Business

Simbe Robotics introduced the Tally 4.0, an upgraded autonomous retail robot with longer battery life, improved imaging, and enhanced onboard AI processing powered by NVIDIA. The robot collects visual and spatial shelf data to inform inventory levels, pricing and product placement.

Prime Minister Mark Carney will meet with Coastal First Nations in Prince Rupert to discuss major projects and marine conservation, and Natural Resources Minister Tim Hodgson will attend after a previously reported rocky start with the alliance.

A 43-year-old man, Arsalan Chaudhary, was arrested at Toronto Pearson Airport and charged in connection with the April 2023 theft of more than $20 million in gold; he is being held for a bail hearing in Brampton.

Spot gold and silver reached record prices on Monday as investors sought safe-haven metals amid renewed uncertainty over the US Federal Reserve, including reports that Fed chair Jerome Powell was served a grand jury subpoena.

Kaffea-X has launched a digital marketplace for unroasted specialty coffee beans that uses a proprietary KUPIC™ classification, real-time price data, and third-party escrow to support transactions.

The Department of Justice reportedly threatened to criminally indict Federal Reserve Chair Jerome Powell and issued subpoenas about renovation costs; Powell said the subpoenas are intended to pressure him to follow President Trump.

Strategists said a Fed subpoena prompted 'Sell America' sentiment among some investors, while others pointed to the dollar's reserve role, deep Treasury liquidity and AI-driven gains as factors limiting broader outflows.

The European Commission approved a high dose regimen of SPINRAZA (nusinersen), Biogen announced on January 12, 2026.

A Calgary couple used early‑2020 investing gains, steady incomes and frugal living to help afford a $550,000 townhouse; they closed in May, put down $120,000 and took a five‑year fixed mortgage.

East Broadway between Main and Quebec will be closed to vehicles from Jan. 26 for about four months to rebuild the roadway above the future Mount Pleasant Station, and buses will be detoured to East 8th Avenue affecting the 9 and 99 routes.

Prime Minister Mark Carney is visiting China for the first time in nearly a decade to repair relations and support efforts to diversify Canada's trade away from the United States.

Japan has begun a test to extract rare earth elements from deep-sea mud near Minamitori Island using the government-backed vessel Chikyu; the government says a full-scale demonstration could follow by February 2027 if the trial is viable.

Stocks fell on Wall Street after Federal Reserve Chair Jerome Powell said the Justice Department had served subpoenas and threatened criminal charges, which he described as attempts to undermine the Fed's independence.

Australia will use a A$1.2 billion program to buy and stockpile rare-earth elements, antimony and gallium, aiming to strengthen defence and technology supply chains and reduce reliance on China.

Draganfly will present at the 28th Annual Needham Growth Conference on January 14, 2026, the company announced in a January 12 release. The article describes Draganfly as a long-running developer of drone solutions and software that serves public safety, public health, mining, agriculture and related markets.

Xenon announced it will outline upcoming milestones at the 2026 J.P. Morgan Healthcare Conference. The press release includes a Safe Harbor statement noting that forward-looking statements involve risks and uncertainties.

Largo has initiated geological studies to assess the continuity of copper mineralization at the Maracás Menchen Complex, and says prior flotation tests (originally run for platinum group metals) suggested potential copper recovery as a byproduct; the company also extended a US$6 million secured loan.

U.S. financial stocks declined in premarket trading after President Trump called for a one-year 10% cap on credit-card interest rates starting Jan. 20; analysts said imposing a cap would likely require legislation and its path was unclear.

Heineken said CEO Dolf van den Brink will resign and leave on May 31, and the board has begun a search for his successor; he will be available as an adviser for eight months from June.

MindMed announced it has rebranded to Definium Therapeutics and outlined timelines for three Phase 3 Part A topline readouts for DT120 ODT in 2026. The release also noted plans for a Phase 3 initiation, an analyst day in Q2 2026, and that statements are forward-looking and subject to risks.

Osisko Metals has agreed to a bought-deal private placement of 11,812,000 flow-through shares at C$1.27 per share, raising gross proceeds of C$15,001,240, led by Canaccord Genuity and BMO Capital Markets.

Axsome Therapeutics said it is providing preliminary fourth-quarter and full-year 2025 net product revenue and included customary forward-looking statements outlining risks and uncertainties.

Hudbay announced the closing of a $600 million strategic investment from Mitsubishi, giving Mitsubishi a 30% joint venture interest in Copper World; Mitsubishi contributed about $420 million on closing and will add $180 million within 18 months.

lululemon updated its revenue and earnings expectations for the fourth quarter and issued a press release ahead of the ICR Conference that includes forward-looking statements and risk disclosures.

Canadian Prime Minister Mark Carney is visiting China this week to rebuild relations and said he aims to double Canada's non-U.S. exports over the next decade.

Hudbay announced that Mitsubishi Corporation has closed a $600 million strategic investment to take a 30% joint venture interest in the fully permitted Copper World project, with about $420 million contributed at closing and $180 million due within 18 months.

Oil prices held gains as Iran protests were reported to pose fresh crude supply risk, and the US president signed an order to protect Venezuelan oil revenue while meeting with major oil company leaders.

Prime Minister Mark Carney will visit Beijing this week and then travel to Doha and Davos, as geopolitical tensions and trade disputes form the backdrop. Markets and policymakers are watching tensions between the U.S. administration and Federal Reserve leadership, and key Canadian economic reports are due later this week.

Zymeworks announced appointments, promotions, retirements and reductions to its leadership team intended to align roles with the company’s corporate strategy announced in November; the firm named Brian Cherry to its Board and said Dr. Sabeen Mekan will transition to Chief Medical Officer effective February 1, 2026.

IVECO and PlusAI announced a programme to deploy heavy-duty trucks equipped with Level 4 autonomous driving systems in Southern Europe, working with logistics operator Sesé and the Government of Aragon, Spain.