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CityAM.com is the online presence of City A. M., London's first free daily business newspaper. Both platforms cover financial and business news as well as sport and… The IMF warns that AI could affect 60% of jobs in advanced economies, potentially undermining income tax revenues.

Conservation officers laid charges after two years to two Nova Scotia businesses for illegally buying lobster in the province. Independent Fisheries and 3329874 Nova Scotia Ltd., both in Shelburne County, have several charges from the Department of Natural Resources. The press release by the government notes that the investigation is ongoing and it’s possible more charges could be laid.

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AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

Member states of the International Energy Agency, including Canada, will release 20 million barrels of diesel “as soon as possible” into the global market to ease the pressure on fuel costs, the agency said in a statement. Crude oil exports through the Strait of Hormuz are slowly recovering after more than half a year of conflict between the United States and Iran but oil prices still face volatility, with the rising cost diesel at the centre of the turbulence. In March, IEA members agreed to release more than 400 million barrels of oil from their emergency reserves to calm oil markets. Canada agreed to release a total of 23.6 million barrels – the third highest volume released by an individual member. On Thursday, the IEA confirmed that over 330 million barrels of emergency reserve oil had been released since March, with another 100 million to go. Of the remaining 100 million barrels, 20 million will be released “as soon as possible,” the agency said. Story continues below advertisement

Just visiting a page or refreshing an app can be enough to fall victim to a malware attack in which your personal data is stolen from a laptop or phone, researchers have found. You are not even required to “click” on anything. An Israeli spyware firm has been found to be behind the first-known instance of “zero-click” targeted advertising in which fraudsters or spies can steal private data and send it to external servers, with Al Jazeera journalists among the victims. Recommended Stories list of 3 itemslist 1 of 3A world on trial: How lawyers documenting Israeli abuse pay a pricelist 2 of 3EU lawmaker investigating surveillance hacked by Israeli spyware, report sayslist 3 of 3UK, US, Netherlands warn of Iran-linked spywareend of listIn June 2025, 45 devices used by Al Jazeera staff – including several who reported on sensitive subjects – were targeted with spyware which installed itself without the need to open or download any files. An investigation by the Canada-based academic research unit Citizen Lab, prompted by Al Jazeera’s initial internal probe into the issue, discovered that the Israeli company Candiru was behind the attacks.

Nova ScotiaA massive data centre to provide computing power for artificial intelligence is under pre-construction just outside a town on Cape Breton Island, Nova Scotia. EverWind Fuels will own it, an unnamed AI company will lease itTaryn Grant · CBC News · Posted: Oct 16, 2026 10:00 AM EDT | Last Updated: 2 hours agoListen to this articleEstimated 6 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Nova Scotia announced on Friday morning that a data centre to power artificial intelligence is under construction in Cape Breton. (Taryn Grant/CBC)A massive data centre to provide computing power for artificial intelligence is under pre-construction just outside Port Hawkesbury in Cape Breton. EverWind Fuels said it will build the facility in two stages, with the first phase to come online by the end of 2027 and the second in 2028. The company, headed by Australian-American private equity veteran Trent Vichie, had previously confirmed it has data centre ambitions, but said little else. On Friday, EverWind released more information about its plans.

Elon Musk, Tesla’s CEO and co-founder of SpaceX, recreated a “Knight Rider” moment, showing off his companies’ engineering capabilities with a supercar equipped with cold-gas thrusters developed using SpaceX technology. Tesla's share price increased on Friday, largely due to the hype, but while the demonstration impressed, analysts see limited commercial value in the new model.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

Two Nova Scotia businesses have been charged following a two-year investigation into illegal lobster buying in southwestern Nova Scotia. Independent Fisheries in Lockeport and 3329874 Nova Scotia Ltd. in North West Harbour, Shelburne County, both face charges under the Fisheries and Coastal Resources Act. Conservation officers with the Department of Natural Resources laid the charges.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos