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Lululemon Athletica Inc. ’s first-quarter earnings beat market expectations, but the retailer signalled problems ahead as it cut its full-year outlook. On Thursday, the Vancouver-based company reported net revenue increased four per cent year over year to US$2.5 billion for the three months ending May 3, coming in above analysts’ forecasts of US$2.4 billion. Net…

Competition authorities in the United Kingdom are imposing new conduct requirements on Alphabet Inc. ’s Google that will allow publishers to keep their content from being used to power the tech giant’s artificial intelligence features. In what the U.K.’s Competition and Markets Authority called a world first, publishers will be able to prevent their content…

Ottawa’s budget watchdog’s new economic outlook projects the Bank of Canada will hold its key interest rate steady through 2026 before gradually raising it to 2.75 per cent by the end of next year. The Office of the Parliamentary Budget Officer ‘s report published Thursday said it expects the central bank to hold fire through…

Just six weeks after airlines operating in Europe seemed to be facing disruptive fuel supply shortages, Air Canada and Lufthansa are saying it’s safe for customers to book their summer holiday trips. In April, a wave of concern swept the travel industry after Fatih Birol, head of the International Energy Agency, made pronouncements that there…

OTTAWA — As Prime Minister Mark Carney stood Thursday at the Toronto General Hospital announcing his government’s long-awaited strategy on artificial intelligence, he touted the institution’s history as being home to the world’s first lung transplant. That legacy, he said, showed the possibility of what can happen “when good people harness new technologies and deploy…

OTTAWA — The government that promised to move at speeds not seen in generations is slowing down its pace to allow more consultation on its major projects reform. On May 8, the federal government launched a 30-day consultation period with the Canadian public, Indigenous peoples, provinces and territories, on potential changes to regulation aimed to…

OTTAWA — Former Liberal leader and minister Stéphane Dion is not calling on Canada to become a member of the European Union (EU) — but rather a “full and integral member” of the European Political Community (EPC) to reinforce ties with the continent. Dion, who until recently served as Canada’s ambassador to France and Germany…

I have spent most of my professional life between Washington and Silicon Valley. On paper, they are very different places. One is populated by policymakers, diplomats and trade negotiators. The other by founders, engineers and investors. Yet both share an unusual characteristic: They have an extraordinary ability to shape the future. Today, Washington and Silicon…

A woman sexually assaulted by a man who used a sleep disorder known as “sexsomnia” as part of his defence at trial has been awarded just over $210,000 in damages by the Supreme Court of B.C. In convicting Karl Richard Antonius of one count of sexual assault in July 2020, now-retired Justice Austin Cullen didn’t…

Canadians across the country are in with a chance of seeing the northern lights tonight. That’s because a geomagnetic storm is expected to hit Earth today, after the National Oceanic and Atmospheric Administration’s (NOAA) Space Weather Prediction Centre issued a G3 geomagnetic storm watch for Thursday and Friday. G3 is NOAA’s classification for a “strong”…