Business

Arch Biopartners announced that its scientists published data linking the cytokine IL-32 to inflammation and diabetic kidney disease, and the release notes ongoing development of drug candidates targeting chronic kidney disease and the DPEP-1 pathway.

The Hong Kong Trade Development Council will stage its 'Two Shows, Two Venues' jewellery marketplace in early March. The 12th Hong Kong International Diamond, Gem & Pearl Show runs 2–6 March at AsiaWorld‑Expo and the 42nd Hong Kong International Jewellery Show runs 4–8 March at the Hong Kong Convention and Exhibition Centre.

Canada will allow up to 49,000 Chinese electric vehicles annually, with officials saying more than half could be priced under $35,000 within five years; imports are expected to begin this year and experts highlight questions about resale value, parts distribution and winter range.

The article reports the U.S. tapped Vitol Group and Trafigura Group to market Venezuelan oil, and the article mentions Reliance Industries Ltd. recently acquired a cargo after pausing trade when U.S. sanctions waivers expired.

After about 15 years of work, the 19-kilometre, 25-stop Eglinton Crosstown LRT began service at Mount Dennis; it opened six years late and its final budget approaches $13 billion.

The federal government announced a $1.01-billion contingency loan facility for Canada Post to help maintain solvency; it tops up a previous $1-billion credit line that was exhausted in December. Ottawa is reviewing a submitted transformation plan while a tentative labour agreement awaits ratification.

The Eglinton Crosstown opens Sunday after a 15-year construction period; the article reports the line’s trainsets and platform design have much lower capacity than a Toronto subway, which could lead to crowding on the busy western segment.

Anna Gasser qualified ninth for the Olympic big air final and remains in contention for a third straight gold; Zoi Sadowski-Synnott topped qualifying with the highest combined score.

Prime Minister Sanae Takaichi won a decisive election mandate and markets have reacted, with domestic shares reaching record highs while Japanese government bond yields and the yen have come under pressure.

Russian attacks on Ukraine's energy grid have caused repeated power outages that are forcing many firms to rely on backup generators and raising operating costs. A Kyiv School of Economics forecast says these strikes are the most acute short-term risk to GDP.

U.S. ice dancer Vadym Kolesnik was reunited in Milan with two relatives from Kharkiv after four years apart thanks to a GoFundMe, and they attended the Winter Games as he prepared to compete.

As Line 5 opens in phases on Feb. 8, experts say years of delays, construction defects and legal disputes have exposed weaknesses in how Toronto plans and contracts major transit projects.

The Eglinton Crosstown opens Sunday at 7 a.m. after a 15-year construction period, and its subway-like western section may face crowding because the trains and platform design offer significantly less capacity than a typical Toronto subway.

Elvis Smylie won the LIV Golf Riyadh tournament in his first LIV start with a bogey-free 8-under 64, finishing one stroke ahead of Jon Rahm; his team, Ripper GC, also won the team title.

Sun Peaks Resort announced it was certified again by Great Place To Work in 2026 based on employee survey responses, and it collects feedback through formal surveys and an employee-led Kaleidoscope Committee.

President Zelensky said the United States has proposed that Ukraine and Russia reach an agreement to end the war by June and has offered to host the next round of trilateral talks in the U.S.; he also reported renewed Russian strikes on energy infrastructure that forced nuclear plants to cut output.

Stellantis announced it will end ACC factory operations in Germany and Italy and said affected workers will be offered roles within the company; the automaker also reported €22.2 billion in writedowns largely linked to unprofitable electric-vehicle projects.

The Eglinton Crosstown LRT opens after years of delay and cost overruns; experts say it could add redundancy and capacity to Toronto's rail network, but its benefits depend on smooth operation and stable funding.

Toronto's 19-kilometre Eglinton Crosstown LRT is scheduled to begin service Sunday after construction that began 15 years ago and an opening six years later than planned; politicians and transit officials acknowledged problems during the rollout.

British Columbia has filed to ask the Supreme Court of Canada to hear an appeal of a court ruling tied to the Declaration on the Rights of Indigenous Peoples Act and says it will also propose legislative amendments; First Nations leaders say the proposed changes would effectively gut DRIPA.

China's Supreme People's Court has overturned the death sentence of Canadian Robert Lloyd Schellenberg, Global Affairs Canada confirmed, and Ottawa said it will continue to provide consular services to him and his family.

The article reports that President Trump removed India's 25% Russia-related tariff after a deal in which India agreed to buy $500 billion of U.S. goods and to reduce trade barriers on agricultural, manufactured, chemical and medical-device products.

President Trump announced a TrumpRX website that lists medicines from companies that agreed to Most Favored Nation pricing, and the site shows U.S.-to-Canada price comparisons including an example for the fertility drug Gonal-F.

Metrolinx's CEO apologized after a GO train derailed while leaving Union Station and contacted a track switch, disrupting signalling and forcing modified schedules; the agency says repairs are done and hopes normal service will resume by Saturday.

Unemployment rates in Kelowna and Kamloops fell in January after declines in the local labour force, with Kamloops at 4.8% and Kelowna at 6.8%.

Amazon forecast a sharp rise in capital spending tied largely to AI infrastructure, and shares moved lower after the company's capex outlook exceeded analysts' expectations.

Experts say 2026 mortgage renewals in British Columbia should be manageable as delinquency rates remain a fraction of one per cent and many 2021 borrowers have paid down substantial principal.

Halifax expects a 10.9% rise in average urban residential property tax bills for 2026-27, and councillors are reviewing cuts and new revenue options including paid Saturday parking and higher parking fees as part of the budget process.

The University of Michigan's Consumer Sentiment Index rose to 57.3 in February, the highest since last August, while worries about job security and higher prices remained widespread.

A White House executive order announced on Jan. 7 restricts defence contractors from paying dividends or buying back shares and proposes capping annual CEO pay at US$5 million; Reuters reporting says investors and some executives expressed concern while several companies said they would review or defend payout policies.