Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . The unwinding of the Justin Trudeau era continues apace. Prime Minister Mark Carney stood beside his Indian counterpart, Narendra Modi, in New Delhi on Monday, shook hands and smiled and had a lengthy meeting about business. It’s the l...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . The unwinding of the Justin Trudeau era continues apace. Prime Minister Mark Carney stood beside his Indian counterpart, Narendra Modi, in New Delhi on Monday, shook hands and smiled and had a lengthy meeting about business. It’s the latest chapter in a story that started when Carney swept into office with a new view on foreign relations that his supporters describe as pragmatic. “Four of my ministers have led delegations here to India,” Carney told reporters in the capital. “There has been more engagement between the Canadian and Indian governments in the last year than there has been in more than two decades combined.” If so, that would encompass not only Trudeau’s time in power but Stephen Harper’s, too. Gone is any public talk about the serious allegations that agents linked to the Indian government helped orchestrate the murder of a Sikh activist in metro Vancouver, among other crimes, which have been denied by Modi’s government. The leaders’ joint statement ran 4,500 words and included a mention of their governments working together to address violent extremism, extortion, drugs and organized crime. But mostly it was about business. The Carney-Modi agenda envisions more Canadian raw materials being shipped to India — billions of dollars worth of uranium , liquefied natural gas, critical minerals and oil — and a broader trade agreement, and quickly. They say they want to conclude talks on a so-called Comprehensive Economic Partnership Agreement by the end of the year. The goal is to boost bilateral trade to around C$70 billion ($51 billion) by 2030. That’s the equivalent of a few weeks of goods trade between Canada and the US. For Carney, now it’s on to Australia, where the politics are less fraught and his ambitions are largely the same: find export markets and investment. Also in this newsletter: ...
David Harbour stars in a deliciously dark dating app drama that is close to the bone after his real-life Lily Allen fallout. But his performance along with Jason Bateman and Linda Cardellini’s make for a wonderfully bingeable show Never trust a man who rides a recumbent bicycle. That seems to be the first lesson provided by DTF St Louis, a new seven-part dark comedy starring Jason Bateman, David H...
David Harbour stars in a deliciously dark dating app drama that is close to the bone after his real-life Lily Allen fallout. But his performance along with Jason Bateman and Linda Cardellini’s make for a wonderfully bingeable show Never trust a man who rides a recumbent bicycle. That seems to be the first lesson provided by DTF St Louis, a new seven-part dark comedy starring Jason Bateman, David Harbour and Linda Cardellini, and who – honestly – could fail to get behind such a message? Bateman plays Clark Forrest, local weatherman, microcelebrity and recumbent bicycler round his little patch of St Louis, Missouri. He becomes fast friends with a sign language interpreter, Floyd (Harbour), when they are sent to report on a violent storm together and Floyd saves him from being decapitated by a flying stop sign. Floyd is a goodhearted soul with a mutinous stepson, a hot wife and Peyronie’s disease. That’s when the penis acquires an abnormal curvature that can make penetration difficult, due to a connective tissue problem that is often associated with middle age. Continue reading...
Channel 4’s edgy new ‘social experiment’ cuffs strangers together in a bid to heal a divided Britain. Instead, what emerges is nasty, crass and completely abysmal After his brilliantly machiavellian performance on The Celebrity Traitors, Jonathan Ross was destined to pop up on our screens again soon. Cue his big post-Traitors gig, hosting Channel 4’s new six-part “social experiment”. It is, explai...
Channel 4’s edgy new ‘social experiment’ cuffs strangers together in a bid to heal a divided Britain. Instead, what emerges is nasty, crass and completely abysmal After his brilliantly machiavellian performance on The Celebrity Traitors, Jonathan Ross was destined to pop up on our screens again soon. Cue his big post-Traitors gig, hosting Channel 4’s new six-part “social experiment”. It is, explains Ross, a show about whether “a divided Britain [can] settle its differences”, by handcuffing two strangers from different walks of life together for 24 hours a day (including in the shower – ooh-er!) and seeing who can last the longest for a shot at a £100,000 prize. Really, though, it’s a show that manipulates those differences for views – a cheap throwback to Wife Swap at best and The Jeremy Kyle Show at worst. Each pair has clearly been selected for maximum mutual discomfort. Jo is the owner of a plus-size fashion brand and Reuben thinks fat people are lazy; Tilly spends her spare time helping homeless people while millionaire Anthony reckons he’s an expert ’cos he’s been camping before; George is a former prison officer who believes learning is the best way to empower himself while Sir Ben is an aristocrat who – despite having an expensive education – still chooses to own a painting by Adolf Hitler. Continue reading...
In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political advisory body – high-level policymakers have reiterated the need to defuse financial risks and root out political corruption, two of President Xi Jinping’s long-term priorities. In this series, we take stock of how those efforts have progressed, and what remains to be done. The iron ore trade...
In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political advisory body – high-level policymakers have reiterated the need to defuse financial risks and root out political corruption, two of President Xi Jinping’s long-term priorities. In this series, we take stock of how those efforts have progressed, and what remains to be done. The iron ore trade between Australian miners and Chinese buyers has long followed a familiar, bruising pattern. Tense...
US tech giants like Open AI, Microsoft and Google are pouring billions of dollars into developing AI in India. But can the world’s most populous nation create its own sovereign AI champion? (Source: Bloomberg)
US tech giants like Open AI, Microsoft and Google are pouring billions of dollars into developing AI in India. But can the world’s most populous nation create its own sovereign AI champion? (Source: Bloomberg)
SANTA CLARA, Calif., March 02, 2026 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in conversational AI and real-time engagement technology, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025.
SANTA CLARA, Calif., March 02, 2026 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in conversational AI and real-time engagement technology, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025.
Court Rules For WaPo Reporter In Major Win For Press In National Security Case Authored by Jonathan Turley, There was an important ruling last week by Magistrate Judge William B. Porter of the Eastern District of Virginia in favor of the press regarding the handling of files and materials taken in a search of the home of a Washington Post reporter. Judge Porter ruled against the Trump Administrati...
Court Rules For WaPo Reporter In Major Win For Press In National Security Case Authored by Jonathan Turley, There was an important ruling last week by Magistrate Judge William B. Porter of the Eastern District of Virginia in favor of the press regarding the handling of files and materials taken in a search of the home of a Washington Post reporter. Judge Porter ruled against the Trump Administration in what he called an “unsupervised, wholesale” search of the files of Hannah Natanson, who covers the federal government for The Post. Instead, the court itself will conduct the review in camera. In his opinion, Judge Porter chastized the Trump Administration for searching Natanson’s home without additional protections for the journalist’s interests in privileged sources . This has been a long-standing objection of the press to the Justice Department, which maintains that its own “filter teams” can review the files and materials relevant to their investigation and then hand them over to prosecution teams. The Justice Department was investigating a Maryland government contractor, Aurelio Perez-Lugones, who has been indicted on charges of transmitting and retaining classified national defense information. Judge Porter chastized the government for failing to mention a 1980 law, the Privacy Protection Act, in seeking a search warrant of Ms. Natanson’s home. The PPA mandates that a search for reporting materials “shall be unlawful” unless there is probable cause that the reporter committed certain crimes to which the materials relate. In a prior hearing, Judge Porter asked pointedly, “How could you miss it? How could you think it doesn’t apply?” Judge Porter ruled that “[a]llowing the government’s filter team to search a reporter’s work product — most of which consists of unrelated information from confidential sources — is the equivalent of leaving the government’s fox in charge of The Washington Post’s henhouse.” The court indicated that the search was too broad and was ins...
Dragon Claws uniQure's ( QURE ) hopes of receiving a fast approval from the US FDA for its Huntington's disease candidate AMT-130 were dashed after the agency told the biopharma it should conduct a phase 3 randomized, double-blind, sham surgery-controlled study. The stock closed Monday down ~33%. The company had intended to gain approval through a phase 1/2 study, which compared the treatment to a...
Dragon Claws uniQure's ( QURE ) hopes of receiving a fast approval from the US FDA for its Huntington's disease candidate AMT-130 were dashed after the agency told the biopharma it should conduct a phase 3 randomized, double-blind, sham surgery-controlled study. The stock closed Monday down ~33%. The company had intended to gain approval through a phase 1/2 study, which compared the treatment to an external control. However, the agency said that the existing data is " sufficient to provide the primary evidence of effectiveness required to support a marketing application for AMT-130," according to a news release . uniQure said it will request a Type B meeting with the FDA in Q2 to discuss next steps. In a conference call , CEO Matthew Kapusta said the phase 1/2 data found a 75% slowing of disease progression and a 60% slowing in total functional capacity. He also conceded that at an October pre-BLA meeting, "the FDA conveyed that data submitted…were unlikely to provide the primary evidence to support a BLA submission." More on uniQure uniQure N.V. (QURE) Q4 2025 Earnings Call Transcript uniQure: Shares Tumble On Fresh FDA Controversy - What Investors Should Know uniQure: Now What? UniQure outlines next steps for Huntington’s program as FDA recommends Phase III sham-controlled trial uniQure falls after FDA commissioner’s comments on rare disease therapy
OPAP Holding Société Anonyme press release ( GOFPY ): FY GAAP EPS of €1.35. Revenue of €2.41B (+5.2% Y/Y). More on OPAP Holding Société Anonyme Seeking Alpha’s Quant Rating on OPAP Holding Société Anonyme Historical earnings data for OPAP Holding Société Anonyme Dividend scorecard for OPAP Holding Société Anonyme Financial information for OPAP Holding Société Anonyme
OPAP Holding Société Anonyme press release ( GOFPY ): FY GAAP EPS of €1.35. Revenue of €2.41B (+5.2% Y/Y). More on OPAP Holding Société Anonyme Seeking Alpha’s Quant Rating on OPAP Holding Société Anonyme Historical earnings data for OPAP Holding Société Anonyme Dividend scorecard for OPAP Holding Société Anonyme Financial information for OPAP Holding Société Anonyme
Sky_Blue/iStock Unreleased via Getty Images Container ships account for ~100 of the 750 ships backed up around the Strait of Hormuz following U.S. and Israeli attacks on Iran, container carrier Ocean Network Express CEO Jeremy Nixon said Monday, according to Reuters. Iran's Revolutionary Guards has warned that any ship that attempts to transit the strait would be attacked, and Iran reportedly ...
Sky_Blue/iStock Unreleased via Getty Images Container ships account for ~100 of the 750 ships backed up around the Strait of Hormuz following U.S. and Israeli attacks on Iran, container carrier Ocean Network Express CEO Jeremy Nixon said Monday, according to Reuters. Iran's Revolutionary Guards has warned that any ship that attempts to transit the strait would be attacked, and Iran reportedly has hit at least seven ships of various types. Ocean Network Express - a privately-held joint venture established by Japanese shipping lines Nippon Yusen Kaisha, Mitsui O.S.K. Lines and K Line - and other container carriers such as industry leader MSC and CMA CGM have stopped booking cargo to the Middle East, Nixon said. Shares in publicly-traded container shipping companies jumped after the companies were forced to reroute vessels away from the Suez Canal and Strait of Hormuz following the escalating violence around Iran, with A.P. Moller-Maersk ( AMKBY ) ( AMKAF ) and Hapag-Lloyd ( HPGLY ) ( HLAGF ) closing up 7.6% and 6.3% in European trading Monday. "Shipping stocks like Maersk and Hapag-Lloyd are... sharply higher, reflecting the potential for a significant increase in shipping rates," Interactive Investor's Victoria Scholar said in a note. Overcapacity had pushed average freight rates 23% lower across all of Maersk's ( AMKBY ) ( AMKAF ) shipping routes in Q4 2025, causing a $153M earnings loss at the company's main shipping business, but the fresh instability looks set to remove some of the overcapacity from the market as companies resume longer sailing routes, supporting freight rates. More on A.P. Moller-Maersk and Hapag-Lloyd A.P. Moller-Maersk Q4 2025 Earnings Call Presentation Maersk: Upside From The Q3'25 Period With A Guidance Increase Hapag-Lloyd M&A Call Transcript
James Craige, CIO and director of emerging markets at Stone Harbor Investment Partners, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ". Craige discusses positioning in countries surrounding Iran, broader Middle East exposure and the Virtus Stone Harbor Emerging Markets High Yield Bond ETF (ticker: VEMY). (Source: Bloomberg)
James Craige, CIO and director of emerging markets at Stone Harbor Investment Partners, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ". Craige discusses positioning in countries surrounding Iran, broader Middle East exposure and the Virtus Stone Harbor Emerging Markets High Yield Bond ETF (ticker: VEMY). (Source: Bloomberg)
Alignment Healthcare ( ALHC ) on Monday announced the commencement of an underwritten public offering of 13.16M shares of its common stock by an affiliate of General Atlantic. The company will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholder. ALHC -2.9% after hours to $19.08. Source: Press Release More on Alignment Healthcare ...
Alignment Healthcare ( ALHC ) on Monday announced the commencement of an underwritten public offering of 13.16M shares of its common stock by an affiliate of General Atlantic. The company will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholder. ALHC -2.9% after hours to $19.08. Source: Press Release More on Alignment Healthcare Alignment Healthcare GAAP EPS of -$0.05 beats by $0.10, revenue of $1.02B beats by $20M Medicare Advantage growth reportedly slows down as UnitedHealth, CVS retreat Seeking Alpha’s Quant Rating on Alignment Healthcare