Bank of Canada slashes interest rates with another jumbo cut

Taipei, Taiwan – With just weeks left in office, outgoing United States President Joe Biden and his team are scrambling to lock in billions of dollars in funding to re-shore chip manufacturing to the US. Signed into law by Biden in 2022, the CHIPS and Science Act set aside $280bn in funding to boost domestic…

Canada’s Finance Minister Chrystia Freeland has resigned in a blow to Prime Minister Justin Trudeau, who is facing declining approval ratings and opposition from within his own party, as well as the prospect of a trade war with the United States. In her resignation letter, which was posted on X on Monday, Freeland revealed that…

Isak Andic, the founder and owner of Mango, Spanish clothing retailer with nearly 2,800 stores worldwide, has died in a mountain accident, according to the company and police. The 71-year-old businessman slipped and fell more than 100 metres (328 feet) from a cliff while hiking with relatives in the Montserrat caves near Barcelona on Saturday,…