National Business

TORONTO — Stock markets in Canada and the U.S. fell in early trading as technology stocks tumbled after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top U.S. versions for a fraction of the cost.

NEW YORK (AP) — Wall Street is tumbling Monday on fears that the market's winners who have feasted on the artificial-intelligence frenzy are under threat from a competitor in China that can do similar things for much cheaper.

TORONTO — Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora is opposed to U.S.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora is opposed to U.S.

TORONTO — Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, bringing it down to three per cent.

BOGOTA, Colombia (AP) — The White House claimed victory in a showdown with Colombia over accepting flights of deported migrants from the U.S.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Metro results Metro Inc. is expected to release its first-quarter results on Tuesday and hold its annual meeting of shareholders.

BUFFALO, N.Y. (AP) — A freighter was on its way to Canada on Sunday after it was freed from ice that trapped it in a frozen Lake Erie for days, the U.S. Coast Guard said.

For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another. After a 4.6 per cent increase in the average asking price of a rental unit in 2021, monthly payments surged 12.