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Porter signs sale-leaseback deal for four Embraer jets with Fortress and GOAL

Porter signs sale-leaseback deal for four Embraer jets with Fortress and GOAL

TORONTO — Porter Airlines has signed a sale-and-leaseback agreement for four Embraer E195-E2 aircraft.
Manufacturers report less tariff impact in May compared to April: StatCan

Manufacturers report less tariff impact in May compared to April: StatCan

OTTAWA — Statistics Canada says fewer manufacturers report being affected by tariffs in May than in April. The agency says total manufacturing sales were down 0.9 per cent to $68.7 billion in May, marking the lowest level since January 2022.
Iraqi oil field on fire after drone strike during attacks in Kurdish region

Iraqi oil field on fire after drone strike during attacks in Kurdish region

BAGHDAD (AP) — An oil field in Iraq 's Dohuk province was set ablaze Tuesday after being struck by a drone. It is the latest in a series of similar attacks launched recently against oil facilities in northern Iraq's semi-autonomous Kurdish region .
After meeting with Trump, Nvidia CEO says the sale of AI chip is back on in China

After meeting with Trump, Nvidia CEO says the sale of AI chip is back on in China

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.
China's economy grows at a robust pace as trade truce eases pressure from US tariffs

China's economy grows at a robust pace as trade truce eases pressure from US tariffs

BANGKOK (AP) — China's economy slowed slightly in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday. That compares with 5.4% annual growth in January-March.
From scattered sunlight to dozy bees, smoky days challenge Canada's food growers

From scattered sunlight to dozy bees, smoky days challenge Canada's food growers

The smoky air that has become an all-too-common feature of Canadian summers poses yet another challenge for agricultural producers already contending with chronic drought in some areas and excess moisture in others.
Nvidia's CEO says it has US approval to sell its H20 AI computer chips in China

Nvidia's CEO says it has US approval to sell its H20 AI computer chips in China

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.
Recipe Unlimited acquires Olive Garden locations in Canada, plans to expand

Recipe Unlimited acquires Olive Garden locations in Canada, plans to expand

VAUGHAN — Recipe Unlimited says it has acquired all of Canada's Olive Garden locations in a deal with U.S.-based Darden Restaurants Inc. Financial terms were not disclosed for the deal for the eight locations, which was announced today.
S&P/TSX composite hits new highs, U.S. markets up amid trade uncertainty

S&P/TSX composite hits new highs, U.S. markets up amid trade uncertainty

TORONTO — Canada's main stock index closed at a record high on Monday on strength in industrials and technology, while U.S. markets also rose. The S&P/TSX composite index was up 175.60 points at 27,198.85. U.S.
US imposes a 17% duty on fresh Mexican tomatoes in hopes of boosting domestic production

US imposes a 17% duty on fresh Mexican tomatoes in hopes of boosting domestic production

The U.S. government said Monday it is placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. Proponents said the import tax will help rebuild the shrinking U.S.
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