09:02 AM EST, 01/09/2025 (MT Newswires) -- China says it's willing to deepen economic relations with Canada as this country's trading relationship with the United States hits a rough patch, The Globe and Mail newspaper is reporting. It noted The People's Republic of China is Canada's second-largest trading partner after the U.S. and, in 2017, Ottawa came close to starting...

09:02 AM EST, 01/09/2025 (MT Newswires) -- Blackstone (BX) has invested $300 million in artificial intelligence and data intelligence services provider DDN, the companies said in a joint statement Thursday. The investment was made through funds managed by Blackstone Tactical Opportunities at a $5 billion valuation and will support DDN's growth, they said. ...

08:57 AM EST, 01/09/2025 (MT Newswires) -- At its December meeting, the Bank of Canada (BoC) implemented a widely anticipated 50bps rate cut, noted UBS. However, the meeting took a hawkish turn, given the lack of forward guidance for additional cuts and the shift to a more data-dependent policy, wrote the bank in a note to clients. Policymakers noted that...

08:57 AM EST, 01/09/2025 (MT Newswires) -- Canada is looking at levying retaliatory tariffs on a wide range of American-made goods including orange juice, ceramics such as toilets and sinks, and some steel products as part of a targeted response should Donald Trump proceed with a threat to impose a 25% tax on all products from Canada, The Globe and...