Britain uses UN speech to show that it wants to be a leader on how the world handles AI
UNITED NATIONS (AP) — Britain pitched itself to the world Friday as a ready leader in shaping an international response to the rise of artificial intelligence, with Deputy Prime Minister Oliver Dowden telling the U.N. General Assembly his country was “determined to be in the vanguard.” Touting the United Kingdom’s tech companies…
IA Financial Shutters Institutional Group, Fires Analysts
IA Financial Corp. is cutting jobs in its capital markets business, ending its institutional activities — including equity research — amid bumpy markets…
Trigon Receives TSXV Approval for Extension of Warrants
TORONTO — Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) (“Trigon” or the “Company”) announces that the TSX Venture Exchange has approved the Company’s application to extend the term of (i) 3,781,250 common share purchase warrants previously set to expire on September 20, 2023 with an exercise price of $0.50…
Europe’s Rules on Ammonia-to-Hydrogen Kit Spark Investor Alarm
Europe’s nascent hydrogen industry is ready to battle the European Commission over a new set of rules, with business arguing that the proposals from Brussels will strangle growth of the clean fuel…
Pipestone Announces That ISS and Glass Lewis Recommend Shareholders Vote “for” Proposed Combination With Strathcona to Create a Leading Canadian Energy Producer, and Sets Record Straight on Flawed and Misleading Arguments by GMT
Combining with Strathcona is superior to the status quo as it will give Pipestone shareholders the ability to participate in the upside of a much larger, more diversified producer that will benefit from scale, longer-life and better-positioned reserves, improved access to capital and a potential positive re-rating by markets Pipestone’s extensive strategic review process considered…
Caught in a lie, CEO of embattled firm caring for NYC migrants resigns
NEW YORK (AP) — The chief executive officer of a firm hired by New York City to house and care for hundreds of migrants abruptly resigned Friday after he admitted to lying about his educational record and as DocGo has come under scrutiny for its $432 million no-bid contract with the city…
IPG Launches Tishma Brand AMS Fully Automated Inline Paper Mailer System With Right Size Technology
SARASOTA, Fla., Sept. 15, 2023 (GLOBE NEWSWIRE) — IPG® (Intertape Polymer Group®), a leading manufacturer of highly automated packaging machinery and turnkey solutions, has launched the new Tishma® brand AMS (Auto Mailer Machine) in partnership with Garrido Printing Equipment out of Miami, FL. Tishma brand AMS (Auto Mailer System) The AMS is a revolutionary design…
Robert Miller, accused of paying minors for sex, to sell Future Electronics for $5B
Montreal billionaire Robert Miller, who faces a class-action lawsuit alleging he paid underage girls for sex, is selling his company Future Electronics Inc. for more than $5 billion to a Taiwanese semiconductor distributor. WT Microelectronics Co. says it has signed an agreement to acquire 100 per cent of the company’s shares for US$3.8 billion _…
Saudi-UAE Rift Threatens US Effort to End Yemen War
After joining forces against the Iranian-backed Houthis, the UAE and Saudi Arabia are vying for control of a post-war Yemen…
Axis Provides Business Update and Announces Closing of $2.67 Million Private Placement of Unsecured Subordinated Debentures
TORONTO, Sept. 11, 2023 (GLOBE NEWSWIRE) — Axis Auto Finance Inc. (“Axis” or the “Company“) [TSX: AXIS], a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to provide a business update and announce the closing of a private placement (the “Private Placement“) of unsecured subordinated debentures (the “Debentures“…
Airline competition ramps up, setting stage for showdown and reducing (some) fares
MONTREAL — Passengers aren’t the only ones feeling cramped these days. Though Canadian flights have long been dominated by Air Canada and WestJet, the emergence of newer carriers including Flair Airlines and Lynx Air has shaken up the sector, injecting fresh competition to a once-complacent market…
US to Sign Mideast-India Rail and Shipping Deal During G-20
The US said it plans to sign a joint infrastructure plan with India, Middle Eastern countries and the European Union aimed at connecting them via a network of railways and sea routes, a development that comes as China builds its influence across the energy-rich region…
Film festival season carries on in Toronto, despite a star-power outage
TORONTO (AP) — When the Hollywood actors union announced a strike this summer, Cameron Bailey, the longtime chief executive of the Toronto International Film Festival, dusted off his COVID-19 playbook. For two years, TIFF, the largest film festival in North America, had maneuvered through pandemic editions that persevered…
Europe’s Reliance on LNG Means High Prices Needed All Year Round
Europe’s increased dependence on liquefied natural gas means high prices are needed all year round to ensure the region gets all the fuel it wants, Bank of America Corp. said…
Asia Oil & Gas Latest: Refining ‘Crying Out’ for Investment
The outlook for oil prices and Chinese demand, the longevity of OPEC+ supply curbs, and rising flows of Iranian crude are among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which entered its second day in Singapore…
China’s Fury Over Fukushima Water Casts Shadow on Asean Forum
China’s outrage over Japan’s release of treated wastewater from the crippled Fukushima nuclear plant has dimmed prospects for improved ties when top officials of the two countries meet this week…
GOP lawmakers take aim at LGBTQ+ ‘safe places’ program in small Florida town
MOUNT DORA, Fla. (AP) — Some central Florida lawmakers said they were considering “all legislative, legal and executive options available” to stop business owners in a small town from voluntarily displaying rainbow decals in their windows indicating that they are “safe place” for LGBTQ+ people who feel threatened…
RBC takeover of HSBC Canada unlikely to substantially reduce competition, watchdog finds
Five biggest banks still account for most services to Canada, report notes…
Brightly Named an Industry Leader in Asset Investment Planning (AIP) Software by Independent Analyst Firm
Recognition represents the company’s commitment to deliver intelligent asset management and capital planning solutions to the global market CARY, N.C. & LONDON — Brightly Software, the global leader in intelligent asset management solutions, today announced it has been recognized as “a Leader” in the Verdantix Green Quadrant®: Asset Investment Planning Software 2023 report…
Campaigner Targets Fossil Fuel Bank Lending to Japan’s Jera
Investor activist group Market Forces called on eight major banks to reconsider providing loans to Jera Co., over concerns that Japan’s top power producer would use the money to expand its fossil fuel business…