Author: Press Room

The former residence of Canada’s consul general in New York has sold after nearly two years on the market. Global Affairs Canada has not yet confirmed the sale price but in March said it had received an offer on the residence.One realtor website said the five-bedroom apartment on Park Avenue sold for US$8.05 million on May 11. Another website said the price was that amount in March, around the time Global Affairs Canada confirmed it had received an offer.The apartment was originally listed for US$9.5 million — C$13 million — in August 2024. Senior government officials said at the time…

A Barramundi clue and close ties with Chris Ellison’s billionaire chum has a former liquidator pegged as the boss of a new family office.Mineral Resources on Friday revealed its founder and chief, Mr Ellison, had sold $122 million worth of company stock for “personal financial planning purposes”.This included for “the establishment of a family office”, which is a private investment firm that manages family wealth across multiple generations.Sources close to Mr Ellison believe former Ferrier Hodgson partner Darren Weaver will be overseeing investment decisions of the new family office.Mr Weaver left Warburton Group — the Cottlesloe-based family office of Multiplex…

However, in an apparent softening of Washington’s stance, the senior Iranian source said the US had agreed to release a quarter of Iran’s frozen funds – totalling tens of billions of dollars – held in foreign banks. Iran wants all the assets released.The Iranian source also said Washington had shown more flexibility in allowing Iran to continue some peaceful nuclear activity under supervision of the International Atomic Energy Agency.Iran’s Tasnim news agency separately quoted an unidentified source as saying the US had accepted waiving oil sanctions on Iran while negotiations were under way. Iranian officials did not immediately comment on…

Rob Malley argues that current talks have ‘very small chance of success’.When United States President Donald Trump measures success by counting how many Iranian leaders the US and Israel have killed or how many Iranian boats or missile launchers have been destroyed, he’s looking at the “wrong metric”, argues a former US special envoy to Iran, Rob Malley.Malley told host Steve Clemons that the only way out of this war is “a settlement that respects our core interests, but also theirs”.To calculate the odds of a deal, Malley said, psychologists may be more useful than experts because “it really depends…

President Trump and the Justice Department reached a settlement regarding the president’s $10 billion lawsuit against the Internal Revenue Service and Treasury Department, according to documents filed with the court Monday. Mr. Trump had accused the agencies of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company. The lawsuit was filed in Miami federal court in January in Mr. Trump’s personal capacity, and alleged government mishandled his tax returns, leading to their improper disclosure to media outlets in 2020. Mr. Trump’s sons, Eric Trump and Donald Trump Jr., and the Trump Organization are also plaintiffs…

NEWYou can now listen to Fox News articles! A Santa Barbara County Fire Department helicopter evacuated 11 National Park Service employees from Santa Rosa Island on Sunday as a human-caused wildfire spread across more than 10,000 acres and threatened to cut off employee housing.”Helicopter Rescue – Helicopter 964 successfully evacuated 11 National Park Service employees from Santa Rosa Island today amid the ongoing vegetation fire,” SBC Fire wrote Sunday night on X. “The crew safely transported all personnel from employee housing — threatened with being cut off by the fire — to Oxnard Airport, with no injuries reported.”This swift operation…

By Kelly Geraldine Malone The Canadian Press Posted May 18, 2026 11:07 am 1 min read Descrease article font size Increase article font size The U.S. undersecretary of defence says the United States is pausing a long-standing military board, saying “Canada has failed to make credible progress on its defense commitments.” In a post on social media, Elbridge Colby says his department is pausing the Permanent Joint Board on Defense “to reassess how this forum benefits shared North American defense.” Get daily National news Get daily Canada news delivered to your inbox so you’ll never miss the day’s top stories.…

The BYD Atto 1 is cheap, compact and fully electric, and our biggest surprise from driving it for a month is how little it feels like a compromise.

NEWYou can now listen to Fox News articles! Caitlin Clark had an efficient Sunday night as the Indiana Fever picked up a victory over the Seattle Storm.Clark scored 21 points on 5-of-10 shooting, making all nine of her free-throw attempts and nailing two 3-pointers. It was the first time since Sept. 19, 2024, in which she had 10 or fewer field-goal attempts – doing so against the Washington Mystics in 19 minutes of game action where she was 2-of-5 from the field.ZERO BS. JUST DAKICH. TAKE THE DON’T @ ME PODCAST ON THE ROAD. DOWNLOAD NOW! Indiana Fever guard Caitlin…

Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere, according to a CNBC report. Experts warn that without cheaper energy, Europe risks falling far behind in the AI race. Europe has set its sights on becoming a leader in AI, but the region’s energy costs are undermining those ambitions. Europe’s AI challenge  According to the International Energy Agency (IEA), electricity prices for energy-intensive industries in Europe are, on average, double those in the US and 50% higher than in China and India. This disparity…