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Canada faces scourge of rising car thefts
Montreal-area resident Zachary Siciliani discovered recently that his car had simply disappeared -- likely in one of a rash of vehicle thefts in Canada. The crime trend, which the Insurance Bureau of Canada has dubbed a "national crisis," has seen stolen vehicles shipped through the busy Port of Montreal to overseas car lots for sale.
Tesla turns up charm ahead of investor vote on huge Musk pay plan
Electric automaker Tesla has launched a charm offensive to try to coax shareholders to vote Thursday for billionaire CEO Elon Musk's giant pay package, after the windfall was nixed in court. "Shareholders should ask themselves this question: is Tesla better off with or without Elon," he said.
Baltimore shipping lane fully reopens after bridge collapse
The Baltimore shipping lane blocked for more than two months after a cargo ship collided with a major bridge in March, sending it crashing into the water, fully reopened on Monday, authorities said. The full reopening of the shipping channel will allow for two-way traffic, Monday's statement said. sst/bfm
Apple partners with OpenAI as it unveils 'Apple Intelligence'
Apple on Monday unveiled "Apple Intelligence," its suite of new AI features for its coveted devices -- including a partnership with OpenAI -- as it seeks to catch up to rivals racing ahead on adopting the white hot technology.
Euro knocked by European vote uncertainty
The euro recoiled Monday after a far-right surge in weekend EU polls sparked a general election in France, although analysts believe the single currency will remain resilient. Investors fretted over the region's political "shift to the Far Right", as well as the "surprise factor" of a snap general election in France, according to XTB analyst Kathleen Brooks.
EU targets UAE telecoms firm in new anti-subsidy probe
The European Union on Monday announced a formal anti-subsidy probe targeting an Emirati telecoms company, the first action under new rules to focus on a foreign bid to buy EU assets. The latest probe is the first against a non-Chinese company under new EU rules.
Thieves ram-raid Chanel store in Paris
Several thieves used a car early Monday morning to ram-raid a Chanel store near the Champs-Elysees avenue in Paris before setting it on fire and fleeing in another vehicle, a police source said. The criminals set fire to the ram car before fleeing, but firefighters brought the blaze under control, the police source said.
Asian markets fall as strong US jobs data dents rate cut hopes
Asian markets mostly fell Monday as a mixed jobs report eased worries about the US economy but dampened hopes for interest rate cuts, while political uncertainty in Europe weighed on the euro. On currency markets, the euro fell against its peers after far-right parties scored big in European Union elections.
Apple to break AI silence at developers conference
Apple on Monday will attempt to persuade doubters on its AI strategy after rivals raced ahead in adopting artificial intelligence. ChatGPT-style AI voraciously feeds off data and Apple will be at pains to fight the AI race while living up to its traditional position on safeguarding data privacy.
AFP
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