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Electric bus maker Lion Electric granted creditor protection by Quebec court

Electric bus maker Lion Electric granted creditor protection by Quebec court

MONTREAL — The Lion Electric Co. says it has been granted protection from creditors under the Companies' Creditors Arrangement Act by the Superior Court of Quebec.
Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

LONDON (AP) — The U.K.’s central bank warned Thursday of “heightened uncertainty" as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best.
Canada Post to start accepting commercial mail as it ramps up post-strike operations

Canada Post to start accepting commercial mail as it ramps up post-strike operations

OTTAWA — Canada Post is set to start accepting commercial letters and parcels as it works to get back to normal operations following a month-long strike.
In Montreal, one man is fighting to stop DVDs from going the way of the dodo

In Montreal, one man is fighting to stop DVDs from going the way of the dodo

MONTREAL — The Luddites were a 19th-century group of British textile workers who destroyed the mechanized looms and knitting frames they saw as a threat to their livelihoods.
Israeli airstrikes hit Yemen's rebel-held capital and port city after Houthi attack targets Israel

Israeli airstrikes hit Yemen's rebel-held capital and port city after Houthi attack targets Israel

DUBAI, United Arab Emirates (AP) — A series of intense Israeli airstrikes shook Yemen's rebel-held capital and a port city early Thursday and killed at least nine people, officials said, shortly after a Houthi missile targeted central Israel.
Stock Market Today: Asian shares track Wall Street's selloff after Fed hints at 2 rate cuts in 2025

Stock Market Today: Asian shares track Wall Street's selloff after Fed hints at 2 rate cuts in 2025

BANGKOK (AP) — Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the year when the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought.
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The S&P 500 fell 2.
US retreats from massive air bag recall and says industry comments show need for more investigation

US retreats from massive air bag recall and says industry comments show need for more investigation

DETROIT (AP) — U.S. auto safety regulators have backed away from seeking a giant recall of nearly 50 million air bag inflators and will investigate further after the auto industry raised questions about whether all of the inflators are defective.
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-el
What is a trade deficit — and does it matter to the economy?

What is a trade deficit — and does it matter to the economy?

In a post on Truth Social early Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour. The U.S.
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