Business

Cambodia’s arrest and extradition of a tycoon accused of running a large online scam network is a rare enforcement action; the industry remains widespread across Southeast Asia and can shift operations when pressured.

Chick-fil-A announced on Jan. 5 a yearlong 80th-anniversary program that will run 12 months and include new permanent menu items, rotating Specialty Plush Cows sold in restaurants, limited-edition nostalgic merchandise, themed apparel online, and nationwide customer appreciation giveaways.

Korean prosecutors are seeking an arrest warrant for a private equity billionaire, the article reports; it notes that in 2015 MBK Partners led a consortium that bought Homeplus from Tesco for about $6 billion.

Officials say a Dec. 17 explosion at the Taber community centre was caused by a propane leak from an ice resurfacer; no injuries were reported and the investigation is complete.

The article reports that Qatar Airways has introduced Starlink Wi‑Fi on its Boeing 787‑8 aircraft, offering high-speed, low-latency internet that supports video calls, streaming and cloud work. It says the airline positions connectivity as a core element of the premium travel experience rather than an optional amenity.

Ontario approved construction of the Third Line, a roughly 65-kilometre underwater transmission cable from Darlington Nuclear Generating Station to Toronto, estimated at about $1.5 billion and designed to carry roughly 900 megawatts.

Prime Minister Mark Carney will meet with provincial premiers in Ottawa on Jan. 29, as the mandatory review of the Canada‑U.S.‑Mexico Agreement (CUSMA) moves into a more active phase.

U.S. forces captured Venezuelan President Nicolás Maduro and his wife on Jan. 3, and he is reported as awaiting trial in the United States. Canada is watching closely as officials and citizens follow U.S. decisions related to the situation.

Six charts show Venezuela's oil production collapsed in the late 2010s and that the country still holds very large oil reserves.

Seiko's 145th Anniversary line includes a limited-edition King Seiko KS1969 mechanical chronograph with a column-wheel movement and vintage-inspired design, plus numbered Prospex Speedtimer and Presage Classic Series models featuring a solar GPS Dual Time movement and enamel dials.

A Calgary family searching for 32-year-old Deeanna Erickson, missing since June 6, 2025, received a Dec. 23 extortion message that included a convincing AI-generated image; Calgary Police report AI-enabled scams targeting families of missing people are on the rise.

Wilfredo Aquino, a former TD assistant manager in Midtown Manhattan, pleaded guilty to conspiring to launder funds tied to a network that prosecutors say moved hundreds of millions of dollars through TD branches; authorities allege he processed more than 1,600 cheques totaling over US$92-million.

PDVSA says negotiations with the United States on oil sales are progressing, and Washington announced a deal for access to up to US$2 billion in Venezuelan crude.

U.S. officials said the Coast Guard and U.S. military were attempting to seize a Russia-flagged oil tanker linked to Venezuelan exports near Iceland after a weeks-long pursuit; officials reported Russian naval vessels, including a submarine, were in the general area.

President Trump posted on Truth Social that his administration will move to ban Wall Street investors from buying single-family homes and said he would ask Congress to codify the measure; he did not provide details or cite legal authority.

The administration paused leases on five East Coast offshore wind projects citing national security; several developers and the states of Connecticut and Rhode Island have filed lawsuits, and Empire Wind has asked the court for expedited review with a Jan. 16 deadline.

Ben Rowswell, Canada's former ambassador to Venezuela, said Ottawa is echoing U.S. positions by raising the prospect of future elections after Nicolas Maduro's ouster; Foreign Affairs Minister Anita Anand attributed comments about future Venezuelan elections to U.S. Secretary of State Marco Rubio.

Deloitte projects growth of 1.5% in 2026, down from 1.7% in 2025; chief economist Dawn Desjardins says momentum may build in the second half of the year and highlights trade and business investment as key trends.

Teucrium filed with the U.S. Securities and Exchange Commission to launch the Teucrium Venezuela Exposure ETF, intended to track companies with significant exposure to Venezuela. The filing comes after reports of a U.S. capture of President Nicolás Maduro that coincided with a sharp rally in Venezuelan assets.

A U.S. military operation that captured Venezuelan president Nicolás Maduro led to widespread cancellations of U.S. flights to Caribbean destinations, and Canadian carriers say most services remain operating with Air Canada offering limited rebooking options.

JPMorgan Chase's asset-management unit is ending relationships with proxy advisory firms and plans to use an internal AI platform called Proxy IQ to assist with U.S. company votes in the upcoming proxy season.

Police responded after a person was shot on a GO bus near the Yorkdale GO terminal Sunday evening; officers found a man with a gunshot wound and later said he died. Toronto police's homicide unit has taken over the investigation.

At the RBC CEO Conference in Toronto, Canadian bank leaders said national security and rising income inequality are two of the biggest risks, and several executives noted increased investment in AI and technology to reduce costs.

Modelo has introduced Modelo Chelada Limón y Sal Non‑Alcoholic, its first non‑alcoholic Chelada, now being sold in leading U.S. markets in 12 oz 6‑packs.

A whitepaper titled "ESG Value Creation in Private Equity: From Rhetoric to Returns" combines BCI Private Equity's operational insights with Stanford Law's SLTI research methodology and reports that financially material ESG initiatives can contribute to EBITDA improvements and reduce operational risk.

U.S. forces boarded and seized a Russia-flagged oil tanker tied to Venezuela in the North Atlantic and handed control to U.S. law enforcement, officials said.

Talisker has hired SGS Canada to prepare an NI 43-101 Technical Report that will include an updated Mineral Resource Estimate and a Preliminary Economic Assessment; the update will incorporate 138 additional drill holes (31,093 m) and mining depletion at Mustang in 2025, and the report is expected in Q2 2026.

Global inflation averaged 4.2% in 2025 and the IMF projects it will fall to 3.7% in 2026; the map shows Venezuela with the highest rate at 269.9% in 2025 and China at 0.0%.

Reports say Chevron and private equity group Quantum Energy Partners are teaming up to bid for Lukoil's international assets, which the Financial Times values at about US$22 billion; Chevron issued a brief statement and other parties did not immediately comment.

U.S.-Cuba tensions have increased after public criticisms from U.S. officials and remarks about Cuba's loss of income amid reduced Venezuelan oil supplies.