Ex-Bank of England governor Mark Carney named next Canadian PM March 10, 2025 Former Bank of England governor Mark Carney has been named the next Canadian prime minister after winning his party leadership vote in a landslide. Carney won 85.9 per cent of the vote in the Liberal Party leadership contest and will succeed Justin Trudeau, who has been in office for nine years. He served as the [...]
WNBA: Serena Williams joins ownership group of basketball franchise March 4, 2025 Tennis superstar Serena Williams has joined the ownership group for a Women’s National Basketball Association (WNBA) expansion franchise. Toronto Tempo have welcomed the 43-year-old into their group alongside Larry Tanenbaum, who is the chairman of controllers Kilmer Sports Ventures and owns the likes of AS Saint-Étienne of Ligue 1. The WNBA has 13 teams but [...]
Canada and Mexico tariffs: No10 stresses ‘balanced’ trade relationship with US March 4, 2025 The UK has a “strong, fair, balanced and reciprocal trading relationship” with the United States, No10 has stressed, as US tariffs came into force against Canada and Mexico. President Trump’s tariffs on goods from Canada and Mexico took effect on Tuesday, with global markets put on edge and retaliations planned by the two countries – [...]
Canada wants to restart trade talks with UK, amid Trump tariffs row February 5, 2025 Canada wants to restart discussions on a free trade deal with the UK, amid a row with US President Donald Trump over tariffs. It comes as Trump put a pause on the 25 per cent tariffs he plans to impose on Canadian imports, after Canadian Prime Minister Justin Trudeau struck a deal over migration and [...]
China strikes back on Trump tariffs as Mexico and Canada get reprieve February 4, 2025 The response came just hours after Trump imposed 10 tariffs on all goods coming from China.
Trump’s tariffs reveal reality of Dealmaker-in-Chief February 4, 2025 Things happen quickly in Trump’s America. On Saturday, the US President announced sweeping tariffs on imports from China, Canada and Mexico, in a move that sparked panic among allies as far away as Japan and the EU. By yesterday afternoon, analysts were predicting that the Canadian and Mexican economies would be plunged into recession as [...]
Markets post modest recovery after Trump delays tariffs on Mexico February 3, 2025 Markets recovered some ground on Monday afternoon after last minute concessions persuaded Donald Trump to delay imposing tariffs on Mexico. But investors in many parts of the world were still left nursing heavy losses, having underestimated the risks around the President’s trade plans. Over the weekend, the US announced 25 per cent additional tariffs on [...]
Warnings Trump tariffs on China and allies risk economic disruption February 1, 2025 New trade penalties against Canada, Mexico and China that US President Donald Trump plans to impose represent an aggressive early move against America’s three largest trading partners – but at the risk of higher inflation and possible disruptions to the global economy. In Trump’s view, the 25 per cent tariffs against the two North American [...]
President Trump threatens to double tax rates for foreign firms January 22, 2025 Donald Trump has threatened to double tax rates for foreign nationals and companies in the US in what he said was a bid to hit back at “discriminatory” duties on American firms. The President set out a memo on his ‘America first’ trade policy on Monday which referred to an almost 100-year old element of [...]
Ex-Bank of England governor Mark Carney enters race to be Canadian PM January 17, 2025 Former Bank of England governor Mark Carney has entered the race to replace Canadian prime minister Justin Trudeau. “I’m doing this because Canada is the best country in the world, but it could still be even better,” said Carney as he formally announced his bid in Alberta. The announcement came after months of speculation over [...]