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Featured

German Auto Giants Face Existential Crisis as China Sales Plummet

Volkswagen, Mercedes-Benz, and BMW are grappling with a severe existential crisis in China, where their once-profitable operations have turned into significant financial burdens. As Chinese competitors dominate the market with superior technology and pricing, German automakers are forced to confront plunging sales figures and consider radical strategic shifts to stem the bleeding.

Mumbai Airport Cargo Halted by Loader Protest; Runway Maintenance Scheduled

Cargo operations at Mumbai’s Air Cargo Complex have halted following an agitation by loaders, prompting the ACC Import Committee to advise importers and exporters to adjust their clearance plans. While the protest disrupts logistics, the airport operator has also announced a temporary six-hour runway shutdown on November 19 for scheduled postmonsoon maintenance.

Last news

EU unblocks funds as Ukraine presses for membership progress

European leaders celebrated the long-awaited approval of the release of a 90-billion-euro ($105-billion) loan for Ukraine on Thursday, but Ukrainian President Volodymyr Zelensky quickly pushed the debate back to his country's EU accession.

Trump says US in no rush but 'clock is ticking' for Iran

President Donald Trump said Thursday the United States is in no rush to end the war with Iran but "the clock is ticking" for the Islamic republic, as a third aircraft carrier arrived in the Middle East.

OpenAI says new model adept at making AI better

OpenAI released a new model it touts as its best yet for handling research work like making improved versions of itself, as rapid-fire releases by AI rivals pick up pace.

Canada not as reliant on US economy as some think: Carney

There is a "misimpression" about the extent of Canada's economic reliance on the United States, Prime Minister Mark Carney said Thursday, again pushing back on suggestions Ottawa must capitulate to Washington's trade demands.

Kanye West to perform on Prague racecourse in July

Controversial rapper Kanye West, also known as Ye, will hold a concert in Prague in July, Zuzana Rambova, director of the Chuchle Arena racecourse hosting the event, said on Thursday.

Africa faces 86 mn tonne fuel shortfall by 2040: report

The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for an 86 million tonne fuel shortfall by 2040, the Africa Finance Corporation (AFC) said Thursday.

Stocks retreat as US-Iran peace talks stall

Stock prices fell across the board Thursday from their recent highs as investors tempered enthusiasm for a quick end to the Middle East war.

Amsterdam airport offers airline discounts over fuel costs

Amsterdam's Schiphol Airport said Thursday it would offer airlines a 10-percent discount on airport charges due to the high price of jet fuel caused by the Iran war.

LVMH's Arnault says to talk of retirement in '7-8 years'

Bernard Arnault, chief executive of the world's biggest luxury conglomerate LVMH, brushed off speculation of his retirement on Thursday, telling shareholders that "we'll talk about all this again in seven to eight years".

US says forces boarded tanker carrying Iranian oil

The US Defense Department said Thursday its forces boarded a vessel in the Indian Ocean that was transporting oil from Iran, as disruption from a stand-off with the Islamic republic continued to batter the world economy.

Portugal picks Air France-KLM and Lufthansa to make offers for TAP

Portugal on Thursday asked Air France-KLM and Lufthansa to make binding offers to buy a controlling stake in TAP Air Portugal, as the government seeks to privatise an airline it rescued during the Covid-19 pandemic.

Nestle sales slump under strong franc but volumes recover

Nestle, the food giant whose brands include Nespresso coffee and Perrier water, saw first-quarter sales figures slump due to the strong value of the Swiss franc and a baby formula recall, but sales volumes overall edged higher.

Oil prices jump, stocks retreat as US-Iran peace talks stall

Oil prices and the dollar jumped Thursday while most equity markets slid as the United States and Iran appeared no closer to resuming peace talks.

Africa faces 86 mn tonne fuel shortfall by 2040: AFC

The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for a 86 million tonne fuel shortfall by 2040, the Africa Finance Corporation (AFC) said Thursday.

Pentagon denies clearing Hormuz Strait mines will take six months

The Pentagon blasted as cherry picking and false on Thursday a news report saying that the department assessed it could take six months to completely clear the Strait of Hormuz of Iranian-laid mines.

EssilorLuxottica sales slide as investors turn wary of AI glasses

Shares in EssilorLuxottica, the world's top maker of eyeglasses, slid on Thursday as analysts said investors have turned wary of AI glasses.

Lufthansa loses fight over bailout at EU top court

German airline giant Lufthansa Thursday lost a legal battle over a six-billion-euro ($7-billion) pandemic-era government bailout when the EU's top court ruled Brussels mishandled its approval of the cash injection.

Eurozone business activity falls on Mideast war

Business activity in the eurozone contracted for the first time in 16 months in April, as the war in the Middle East drove energy prices up and disrupted global supply chains, a closely watched survey showed Thursday.

Electric vehicles supercharge EU car sales

Sales of new cars jumped last month in the European Union as consumers turned to electric vehicles as petrol prices soared due to the war in the Middle East, data showed Thursday.

South Korea e-commerce probe opens rift in US ties

South Korea pushed back on Thursday against criticism of its business environment by US lawmakers, as a rare spat deepens over Seoul's investigation into online retail company Coupang.

US firms voice 'concern' over China's new supply chain rules

China's new supply chain regulations could be a "concern" for US firms, the American Chamber of Commerce in China warned on Thursday.

Redwood AI Announces Chemical Pricing and Availability System Update to Its AI-Powered Platform, Supported by Government of Canada Innovation Funding

VANCOUVER, BC / ACCESS Newswire / April 23, 2026 / Redwood AI Corp. (CSE:AIRX)(OTCQB:RDWCF)(Frankfurt:Y0N, WKN:A422EZ) ("Redwood" or the "Company") is pleased to announce a significant update to the chemical pricing and availability capabilities (the "Update") within its AI-powered chemical synthesis platform, Reactosphere. The Update is supported in part by advisory services and research and development funding provided to Redwood AI Operations Inc., Redwood AI's wholly owned subsidiary, from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP)[1]. The enhanced platform is designed to help chemists and procurement teams make faster, better-informed sourcing decisions in a global market where pricing, availability, tariffs, and logistics can shift quickly, improving cost certainty and supply reliability across the chemical value chain.[2]

Executive Drywall Honoured with 2026 Consumer Choice Award for Drywall Contractor in Northern Alberta

EDMONTON, AB / ACCESS Newswire / April 23, 2026 / Executive Drywall has been named a 2026 Consumer Choice Award winner in the Drywall Contractor category, recognizing its consistent delivery of high standard workmanship and dependable project execution across Northern Alberta.

Quantum Kitchen Countertops Ltd. Recognized as 2026 Consumer Choice Award Winner in Countertops Category for Northern Alberta

EDMONTON, AB / ACCESS Newswire / April 23, 2026 / Quantum Kitchen Countertops Ltd. has been named the 2026 Consumer Choice Award winner in the Countertops category for Northern Alberta, reflecting its strong reputation for quality workmanship and customer-focused service.

N&C Construction Renovation Ltd Named 2026 Consumer Choice Award Winner in Home Renovation Contractor for Northern Alberta

EDMONTON, AB / ACCESS Newswire / April 23, 2026 / N&C Construction Renovation Ltd has been recognized as a 2026 Consumer Choice Award winner in the Home Renovation Contractor category for Northern Alberta. This recognition reflects the company's dedication to delivering high-quality renovations that enhance both the functionality and aesthetic appeal of residential spaces.

Fort Sask Reno Inc. Named 2026 Consumer Choice Award Winner in Construction Consultants & Management for Northern Alberta

EDMONTON, AB / ACCESS Newswire / April 23, 2026 / Fort Sask Reno Inc. has been recognized as a 2026 Consumer Choice Award winner in the Construction Consultants & Management category for Northern Alberta. This recognition highlights the company's commitment to professionally managed renovations, quality workmanship, and exceptional client service.

Inspired Method Recognized as 2026 Consumer Choice Award Winner in Business Coach Category for Northern Alberta

EDMONTON, AB / ACCESS Newswire / April 23, 2026 / Inspired Method has been named the 2026 Consumer Choice Award winner in the Business Coach category for Northern Alberta, a recognition that highlights the company's impactful approach to helping service-based businesses achieve meaningful, sustainable growth.

Infinity Healthcare Recognized with 2026 Consumer Choice Award for Home Care Services in Northern Alberta

EDMONTON, AB / ACCESS Newswire / April 23, 2026 / Consumer Choice Award (CCA) proudly announces Infinity Healthcare as the 2026 winner in the Home Care Services category in Northern Alberta. This recognition highlights the company's commitment to delivering compassionate, personalized in-home care while redefining the role of customer service in healthcare.

Roofmaster Recognized with 2026 Consumer Choice Award for Roofing in Ottawa

OTTAWA, ON / ACCESS Newswire / April 23, 2026 / onsumer Choice Award (CCA) proudly announces Roofmaster as the 2026 winner in the Roofing category in Ottawa. This recognition highlights the company's long-standing commitment to quality workmanship, customer satisfaction, and dependable roofing services throughout the region.

London Bath Centre Marks More Than Two Decades of Service with Its 10th Consumer Choice Award

LONDON, ON / ACCESS Newswire / April 23, 2026 / London Bath Centre has received the 2026 Consumer Choice Award, marking its 10th year of recognition in the Plumbing Fixtures Supplier category. The milestone coincides with more than 22 years of operation serving homeowners, contractors, and renovation professionals in the London area.

Element Windows and Doors Recognized With 2026 Consumer Choice Award in Windsor

WINDSOR, ON / ACCESS Newswire / April 23, 2026 / Element Windows and Doors has received the 2026 Consumer Choice Award in the Windows and Doors category, recognizing its work supporting residential renovation and construction projects in Windsor and surrounding areas.

Ur-Energy Commences Operations at its Shirley Basin ISR Project, Wyoming, Advancing U.S. Uranium Production

CASPER, WY / ACCESS Newswire / April 23, 2026 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company," "Ur-Energy" or "we"), a domestic uranium producer with ISR projects that are among the largest and lowest-cost in the United States, is pleased to announce the start of uranium mining operations at its Shirley Basin Project in Wyoming.