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Canada buying stake in AI firm Cohere to bolster tech sovereignty

Canada is investing CAN$1.6 billion ($1 billion) in the AI firm Cohere, Prime Minister Mark Carney said Thursday, a move aimed at strengthening sovereign alternatives to counter US and Chinese AI dominance.

Utah files criminal charges against prediction market Kalshi

Prosecutors in the western US state of Utah have filed criminal charges against prediction market Kalshi, accusing the company of running an illegal online gambling operation, court documents show.

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Tajikistan bets on giant dam to solve electricity crisis

In a remote village in Tajikistan's soaring mountains, Muslikhiddin Makhmudzoda relies on a mobile phone to light his modest home as his family spends another winter without electricity.

Gryphon Digital Mining Signs Definitive Agreement for HPC/AI Asset Scalable to 4GW of Green Energy Through Natural Gas and Carbon Sequestration

Groundbreaking acquisition of major energy site in Southern Alberta expected to catapult Gryphon into elite tier of global computing infrastructure providersAcquisition Highlights Include:Massive 850 industrial zoned acreage with access to dual natural gas supply, grid connection, non-potable water resources, and dual high-speed fiber connection providersWorld class carbon capture and sequestration capabilities on-site can make this a truly green source of energy combined with redundant sources of powerExpansive footprint expected to allow up to 4GW of total capacity; up to ~130MW anticipated by the end of 2026Experienced technical team comes with the asset and has over 100 years of combined industry expertise, led by Harry Andersen (former COO of Pembina Pipeline)

US Fed's December rate cut should be its last for now: official

The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for now.

Airbus boosts plane deliveries in 2024

European plane maker Airbus said Thursday it increased aircraft deliveries to 766 as the company still struggles to return to pre-pandemic production levels.

Ubisoft reviews restructuring options, postpones new Assassin's Creed

Ubisoft said Thursday it would take decisive steps to reshape itself as the French video game publisher announced it would delay the release of the latest title in its top "Assassin's Creed" franchise.

Lamborghini sets new sales record amidst hybrid push

Lamborghini set a new sales record in 2024, the Italian sportscar maker said on Thursday, defying the gloom that has hit mass-market car companies.

Lebanon army chief Aoun becomes president after two-year vacancy

Lebanon's lawmakers elected on Thursday army chief Joseph Aoun as president after a two-year vacancy of the position, in a step towards lifting the war-battered country out of financial crisis.

Lebanon army chief short of required majority in first round of president vote

Lebanon's army chief Joseph Aoun on Thursday fell short of the two-thirds majority to become president in the first round of a parliamentary vote, but could still become head of state.

Global stock markets mixed tracking US rates outlook

European and Asian stock markets diverged Thursday, with investors tracking the outlook for inflation and US interest rates as Donald Trump's second presidency looms.

Lebanon meets to finally elect president after two-year vacancy

Lebanese lawmakers could elect army chief Joseph Aoun as president Thursday after more than two years of deadlock, in a much-needed step to help lift the war-battered country out of financial crisis.

Ukraine allies to hold last defence meet before Trump takes office

Ukraine's Western allies will gather with President Volodymyr Zelensky at a US base in Germany on Thursday in their last such meeting before Donald Trump returns to the White House in less than two weeks.

CES tech looks to help world's aging population

From an adorable robot puppy that soothes dementia patients to an in-toilet gadget for testing urine, tech at CES caters to seniors around the world.

Energy Northwest and EVCS to Boost Electric Vehicle Charging Along Highway 101

Energy Northwest is under contract with the Federal Highway Administration (FHWA) and has partnered with EVCS, a leading electric vehicle (EV) fast-charging network operator, to install 40 DC Fast chargers across 12 locations along Highway 101 in western Washington and coastal Oregon. The project spans over 500 miles and aims to improve access to EV charging in rural areas.

Political chess or true beliefs? Zuckerberg's surprise Trump pivot

The clean cut hair has grown, his college kid's hoodie is now a gold chain, and his politics have swerved hard right.

US Fed officials concerned over 'stalled' disinflation, tariffs: minutes

US Federal Reserve officials raised concerns in December that the fight against inflation may have "stalled" in recent months, and weighed the likely impact of Trump's trade policies, according to minutes of the meeting published Wednesday.

Several US Fed officials concerned over 'stalled' disinflation: minutes

Several senior US Federal Reserve officials raised concerns in December that the fight against inflation may have "stalled" in recent months, according to minutes of the meeting published Wednesday.

US tech titans ramp up pressure on EU

Mark Zuckerberg's U-turn on Meta's content rules piles pressure on the EU -- already in the crosshairs of Donald Trump ally Elon Musk -- to prove it still calls the shots when it comes to Big Tech's behaviour in Europe.

Award-winning migrant actor earns visa to stay in France -- as a mechanic

An undocumented 23-year-old Guinean migrant living in France who won a prize at the Cannes film festival last year has been granted a work permit, enabling him to avoid deportation, his lawyer said Wednesday.

US tariff and inflation fears rattle global markets

Stock markets were rattled Wednesday by worries about incoming US President Donald Trump slapping tariffs on imports and the fading prospects for interest rate cuts.

US private sector hiring undershoots expectations: ADP

The US private sector added fewer jobs than anticipated in December, payroll firm ADP said Wednesday, with hiring and wage increases both cooling.

US tariffs unlikely to have 'significant' inflation impact: Fed official

The effect of new tariffs under consideration by US President-elect Donald Trump is unlikely to be "significant or persistent," a senior Federal Reserve official said Wednesday.

Lebanon leaders in talks for new bid to elect president

Lebanese political heavyweights held talks Wednesday a day ahead of a parliamentary session to elect a president, but even with key player Hezbollah weakened by war, there is no guarantee of consensus.

Can EU stand up to belligerent Big Tech in new Trump era?

Facing charges of "censorship" from both Elon Musk and Mark Zuckerberg, the EU will need its full legal arsenal -- and political will aplenty -- to stand up to US Big Tech once Donald Trump is back.

US, Canadian and Australian travellers now face UK entry fee

Visitors to the UK from dozens of countries, including the United States, Canada and Australia, must now pay to enter Britain after a new visa-waiver entry system took effect on Wednesday.

Samsung warns fourth-quarter profit to miss forecasts

South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence servers.

No proof fentanyl produced in Mexico, president says

Mexico has found no proof that fentanyl is being produced in the country, its president said Tuesday, following threats from US President-elect Donald Trump to impose tariffs over drug trafficking.

Trust Consulting Services Wins BASA Awards, Named to TopList

GOVCON Agency Places Amongst the Best Small Businesses in America

Invisible man: German startup bets on remote driver

With no one in the driver seat, the SUV pulling up resembles an autonomous robotaxi like those becoming increasingly present in some cities -- but the car from German startup Vay is something else.

US urged to do more to fight bird flu after first death

The first human death from bird flu in the United States has intensified calls for the government to ramp up efforts to stave off the threat of another pandemic -- particularly ahead of Donald Trump's return to the White House.

Inflation concerns pull rug out from Wall Street rally

US survey data rekindled inflation concerns and rising bond yields helped pull the rug out from under a rally on Wall Street on Tuesday.

US trade deficit widens in November on imports jump

The US trade gap widened in November according to government data released Tuesday, as imports rose faster than exports ahead of President-elect Donald Trump's return to the White House.

Key dates in the rise of the French far right

Here is a short history of the French far-right National Front, whose historic leader and co-founder Jean-Marie Le Pen died on Tuesday aged 96.

The Fort Worth Press - Economy (English)