada Recommerce Intelligence Report 2025: $4.72 Bn Market is Advancing Through Retailer Engagement, Platform Expansion, and Circular Policy Alignment – Forecast to 2029 – ResearchAndMarkets.com

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DUBLIN — The “Canada Recommerce Market Intelligence Databook – 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment – Q2 2025 Update” report has been added to ResearchAndMarkets.com’s offering. The recommerce market in Canada is expected to grow by 10.7% on annual basis to reach US$4.72 billion in 2025. The recommerce […]

ReAlign Selects Insurity’s SpatialKey to Accelerate Risk Insights and Portfolio Analysis

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HARTFORD, Conn. — Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced that ReAlign has selected SpatialKey to support its operations in enhancing risk selection and improving decision-making across portfolios. ReAlign, a leading underwriter of program administrator-managed specialty insurance business in the U.S., has selected SpatialKey […]

Morgan Auto Group Adopts Point Predictive’s BorrowerCheck and IEValidate at 77 dealerships to Combat Fraud And Costly Buybacks

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The Leading Dealer Group Will Deploy The Solutions Across Their Dealer Network SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) — Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced a strategic partnership with Morgan Auto Group, one of the nation’s largest automotive dealer groups with 77 dealerships across Florida. The collaboration […]

Beers, Live Music, Hot Dogs and Fireworks: Everything You Need for an Epic 4th Of July Celebration

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Tilray Brands Announces Independence Day Parties Across the U.S. NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company, is excited to share that its craft beer taprooms across the U.S. are rolling out a stellar lineup of events to make […]

Digi Power X Reports 45% Month-Over-Month Increase in Cash and Crypto Position with no Long-Term Debt and Reports June 2025 Production Results

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This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025 MIAMI, July 01, 2025 (GLOBE NEWSWIRE) — Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative […]

Unlocking Possibility: AI HomeDesign Joins Forces with MIAMI REALTORS®

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AI HomeDesign Delivers Scalable Visual Marketing Solution to MIAMI REALTORS®: A Model for MLSs and Brokerages Nationwide Vancouver, British Columbia , July 01, 2025 (GLOBE NEWSWIRE) — VANCOUVER, British Columbia, July 1, 2025 – In a move that reflects a growing industry shift toward smarter, faster, and more visually compelling real estate marketing, AI HomeDesign, […]

Genenta Announces Long-Term Follow-Up Observations in Brain Tumor (GBM) Study with Emerging Survival Signals

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Genitourinary Tumor Study Ongoing with Active Screening and Enrollment MILAN and NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Genenta Science (Nasdaq: GNTA), a pioneer in immuno-oncology, today announced that a total of 38 patients were enrolled in newly diagnosed glioblastoma multiforme (TEM-GBM) study, with 25 patients receiving Temferon. Two patients have been enrolled in […]

Network Failures Cost $5M A Year for More Than a Quarter of Global Businesses, According to Expereo

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Half of global businesses have been forced to urgently re-evaluate their tech infrastructure following a wave of high-profile IT outages LONDON — Network instability is taking a serious toll on global businesses, with over a quarter (28%) reporting revenue losses of up to $5 million due to network outages or poor performance. Alarmingly, an additional […]

The UK, the Netherlands, Egypt and Saudi Arabia among likely winners in the changing world order

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TMF Group today launched its 12th annual study on global business complexity, ranking countries according to the burden of their rules for doing business. LONDON, May 28, 2025 (GLOBE NEWSWIRE) — The Global Business Complexity Index (GBCI) studies over 250 indicators of complexity in 79 jurisdictions that represent 94% of the world’s GDP. The complexity that […]

Zelenskyy visits Berlin as he seeks more support for Ukraine in the war against Russia

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BERLIN (AP) — Ukrainian President Volodymyr Zelenskyy will meet with new German Chancellor Friedrich Merz in Berlin on Wednesday as Ukraine seeks further military support amid a recent escalation in Russia’s bombing campaign, despite U.S.-led efforts to end the war. Germany has been the second-biggest supplier of military aid to Ukraine after the United States. […]

OPEC+ Gathers for Quota Review Before Decision on July Output

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OPEC+ will gather online on Wednesday to review production quotas for this year and next, before eight key members decide at the weekend whether to bolster output again in July.

China’s Answer to World Bank Plans to Open Singapore, HK Offices

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The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would mark its biggest expansion since beginning operations in Beijing almost a decade ago.

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.