Meta Platforms Inc. acquires Singapore-based AI agent startup Manus in a deal valued at over US$2 billion, marking a major move in Zuckerberg's AI strategy and severing the company's Chinese investor ties.
Utility companies report thousands of Ontario homes are still without electricity following a severe winter storm. Officials warn of ongoing challenges as cold temperatures return.
Meta announces acquisition of Chinese-founded AI startup Manus, marking a significant investment to enhance its advanced artificial intelligence portfolio and infrastructure.
Japanese giant SoftBank agrees to a $3 billion cash deal for DigitalBridge, aiming to capitalize on soaring AI-driven demand for data centres and digital infrastructure. Get the full details.
SoftBank Group acquires digital infrastructure investor DigitalBridge in a $4-billion deal, expanding its AI portfolio. The move aims to capitalize on surging demand for AI computing capacity.
Japanese tech giant SoftBank Group is acquiring DigitalBridge in a massive US$4 billion deal to strengthen its global AI infrastructure. The move signals a major investment in data centers and cloud computing capabilities.
China imposes sanctions on 20 U.S. defence companies and 10 executives in response to major arms sales to Taiwan, escalating tensions. Details on the targeted firms and the political fallout.
Beijing imposes sanctions on 20 U.S. defense companies and 10 executives, including Anduril and Boeing, in response to a major arms package for Taiwan. Tensions escalate as China freezes assets and bans business dealings.
Xali Gold Corp. has completed its acquisition of the advanced Pico Machay Gold Project in Peru, outlining a $17M payment plan and a strategy for near-term production. Learn about the deal's structure and the company's plans.
Canada's CPPIB invests up to $1.05B for a non-controlling stake in Castrol, partnering with Stonepeak in a major $10.1B energy sector deal. Read the full analysis.
Canada's CPP Investments has acquired a minority stake in global lubricants company Castrol. This strategic move diversifies the pension fund's holdings in the industrial sector. Read more on the details.
Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.
A key investor has rejected Paramount's new acquisition offer for Warner Bros. Discovery as inadequate. Get the latest details on this major media merger standoff.
A new report details how companies are navigating complex markets to recover a fraction of tariff expenses. Learn the strategies and economic impacts for Canadian businesses.
Alphabet Inc. makes a massive $4.75 billion deal to buy clean energy developer Intersect Power, securing power for its AI data centres amid soaring energy demands. Read the full story.
Altius Minerals Corp. strikes a major $520 million stock-and-cash deal to acquire Lithium Royalty Corp., signaling a strategic expansion into the lithium sector. Read the full details.
A Ukrainian national has pleaded guilty for his role in ransomware attacks targeting companies in the United States and Canada. Learn the details of the cybercrime operation and its implications.
Former President Donald Trump appoints a special envoy to explore making Greenland part of the U.S., reigniting a controversial geopolitical ambition. Details on the strategic move.
Oracle's Larry Ellison provides a massive $40.4 billion financial guarantee to bolster Paramount Global's acquisition bid for Warner Bros. Discovery. Details on the deal.
A hacker has admitted guilt for orchestrating cyberattacks targeting major companies in the United States and Canada. Learn the details of the breach and its implications for cybersecurity.
Former Disney executive Kevin Mayer forecasts Paramount will raise its bid and acquire Warner Bros. Discovery. Key investors are pushing for a higher offer in the high-stakes media merger.
Revival Gold Inc. exercises its option to acquire Barrick's full interest in the Mercur Gold Project, a major step towards restarting production at the historic Utah site. Learn about the deal and project economics.
Integrated Power Services (IPS) has agreed to acquire TechPro Power Group, creating a powerhouse with over 2,200 technicians to serve data centers, utilities, and industrial sectors across North America.
Canadian media company WildBrain has sold its major stake in the iconic Peanuts franchise to Sony for $630 million. Discover the details and implications of this major entertainment deal.
Trump Media, parent of Truth Social, announces a strategic merger with a nuclear fusion firm. Explore the details and potential impact of this unexpected business move.
Global spirits giant Diageo has agreed to sell its Kenyan drinks subsidiary to Japan's Asahi Group. This strategic move reshapes Diageo's African portfolio. Read the full details of the deal announced in December 2025.
Warner Bros. advises shareholders to choose Netflix's $72 billion acquisition over a hostile bid from Paramount Skydance. The deal could reshape Hollywood's streaming and media landscape. Learn the details and potential impacts.
Two Alberta companies and a supervisor face significant fines following a serious injury at an oil and gas site. Read the full details of the court's decision and its implications for workplace safety.
Saudi Arabia's Midad Energy is a top contender to purchase Lukoil's international holdings, leveraging unique political ties. Read the latest on this major energy sector deal.
Montreal's WSP Global Inc. strikes a US$3.3 billion deal to acquire TRC Companies, backed by Caisse de dépôt. The move will make WSP the largest engineering and design firm in the United States.