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Published: October 23, 2026 at 11:57a.m. EDTSYDNEY/SHANGHAI/LONDON -- Apple’s first folding phone, the iPhone Duo, hit stores around the world on Friday with a price tag of about $3,000 and less of the fanfare that accompanied previous iPhone launches. From Singapore and Shanghai to London and San Francisco, demand was strong but with sales rationed, there were fewer of the round-the-block queues and overnight camp-outs that once marked new iPhone days. Competitors such as Samsung Electronics and Huawei Technologies have sold premium foldable phones for years and the Duo is a test of whether Apple can reinvent the small foldable mobile market the way the iPhone did for smartphones. It is also an early challenge for Apple’s new CEO John Ternus, the former hardware chief who unveiled the phone barely a week after taking charge in September. Apple’s estimated delivery dates for the Duo had slipped to late January within minutes of pre-orders opening a week ago, as demand outpaced supply. The U. S. company called the response “nothing short of extraordinary.”Apple capped pre-orders at two handsets per customer and limited sales to walk-in shoppers.

Trade Minister LeBlanc reacts to Trump’s comments on Bombardier and the importance of protecting the aerospace sector. Canadian jet maker Bombardier plans to invest US$270 million in the United States and add 300 jobs, the company said on Friday, days after U. S. President Donald Trump dropped threats to ban the company from the country. Trump’s September threats against Bombardier became a political issue in Kansas, where the company employs 1,500 people in Wichita. The threatened ban prompted calls to the White House from Kansas lawmakers, including Republican Senator Roger Marshall, who is facing a tough race in the November 3 elections. In a speech in Wichita on Monday, Trump said he did not plan to hurt Bombardier and would take care of its workers. Latest updates on company news hereBombardier announced $50 million of the investment in its Wichita operations earlier this month and plans additional funding for its operations in Indiana, Connecticut and Texas. Bombardier reiterated on Friday it is hiring for 500 roles open across the U. S. and said it is planning to create an additional 300 jobs through expansion projects. “Based on our constructive conversations with the U. S.

MarketsPublished: October 23, 2026 at 11:41a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. TORONTO — Canada’s main stock index was down more than 150 points in late-morning trading, despite strength in the energy sector as the price of oil rose to top US$100 per barrel. The December crude oil contract was up US$2.71 at US$102.18 per barrel. Real-time TSX market updates hereThe S&P/TSX composite index was down 167.55 points at 35,805.90. In New York, the Dow Jones industrial average was down 477.85 points at 52,390.13. The S&P 500 index was down 15.23 points at 7,648.20, while the Nasdaq composite was up 43.55 points at 26,052.41. S&P 500 market updates hereThe Canadian dollar traded for 71.51 cents US compared with 71.32 cents US on Thursday. The December gold contract was down US$50.30 at US$4,010.10 an ounce.---This report by The Canadian Press was first published Oct. 23, 2026.

Published: October 23, 2026 at 11:21a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. Fuel cells are gaining traction among U. S. hyperscalers racing to build data centres for the AI boom but struggling with grid constraints to secure quick and reliable power. Energy research firm Rystad Energy projects investments in fuel cells for data centres to rise to about US$30 billion by 2030 from US$2.8 billion in 2025. What are fuel cells? A fuel cell generates electricity through a chemical reaction between a fuel, such as natural gas or hydrogen, and oxygen, converting the fuel’s energy directly into electricity rather than burning it. Bloom Energy operates solid-oxide technology ready for 100 per cent pure hydrogen, while FuelCell Energy uses molten carbonate technology capped at 40 per cent hydrogen blends, even as both systems are fuel-flexible. Why is demand growing? Data centres require massive amounts of reliable electricity to run computing equipment and cooling systems around the clock. Linking large electricity loads to the U. S.

Published: October 23, 2026 at 11:14a.m. EDTPrime Minister Mark Carney says that he was in communication with U. S. President Donald Trump on Wednesday morning about cross-border trade. Canada and the U. S. are close to a trade deal, according to U. S. President Donald Trump. How to set CTV News as your preferred source on GoogleAsked about progress toward a deal with Mexico, Trump said during a scrum with reporters in Washington that his administration is “very close” to a “very good” deal. “The same thing with Canada. Canada’s working very hard to make a deal with us. And I hate to say this, but we have all the cards,” he said. During an overnight press conference in Istanbul, hours before Trump’s comments, Prime Minister Mark Carney said Canada was “continuing to engage with the U. S. government.”“We continue to be ready to sit down in good faith to negotiate a trade deal that is in both of our interests. Of course, we’re looking for the interests of Canadians, we don’t care about the timing of that,” he said. “We could sign it [a deal] this afternoon if the U. S. were there.

ISTANBUL -- Prime Minister Mark Carney said Friday a Canadian company has a real shot at winning a lucrative tender to supply nuclear energy to Turkiye -- a prospect he said was remote a year ago. Carney was meeting with Turkish business leaders in Istanbul Friday, a day after he announced a new strategic partnership between Canada and Turkiye to deepen co-operation on a range of files. Energy is one of the pillars of that agreement and Carney said the AtkinsRealis bid to supply two planned Turkish power plants with the Candu nuclear reactor now has “good chances” of succeeding. He added it would have been a long-shot a year ago. “We’re in negotiations, and those negotiations are getting more intense. Probably from here to the end of the year, or around COP 31, it will be a decision for the Turkish government,” Carney told reporters in French. Prime Minister Mark Carney walks to a news conference in Istanbul, Turkey Friday, Oct. 23, 2026. THE CANADIAN PRESS/Adrian Wyld Prime Minister Mark Carney walks to a news conference in Istanbul, Turkiye Friday, Oct. 23, 2026.