Read the latest news from regional and global sources, presenting different voices and perspectives.
PETRONAS stays committed to its Canadian business
The Malaysian Star
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June 4, 2025
PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) has said that it remains committed to its investments in Canada, where it operates the North Montney joint venture upstream gas development. In a statement, the national oil company said it is a...
Canada Post Denies Union’s Request to Settle New Deal Via Arbitration
Sourcing Journal - New York
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June 3, 2025
Canada Post and its 55,000-member postal worker union are taking different sides on how they want to resolve their 18-month-long labor dispute. Over the weekend, the Canadian Union of Postal Workers (CUPW) requested the national courier to take...
Canada's reopened cod fishery on shaky ground
Stowe Reporter - Vermont
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Canada has lifted a three-decade moratorium on commercial cod fishing, but there are signs Atlantic stocks have not fully recovered, raising questions about the government's rosy outlook for the sector. The fishery off the coast of the nation's...
Canada Big Five set aside C$1.7bn amid tariff uncertainty
Risk.net
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June 4, 2025
Canada’s five largest lenders collectively set aside C$1.7 billion ($1.3 billion) in provisions for performing loans in the three months ending April 30, reflecting a deteriorating macroeconomic outlook influenced by escalating trade tensions and...
Canada Wildfires Trigger More Oil Gains As Supply Concerns Take Hold
Ship & Bunker
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June 3, 2025
Meanwhile, Trump's sanctions against Venezuela are having minimal effect: File Image/Pixabay Oil on Tuesday extended its gains as concerns over the latest bumper increase from the Organization of the Petroleum Exporting Countries (OPEC) were...
Canadian wildfire smoke causes ‘very unhealthy’ conditions in American Midwest
The Inter-Mountain - West Virginia
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June 4, 2025
MINNEAPOLIS (AP) — Smoke from Canadian wildfires carried another day of poor air quality south of the border to the Midwest, where conditions in parts of Minnesota, Wisconsin and Michigan were rated “very unhealthy” on Tuesday. The fires have...
Business : Petronas Maintaining Operations In Canada
Bernama
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June 4, 2025
KUALA LUMPUR, June 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) today denied news reports claiming the national oil firm is leaving Canada. “Any reports that claim Petronas is leaving Canada are inaccurate,” Petronas said in a reply to...
Market Talk - Tuesday, June 3
myMotherLode - California
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Tuesday, June 3, 2025 4:49 PM EDT Image Source: Pixabay ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 23.86 points or -0.06% to 37,446.81 • Shanghai increased 14.49 points or 0.43% to 3,361.98 • Hang Seng...
Canadian wildfires bring air quality issues to York County Wednesday
The York Dispatch - Pennsylvania
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York County and most of eastern Pennsylvania is under a Code Orange Air Quality Action Day on Wednesday. Mostly sunny skies will combine with a thin layer of smoke from the Canadian wildfires to develop ozone, according to DEP. Children, seniors...
Market exchange rates in China -- June 4
Xinhua News Agency
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BEIJING, June 4 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System: Currency Unit Central parity rate...
Canadian mfg. slump persists in May amid tariff pressures and job loss: S&P Global PMI
Plant
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June 3, 2025
Canada’s manufacturing sector remained under pressure in May, with both production and new orders continuing to decline, according to the latest report from S&P Global. The downturn was largely attributed to the ongoing impact of tariffs, which...
Canada’s Absurd Sabre-Rattling Against America
Canada Free Press
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Over many long decades, Canada has leaned on their next door southern neighbor for the comfort and protection of defense—should National Security ever become an issue. It can honestly be stated that Canada has been extremely fortunate to have such...
What Trump America needs to understand: A country is not a corporation
The Indian Express
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June 4, 2025
Several years ago, Nobel-Prize-winning economist Paul Krugman wrote an insightful article, ‘A Country is not a Company’, in which he argued that business leaders need to understand the difference between economic policy on the national and...
Canada Introduces Strong Borders Act to Combat Crime and Tighten Border Security
South Asian Daily
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June 3, 2025
Public Safety Minister Gary Anandasangaree has introduced new legislation aimed at fortifying Canada’s borders against organized crime and drug trafficking. Known as Bill C-2, the Strong Borders Act focuses on three key areas: cracking down on...
Fisher Investments Canada: History doesn’t repeat itself, but it does often rhyme
Devon Dispatch
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At Fisher Investments Canada, we have a saying: “History doesn’t repeat itself, but it does often rhyme.” Although events today can seem unprecedented, rarely is that true and even more rarely does it have a lasting, material impact on the stock...
WCS crude price differentials tighten as wildfires disrupt Canadian crude production
Hellenic Shipping News
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June 3, 2025
Canadian heavy crude price discounts tightened on June 2 as wildfires sweeping across northern Canada caused producers to shut in nearly 350,000 b/d of output. Western Canadian Select at Hardisty, Alberta, was traded at an $8.50/b discount to WTI...
Editorial: Canada’s warriors deserve proper recognition and honour
The Manitoulin Expositor
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June 4, 2025
Canada is currently facing a crisis in its recruitment drives as not enough people are signing up to serve their country—and among those who do, too many are opting to walk away after they have completed their initial training. The forces who are...
Ambani sets sight on Castrol, plans to buy BP’s lubricant business in multibillion-dollar deal – What we know so far
Financial Express
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Mukesh Ambani’s Reliance Industries Limited is leading the Indian effort to acquire British oil and energy giant BP, which is on its way to sell the famous lubricant brand, Castrol. With numerous firms already showing their interest in snapping up...
Protestors came to disrupt a hotel conference. Lodging company CEOs were unfazed.
Hotels Mag
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NEW YORK — Not even a strident protest could derail lodging company CEOs from staying on message. Shortly after the start of the CEO panel at NYU IHIF, at the Marriott Marquis, demonstrators outside the conference space could be heard blowing...
Speakers To Discuss State of North American Industry at FGIA Virtual Summer Summit
Metal Construction News - New York
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June 3, 2025
Rhett Bender of Ducker Carlisle (left) and Louis-Philippe Champagne with the Canadian Construction Association will serve as speakers at the Fenestration and Glazing Industry’s Virtual Summer Summit. With all eyes on the economy, speakers at the...