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Toyota announces Lexus EV plant in Shanghai
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion.
Santander reports record profit for third straight year
Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates.
Nissan shares plunge as report says Honda merger talks off
Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda.
China holds out hope last-minute deal can avert US trade war
China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say.
Race against time to complete contested Milan-Cortina bobsleigh track
With a year to go until the start of the Milan-Cortina Winter Olympics, organisers are racing against time to ensure the sliding events are held in Italy and not moved over 6,000 kilometres away to Lake Placid.
French PM set to survive no confidence vote
French Prime Minister Francois Bayrou is expected on Wednesday to survive a no-confidence vote in parliament, winning some breathing space after less than two months in office but by no means ensuring his long-term future.
Google shares slide on spending plans despite sales jump
Google's parent company Alphabet on Tuesday reported revenue jumped in the recently-ended quarter, but shares sank on concerns it may be pouring too much money into artificial intelligence.
Honda shares jump on reports it wants Nissan as subsidiary
Honda shares surged in Tokyo on Wednesday as Japanese media said the automaker had proposed making its struggling rival Nissan a subsidiary -- with some reports saying the move could spell the end of their merger talks.
Kingstone Announces Agreement to Sell Headquarters Building with Pre-tax Gain of $1.9 Million
KINGSTON, NY / ACCESS Newswire / February 5, 2025 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that it has signed an agreement to sell its headquarters building along with an adjacent mixed-use property to Ulster County, NY. The transaction will result in an approximate pre-tax gain of $1.9 million ($1.5 million after-tax) and is expected to be recognized in the first quarter of 2025, subject to closing of the sale. Additionally, this transaction will reduce Kingstone's annual operating costs by approximately $300,000.
Atlas Salt Secures $1,000,000 in ACOA Funding for Low Emission Mine Design & Optimization Initiative for Great Atlantic Salt Project
ST JOHN'S, NL / ACCESS Newswire / February 5, 2025 / Atlas Salt Inc. ("Atlas Salt" or the "Company") (TSXV:SALT)(OTCQB:REMRF) is pleased to announce that it has secured a C$1,000,000 conditionally repayable loan from the Atlantic Canada Opportunities Agency (ACOA) under the Regional Economic Growth through Innovation (REGI) program. The funding will support the Company's innovative Mine Design and Optimization Initiative, which focuses on reducing greenhouse gas (GHG) emissions and implementing sustainable mining technologies at the Great Atlantic Salt Project.
Adcore Australia Named Winner of Best Large PPC Agency
APAC Search Awards 2025
Rektron Group and R.K. Batra Group Sign Term Sheet for Strategic Acquisition
VANCOUVER, BC / ACCESS Newswire / February 5, 2025 / Rektron Group Inc. (CSE:REK.U)(FRA:F75) ("Rektron" or the "Company"), a global commodity trading Group with subsidiaries that specialize in trading energy, metals, and energy transition commodities, is pleased to announce that it has signed a non-binding term sheet dated January 1, 2025 with R.K. Batra Group (Batra), an India-based company.
SJ Environmental Consultants (Windsor) Inc. Wins 2025 Consumer Choice Award for Environmental Consulting in Windsor
Founded in 1993 by Dr. Saad Jasim, P.Eng., SJ Environmental Consultants (Windsor) Inc. has been at the forefront of innovative solutions for water treatment and environmental challenges. The company is known for its pioneering work in ozone technology for drinking water treatment and its contributions to improving water quality and safety for municipalities, private entities, and industries.
Announcing the 2024-25 St. John’s Consumer Choice Award Winners
ST. JOHN'S, NL / ACCESS Newswire / February 5, 2025 / Consumer Choice Award is pleased to announce the 2024-25 award recipients in the St. John's region. These businesses have been meticulously selected through independent market research, reflecting their commitment to excellence and unparalleled service in their city. Consumer Choice Award celebrates those who have consistently set the benchmark for quality and customer satisfaction. Congratulations to the 2024-25 St. John's Consumer Choice Award Winners.
Primary Hydrogen Provides Update on Exchange Listings
VANCOUVER, BC / ACCESS Newswire / February 5, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) (the "Company" or "Primary") is pleased to provide an update on the various exchanges for which the Company's shares are quoted. The Company's shares currently trade on the Frankfurt Stock Exchange (the "FSE") under the symbol "83W0" and on the OTCQB Venture Market (the "OTCQB") under the symbol "HNATF", in addition to the TSX Venture Exchange under the symbol "HDRO".
US Treasury says Musk team has 'read-only' access to payments data
The US Treasury said Tuesday that Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it, after Democratic lawmakers raised the alarm over the move and called for an investigation.
What Elon Musk's Twitter tactics may bode for US government
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
Australia bans DeepSeek AI program on govt devices
Australia has banned DeepSeek from all government devices as it seeks to block "an unacceptable level of security risk" presented by China's breakout artificial intelligence program, according to an official order Tuesday.
Amid Trump trade tensions, WTO remains crippled arbiter
While US President Donald Trump unleashes trade wars and tariffs, the system for settling such disputes within the World Trade Organization has been paralysed for years -- by the United States.
Despite tariff reprieve Canadians worry 'damage already done' to US ties
The trade war may be on hold, but in a Canadian border city where the unhindered flow of auto parts across the bridge to Detroit supports thousands of jobs, the future remains uncertain.
Ferrari races to another record-breaking year, e-model set for Oct. 9
Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to more than 1.5 billion euros last year.
De la Fuente says 'unaware' of forced kiss scandal backlash
Spain coach Luis de la Fuente on Tuesday told the forced kiss trial of ex-football federation chief Luis Rubiales that he initially knew nothing of the scandal's scale or efforts to silence it.
Ordinary Chinese stoic in the face of escalating US trade war
After China announced retaliatory tariffs against the United States, walkers along Shanghai's waterfront were stoic Tuesday in face of both the cold and the prospect of an escalating trade war.
AI regulation around the world
Countries and economic blocs around the world are at different stages of regulating artificial intelligence, from a relative "Wild West" in the United States to highly complex rules in the European Union.
Stocks rebound, dollar dips as Trump delay tariffs
Stock markets mostly rebounded and there strong gains for Mexico's peso and Canada's dollar Tuesday after Donald Trump said he would delay tariffs on imports from the US neighbours.
Tequila maker Diageo axes sales target on Trump tariffs
Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila and Canadian spirits.
American VP Vance to attend Paris AI summit
US Vice President JD Vance will join top tech players in Paris next week at an artificial intelligence summit billed by France as a "wake-up call" for Europe in the global race for AI.
China imposes tariffs on US energy, autos in trade war retaliation
China said Tuesday it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world's two biggest economies.
Panama lawsuit requests axing Hong Kong firm's canal concession
Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following US President Donald Trump's threats to seize the vital waterway.
OpenAI chief Altman signs deal with South Korea's Kakao after DeepSeek upset
OpenAI chief Sam Altman signed a deal with tech giant Kakao in South Korea on Tuesday as the US firm seeks new alliances after Chinese rival DeepSeek shook the global AI industry.
UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS posted better-than-expected fourth quarter results on Tuesday and confidently predicted its mega-merger with Credit Suisse would be substantially wrapped up by the end of 2026 as planned.
Nintendo cuts net profit forecast as Switch sales slow
Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters.