Author: Press Room

Prime Minister Mark Carney, projected to form the next federal government, spoke to an excited crowd in Ottawa on early Tuesday morning. During his victory speech, Carney promised to “think big” and lead a government that represents all Canadians. He acknowledged that while millions of Canadians didn’t vote for him, he would “always do [his] best to represent everyone who calls Canada home.”While votes are still being tallied in some parts of the country, it is unclear as of 2:37 a.m. Eastern on April 29 whether the Liberals will form a majority or minority government.Here is the transcript of Carney’s…

Former CFMEU state secretary Darren Greenfield and his son have entered guilty pleas over corruption charges that date back as far as 2018.

Salman Toor needed a better perspective.Backing slowly away from his easel, the 42-year-old artist closed one eye and raised a thumb. He arched his back to gain a few more centimeters of distance and then snapped upright. Exasperation led to acceptance. He buried any doubts and raised a paintbrush, once again, to the emerald-green portrait of his mystery man in heart-shaped sunglasses.On a morning in March, the walls were covered with dozens of new drawings, paintings and etchings that Toor has created over the last few years in anticipation of his largest exhibition to date, “Wish Maker,” which opens May…

Chubby Checker is finally joining the Rock & Roll Hall of Fame, 65 years after “The Twist” became a No. 1 hit and an international dance craze.Checker, 83, who has campaigned for decades to be admitted to the pantheon — at one point taking out a full-page ad in Billboard magazine that said “I want my flowers while I’m alive” — is part of the 40th annual crop of performer inductees. He is joined by Joe Cocker, the White Stripes, Outkast, Cyndi Lauper, Bad Company and Soundgarden, the Rock & Roll Hall of Fame Foundation announced on Sunday evening, after…

Spain’s national power company said early Tuesday that nearly all power had been restored in the country, mostly ending a major outage that affected airports, trains, traffic lights and other critical infrastructure.The company, Red Eléctrica, said that 99 percent of power demand in Peninsular Spain was being met, and that all substations on the grid were operational by 6 a.m. local time, nearly 18 hours after power was shut off on Monday.Peninsular Spain comprises a vast majority of the country’s territory on the Iberian Peninsula, where the blackout also hit neighboring Portugal.The electricity and gas supplier in Portugal, REN, said…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Chinese officials stated yesterday that they could do without US agricultural and energy imports, should tariffs remain in place — another signal that Beijing is not backing down in the face of US pressure, and that we are entering into a massive game of “trade war…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Deutsche Bank has reported its highest quarterly pre-tax profit in 14 years but warned of the impact of US tariffs.Pre-tax profit rose 39 per cent year on year to €2.8bn in the first quarter of 2025, exceeding analysts’ expectations by 7 per cent.Revenues grew 10 per cent to the highest level in a decade, boosted by bond and currency trading amid heightened global market volatility. Costs fell 2 per cent, helped by lower litigation charges.The results put Germany’s largest lender “on track…

President Trump’s nominee to be the U.S. surgeon general, the Fox News contributor and family medicine physician Dr. Janette Nesheiwat, has described herself as a double board-certified physician with a degree from the University of Arkansas School of Medicine — credentials the president touted in his announcement.But those claims about her certification and schooling appear to be misleading. Nesheiwat actually earned her medical degree from the American University of the Caribbean (AUC) School of Medicine, located in St. Maarten, in the Caribbean, according to records reviewed by CBS News. A spokesperson for the University of Arkansas confirmed to CBS News she completed…

Uber on Monday informed employees, including some who had been previously approved for remote work, that it will require them to come to the office three days a week, CNBC has learned. “Even as the external environment remains dynamic, we’re on solid footing, with a clear strategy and big plans,” CEO Dara Khosrowshahi told employees in the memo, which was viewed by CNBC. “As we head into this next chapter, I want to emphasize that ‘good’ is not going to be good enough — we need to be great.”Khosrowshahi goes on to say employees need to push themselves so the company…

The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate production to the United States.Tariffs of 25 percent on imported vehicles and on auto parts will remain in place. But the tariffs will be modified so that they are not “stacked” with other tariffs, for example on steel and aluminum, a White House spokesman said. Automakers will not have to pay tariffs on those metals, widely used in automobiles, on top of the tariffs on cars and parts.In…