More than 70 are dead after an informal gold mine collapsed in Mali, an official says
By Baba Ahmed, The Associated Press on January 24th, 2024
BAMAKO, Mali (AP) – An official in Mali says more than 70 people are dead after an informal gold mine collapsed late last week, and a search continues amid fears the toll could rise. Karim Berthé, a senior official at the government’s National Geology and Mining Directorate, confirmed the details to The Associated Press on ... Read More »
Be the first to comment!Quebec environmental group seeks court injunction against EV giant Northvolt
By The Canadian Press on January 24th, 2024
MONTREAL – A Quebec environmental group is in court today against Swedish manufacturer Northvolt, arguing that work on its future electric vehicle battery plant was allowed to begin without proper analysis of the impact on the area’s biodiversity. The Centre québécois du droit de l’environnement began presenting its case in Quebec Superior Court, where it’s ... Read More »
Be the first to comment!Ford recalls 93,000 Explorer SUVs in Canada due to potential hazard
By The Canadian Press on January 24th, 2024
TORONTO – Ford says a recall of its Explorer SUVs will affect 93,000 Canadians. The automobile company is recalling Explorer SUV models from 2011 through 2019 because of an issue with a trim piece, which can fly off and create a hazard for other drivers. Globally, the auto manufacturer is recalling 2.24 million vehicles after ... Read More »
Be the first to comment!Rio Tinto says Diavik diamond mine employees were on crashed NWT plane
By Amanda Stephenson, The Canadian Press on January 24th, 2024
The plane that crashed Tuesday near Fort Smith, N.W.T. was on its way to Rio Tinto’s Diavik Diamond Mine. The mine is one of four operating diamond mines in Canada. The Diavik mine is located 300 kilometres north of Yellowknife and 200 kilometres south of the Arctic Circle. It sits on a 20-square-kilometre island within ... Read More »
Be the first to comment!2 US-flagged ships with cargo for US Defense Department come under attack by Yemen’s Houthi rebels
By Jon Gambrell, The Associated Press on January 24th, 2024
JERUSALEM (AP) – Two American-flagged ships carrying cargo for the U.S. Defense and State departments came under attack by Yemen’s Houthi rebels on Wednesday, officials said, with the U.S. Navy intercepting some of the incoming fire. The attacks on the container ships Maersk Detroit and Maersk Chesapeake further raise the stakes of the group’s ongoing ... Read More »
Be the first to comment!Energy and base metals help S&P/TSX composite rise, U.S. markets also move higher
By The Canadian Press on January 24th, 2024
TORONTO – Strength in energy stocks and base metals helped lead Canada’s main stock index higher in late-morning trading, while U.S. stock markets also rose. The S&P/TSX composite index was up 65.82 points at 21,100.41. In New York, the Dow Jones industrial average was up 125.29 points at 38,030.74. The S&P 500 index was up ... Read More »
Be the first to comment!Sycamore Partners-owned Rona cutting about 300 jobs, two distribution centres
By The Canadian Press on January 24th, 2024
BOUCHERVILLE, Que. – Rona Inc. says it’s cutting about 300 jobs and closing two distribution centres as part of a plan to adjust its operating model and eliminate inefficiencies. The home improvement retailer says it’s consolidating operations into its core buildings, and will close a distribution centre in Terrebonne, Que. in March and one in ... Read More »
Be the first to comment!Qatar says gas shipments affected by Houthi assaults as US-flagged vessels attacked off Yemen
By Jon Gambrell, The Associated Press on January 24th, 2024
JERUSALEM (AP) – Qatar, one of the world’s top exporters of liquified natural gas, warned Wednesday that its deliveries were affected by ongoing attacks from Yemen’s Houthi rebels on shipping over Israel’s war on Hamas in the Gaza Strip. The statement by QatarEnergy came as an explosion struck near two U.S.-flagged ships carrying cargo for ... Read More »
Be the first to comment!‘I didn’t have that kind of money’: Know your legal rights on rent increases
By Pascale Malenfant, The Canadian Press on January 24th, 2024
When Nandini Gokhale took over a friend’s lease for a bedroom in an Ottawa home in 2020, she was happy she’d found an affordable space in the middle of the pandemic. However, any relief quickly disappeared when her landlord notified her and her new roommates of plans to increase the overall rent by $2,000 within ... Read More »
Be the first to comment!Text of the Bank of Canada’s latest interest rate decision
By The Canadian Press on January 24th, 2024
OTTAWA – The Bank of Canada kept its key interest rate target on hold at five per cent on Wednesday. Here is the text of the central bank’s decision: The Bank of Canada today held its target for the overnight rate at five per cent, with the Bank Rate at 5.25 per cent and the ... Read More »
Be the first to comment!Bank of Canada holds key interest rate at 5%, signals shift toward rate cut talks
By The Canadian Press on January 24th, 2024
OTTAWA – The Bank of Canada held its key interest rate at five per cent today and signalled it has begun discussing when it should start cutting rates. According to prepared remarks, governor Tiff Macklem says discussions at the central bank are shifting from whether its key policy rate is high enough to how long ... Read More »
Be the first to comment!
