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Canada’s retaliatory tariffs on a range of US goods came into effect on Tuesday, with no sign of a trade deal on the horizon. The counter-tariffs will apply to nearly C$28bn ($20bn; £15bn) worth of American products, from steel to furniture to cotton T-shirts, and will be as high as 50%. Fresh fish and lobster were also on the list, but Canada later omitted them after pushback from its seafood industry – a sign of the tricky balance it has to strike as it retaliates against its largest trading partner.Both US and Canadian officials have said they would like to…

News that Jaguar Land Rover (JLR) was to cut 4,000 jobs was a cause for uncertainty and stress for company workers and those in the wider supply chain, experts have said.Prof David Bailey from the Birmingham Business School said he worried it could limit the company’s ability to innovate in the future while David Roberts, chairman of Coventry-based Evtec Group, said up to 200,000 jobs could be tied to JLR.The cuts will happen over the next two years and will mostly affect the head office in Whitley, Coventry.But there are concerns about the impact the job cuts will have on…

The boss of the biggest UK-headquartered tech firm has said that artifical intelligence will find a cure for cancer that humans cannot in our lifetimes.Rene Haas, chief executive of Cambridge-based chip designer Arm Holdings, said while modelling how a DNA marker is impacted by cancer was currently “too complex” a problem, computers are “going to solve it” in the future.Haas also told the BBC that AI would lead to widespread humanoid robots in the next five years, but that its current rapid growth was being held up by a shortage of chips needed to build data centres.However, he was sceptical…

President Donald Trump has warned Canadian aircraft company Bombardier that it can no longer sell in the US unless it moves its manufacturing there.”NO MORE SELLING BOMBARDIER IN THE UNITED STATES!” Trump wrote in a Truth Social post on Monday. “If they want our Market, they must build here, and stop treating America like a ‘piggybank.'”The move comes amid an escalating trade war between the two neighbours, and hours before Canadian retaliatory tariffs are set to be imposed on $20bn (£14.7) worth of US goods.The BBC has contacted Prime Minister Mark Carney’s office and Bombardier for comment.It is unclear how…

The First Trust North American Energy Infrastructure Fund (EMLP -0.20%) focuses on North American fossil fuel and utility infrastructure, while the iShares Global Clean Energy ETF (ICLN +0.79%) provides a more global, tech-oriented renewable energy portfolio.These ETFs offer divergent paths into the energy landscape. The iShares fund is an index-based strategy capturing the global shift toward renewables, while the First Trust fund is an actively managed vehicle targeting the physical infrastructure of the North American grid. Investors may find that these funds serve different roles in a portfolio, balancing high-growth potential in green technology against steady income from utility operations.Snapshot…

French Bitcoin treasury company Capital B has acquired 376 Bitcoin (BTC) for 25.3 million euros ($29.5 million), bringing its total holdings to 3,521 BTC.The purchase was funded after Capital B completed roughly 30.1 million euros ($35 million) in capital raises, including a private placement backed by investors Adam Back and TOBAM, according to a Monday announcement.The company bought the Bitcoin at an average price of 67,182 euros apiece, with Swissquote Bank Europe executing the purchase and Taurus providing custody.Capital B has spent a total of 309.4 million euros acquiring its Bitcoin treasury, at an average cost of 87,878 euros per…

The Ethereum Foundation has identified two “must ship” proposals for the Hegotá upgrade, prioritizing censorship resistance and more flexible account authentication as it narrows the fork’s scope.The ranking evaluated 62 proposed Ethereum Improvement Proposals (EIPs), drawing on input from roughly 60 researchers and engineers across the Foundation’s Protocol cluster. It marks the first time the Foundation’s Protocol cluster has published a unified view of proposed EIPs rather than separate opinions from individual teams.The two must-ship proposals are EIP-7805, known as FOCIL, and EIP-8141, or Frame Transactions, which the Foundation designated as the consensus and execution-layer headliners for Hegotá.FOCIL is designed…

The Ethereum Foundation has identified two “must ship” proposals for the Hegotá upgrade, prioritizing censorship resistance and more flexible account authentication as it narrows the fork’s scope.The ranking evaluated 62 proposed Ethereum Improvement Proposals (EIPs), drawing on input from roughly 60 researchers and engineers across the Foundation’s Protocol cluster. It marks the first time the Foundation’s Protocol cluster has published a unified view of proposed EIPs rather than separate opinions from individual teams.The two must-ship proposals are EIP-7805, known as FOCIL, and EIP-8141, or Frame Transactions, which the Foundation designated as the consensus and execution-layer headliners for Hegotá.FOCIL is designed…

In brief Gamers Nexus found LG TV sets still scan a household’s entire Wi-Fi network and can capture microphone audio while appearing off or unplugged from the internet. LG settled with Texas regulators in May, agreeing to stop collecting viewing data without informed consent. Separate security researchers found unpatched remote-access bugs and residential-proxy code, software that quietly reroutes strangers’ internet traffic through a buyer’s home connection. What does an LG smart TV do when nobody’s watching? Digital media company and popular YouTube channel Gamers Nexus spent more than 500 hours and about $70,000 finding out. The answer, per a new…

The UK’s Financial Conduct Authority (FCA) reportedly has reached out to prediction market companies as part of discussions over whether the regulator would loosen a ban for retail investors, in place since 2019.According to a Friday report from The Times, the FCA is weighing lifting a ban on prediction market platforms like Polymarket and Kalshi for UK-based retail investors. Because prediction markets offer binary options on event contracts, such as for sports, politics and the weather, they fall under an April 2019 ban imposed by the FCA, in which companies were “prohibited from selling, marketing or distributing binary options to…