Australia’s data centres are driving up electricity demand, pushing the tech sector to confront sustainability pressures while navigating risks from AI and digi AI data centres are expected to consume 8 percent of Australia’s national electricity supply by 2030, an increase from the current 5 percent this year, according to Deloitte’s Australian TMT (Technology, Media,
U.S. stocks rose again as stronger-than-expected profits keep piling higher for companies, though CEOs say they’re unsure how long that can last due to uncertainty around President Donald Trump’s trade war. The S&P 500 climbed 0.6 percent Tuesday, its sixth straight gain. The Dow Jones Industrial Average added 0.7 percent, and the Nasdaq composite rose
The British oil giant has renewed focus on upstream operations to explore and drill for oil and gas worldwide. As international crude oil prices continue to slide on demand worries worldwide, British oil giant BP PLC Group reported disappointing first-quarter results only days after the company announced a major discovery in the Gulf of America.
The U.S. labor market remains solid while many employers take a wait-and-see approach to see how tariffs play out. Job vacancies declined sharply in March, but little change in new hires and layoffs signals that the U.S. labor market remains solid. The number of job openings tumbled by 288,000, to 7.192 million, the lowest in
Ontario is introducing legislation that would give law enforcement the authority to stop and search vehicles for auto theft devices, including fob hacking tools. The provincial government made the announcement on April 29, saying it was part of a series of changes to tackle the high volume of car thefts in the province. The new
Alberta Premier Danielle Smith is calling on Prime Minister Mark Carney to begin resetting Alberta’s strained relationship with Ottawa following his federal election victory on April 28, saying her province will “no longer tolerate” policies she says threaten Alberta’s economy. The Liberals held on to power for a fourth consecutive term, winning 169 seats–three short
Carney also spoke with French President Emmanuel Macron, the PMO said. Prime Minister Mark Carney has spoken to U.S. President Donald Trump and French President Emmanuel Macron following his victory in the April 28 election. The Prime Minister’s Office (PMO) said the U.S. president congratulated Carney on his election win. “The leaders agreed on the
The latest results from Elections Canada, with 99.8 percent of the results counted, show that the Liberals are poised to form another minority government. Preliminary results on the afternoon of April 29 show that the Liberals have won 169 seats, three short of the 172 required to form a majority government. The results could change
Preliminary results show Liberals won 168 seats, falling just short of the majority needed to govern without support from other parties. The Liberal Party, led by Canadian Prime Minister Mark Carney, has won Monday’s federal election in Canada, capping a campaign shaped in part by President Donald Trump’s tariff threats and calls to make Canada
Some of Beijing’s top critics in Parliament were re-elected this week, but a Tory candidate said by authorities to be targeted by a Chinese regime operation lost his bid to sit in the House of Commons. There is no evidence so far that Conservative candidate Joe Tay fell short because of Beijing’s efforts, but in