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The Canadian Media

The Canadian Media

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Finance/Business

Canada / Finance/Business

Bank of Canada Governor has cut its key interest rate from 4.25 percent to 3.75 percent

October 24, 2024October 24, 2024 - by cmedia

With the global economy continuing to expand, the Bank of Canada cut its key interest rate Wed from 4.25 per cent to 3.75 percent. This fourth rate cut in a row of half a …

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Finance/Business / Technology

Microsoft-OpenAI ‘bromance’ batters as tensions rise over funding, staff clashes, and new AI deals

October 21, 2024October 21, 2024 - by cmedia

#OpenAI, #ChatGpt, #SamAltman, #Microsoft, #AI, #SatyaNadella San Francisco/IBNS-CMEDIA: Sam Altman, co-founder of OpenAI, once described the company’s partnership with Microsoft as “the best bromance in tech.” However, this relationship is now strained, as Microsoft appears …

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Finance/Business

Billionaire Adar Poonawalla acquires 50 percent stake in Karan Johar’s Dharma Productions

October 21, 2024October 21, 2024 - by cmedia

#DharmaProductions, #AdarPoonwalla, #KaranJohar Mumbai/IBNS-CMEDIA: Billionaire Adar Poonwalla has acquired a 50 percent stake in filmmaker Karan Johar’s Dharma Productions, media reports said. Poonawalla’s Serene Entertainment has bought the stake at Rs. 1,000 …

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Finance/Business

Google’s leadership reshuffling causes Prabhakar Raghavan, advertising head & search to step down

October 19, 2024October 19, 2024 - by cmedia

#Google, #SundarPichai, #PrabhakarRaghavan California/IBNS-CMEDIA: Google has announced a significant leadership restructuring within the company. In a memo to employees, Alphabet and Google CEO Sundar Pichai shared that Prabhakar Raghavan, who has served …

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Finance/Business

MEA spokesperson says ‘Canada benefits from trade with India; Trudeau govt’s baseless allegations cause of crisis’

October 17, 2024October 17, 2024 - by cmedia

#Canada, #India, #IndiaCanadaTrade, #Trade, #JustinTrudeau New Delhi/IBNS-CMEDIA: Canada is a major beneficiary of the India-Canada economic ties, Ministry of External Affairs spokesperson Randhir Jaiswal said on Thursday, asserting that the current crisis in the …

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Finance/Business

Nobel Prize in economic sciences awarded to Daron Acemoglu, Simon Johnson and James A. Robinson

October 14, 2024October 14, 2024 - by cmedia

#NobelPrize, #Economics, #DaronAcemoglu, #SimonJohnson, #JamesARobinson IBNS-CMEDIA: Three economists have been awarded the Nobel Prize for their studies of ‘how institutions are formed and affect prosperity’. Daron Acemoglu, Simon Johnson and James A. Robinson have …

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Canada / Finance/Business

Canada’s addition of 47,000 new jobs in Sept lowers unemployment rate

October 11, 2024October 11, 2024 - by cmedia

CMEDIA/Toronto: The Canadian labour market’s addition of  47,000 jobs in Sept led to the decline of the unemployment rate for the first time since January to 6.5, Statistics Canada reported …

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Finance/Business

Noel Tata, half-brother of Ratan Tata, appointed as Tata Trusts chairman

October 11, 2024October 11, 2024 - by cmedia

#NoelTata, #RatanTata, #TataTrusts, #TataTrustsChairman New Delhi/IBNS-CMEDIA: Noel Tata, the half-brother of industrialist Ratan Tata who passed away on Wednesday, has been appointed as the chairman of Tata Trusts, media reports said. The announcement …

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Finance/Business

European Union to proceed with significant tariffs on Chinese EVs: Report

October 6, 2024October 6, 2024 - by cmedia

#EU, #EuropeanCommission, #EV, #ChineseEV, #Tariff, #EUTariff Brussels/IBNS-CMEDIA: The European Union plans to proceed with imposing major tariffs on Chinese-made electric vehicles, the EU executive announced on Friday, despite opposition from Germany, the bloc’s largest economy, …

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Energy / Finance/Business

Jobs in renewable energy record highest annual growth rate, reaching 16.2 million

October 2, 2024October 2, 2024 - by cmedia

ABU DHABI/GENEVA (IRENA/ILO News): 2023 saw the largest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs …

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Asha Bajaj, Editor

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