Economy · 11 d ago
Ottawa softens its ban on stablecoin yield
Draft federal regulations let stablecoin issuers pay rewards tied to transactions. Ottawa had pledged to ban yield paid directly or indirectly.
Economy
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Economy · 11 d ago
BP pays Louisiana US$350 million to settle Deepwater Horizon claims
Louisiana had been owed US$373 million over the next seven years. It will now receive a single, accelerated payment of US$350 million.
Friday, Oct 23
Economy · 12 d ago
Canada pushes to expand LNG exports as critics raise concerns
LNG Canada approved a $33-billion expansion in late September that will double production at its Kitimat, British Columbia, plant in the coming years.
Economy · 12 d ago
Ryanair's CEO warns of Europe's biggest airfare rise ever
Michael O'Leary expects European fares to rise 10, 15 or maybe 20 per cent over the next 12 months, as fewer seats chase demand.
Economy · 12 d ago
Fuel prices push U.K. inflation to 3.5 per cent
Petrol rose 8.2p a litre in September to 169.5p, and diesel reached 192.5p, as Middle East and European conflicts squeeze oil supplies.
Economy · 12 d ago
Indonesia's president accuses MSCI of trying to intimidate the country
MSCI proposed on Oct 15 to downgrade Indonesia from an emerging market to a standalone market in 2027, citing share-ownership transparency, suspicious trading and weak oversight.
Economy · 12 d ago
GM to close its Brownstown battery assembly plant
The plant south of Detroit assembled battery packs for the Cadillac Celestiq and drive units and packs for the Corvette E-Ray.
Economy · 12 d ago
Global debt tops US$365 trillion as interest costs climb
Global debt rose by US$10 trillion in the first half of 2026, about US$44,000 for every person on Earth.