Microsoft’s OpenAI investment could trigger EU merger review
LONDON (AP) — Microsoft’s multibillion-dollar could trigger a European Union merger investigation, the bloc’s executive branch said Tuesday.
The European Commission said it’s “checking whether Microsoft’s investment in OpenAI might be reviewable” under regulations covering mergers and acquisitions that would harm competition in the 27-nation EU.
The review could lead to a formal investigation into whether the deal should be unconditionally cleared, allowed with concessions from the companies or blocked. Britain’s antitrust watchdog opened a similar
Ex-UK Post Office boss gives back a royal honor amid fury over her role in wrongful convictions
LONDON (AP) — The former head of Britain’s state-owned Post Office said Tuesday she will hand back a royal honor in response to over a miscarriage of justice that saw hundreds of postmasters of theft because of a faulty computer system.
The British government is considering whether to offer a mass amnesty to more than 700 branch managers convicted of theft or fraud between 1999 and 2015, because Post Office computers wrongly showed that money was missing from their shops. The real culprit
Global economy will slow for a third straight year in 2024, World Bank predicts
WASHINGTON (AP) — Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024.
That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021,
Statistics Canada reports merchandise trade surplus $1.6 billion in November
OTTAWA — Statistics Canada says the country’s merchandise trade surplus narrowed to $1.6 billion in November as imports rose and exports fell.
The result compared with a revised surplus of $3.2 billion in October. The initial reading for October released last month had been for a surplus of $3.0 billion.
For November, total imports rose 1.9 per cent, helped by an 11.6 per cent increase in imports of energy products, boosted by imports of uranium from Kazakhstan.
Aid group says 6,618 migrants died trying to reach Spain by boat in 2023, more than double 2022
MADRID (AP) — More than 6,600 migrants died while trying to reach Spain by boat last year, a Spanish non-profit organization said Tuesday.
The figure is more than double the number in the previous year, when the organization, Caminando Fronteras (Walking Borders), said 2,390 died.
The organization said 2023 was the deadliest year since it began keeping records in 2007. Most of the 6,618 deaths recorded occurred on the
Questions surround Canada’s donation of air defence system for Ukraine one year on
OTTAWA — Ukraine’s president says getting air defence systems onto the battlefield is the top priority in the new year, but the system Canada promised a year ago still hasn’t been delivered and it is not clear when it will be.
Ottawa announced plans to donate a $406-million surface-to-air missile defence system, known by the acronym NASAMS, on Jan. 10, 2023. Nearly a year later, one of the two companies involved in building the NASAMS
Police say man spat, made anti-Semitic comments towards group in Vaughan
A man has been arrested in what police are calling a suspected hate-motivated assault in Vaughan.
Police were called to the area of Bathurst Street and Flamingo Road, just south of Highway 407, around 1:45 p.m. on Saturday for reports of an assault.
It is alleged a group of four adults who identify as Jewish were walking home from a synagogue when they were approached by a man on an e-bike. Police say the victims felt intimidated by the way the man was
Zelenskyy, Blinken, Israeli president and more will come to Davos to talk about global challenges
LONDON (AP) — More than 60 heads of state and government and hundreds of business leaders are coming to Switzerland to discuss the biggest global challenges during the next week, ranging from Israeli President Isaac Herzog to Ukrainian President Volodymyr Zelenskyy.
The likes of U.S. Secretary of State Antony Blinken, , EU Commission President Ursula von der Leyen, French President Emmanuel Macron, U.N. Secretary-General Antonio Guterres and many others will descend on the Alpine ski resort town of Davos on Jan. 15
‘Peach Fuzz’ has been dubbed the color of the year. What does that have to do with your garden?
With a new year comes new trends, and the 2024 Pantone color of the year, “Peach Fuzz,” will be dictating many of them. What does this have to do with your ? Everything.
The Pantone Color Institute has been governing worldwide color trends since 2000, providing, according to its website, “a universal language of color that enables color-critical decisions through every stage of the workflow for brands and manufacturers.”
That means that, come spring, you can expect
Onetime ambassador Stuart E. Eizenstat to release a book, ‘The Art of Diplomacy’
NEW YORK (AP) — Former diplomat and White House aide Stuart E. Eizenstat has a book out this spring on some of the country’s most consequential treaties and other international accords.
Publisher Rowman & Littlefield will release “The Art of Diplomacy: How American Negotiators Reached Historic Agreements that Changed the World” on May 28. Eizenstat will recount diplomatic efforts everywhere from Northern Ireland to the Middle East.
“At a time of global turmoil and conflict, when America’s influence is being challenged by a number