TD to buy back $10-billion worth of shares after banking watchdog eased buffers
Toronto Dominion Bank says it intends to repurchase up to $10-billion worth of common shares by next July after Canada’s banking regulator lowered the amount of money the Big Six need to keep aside for financial shocks. Read More
BMW targets shedding 20% of managers through AI in savings push
BMW AG is planning to deploy artificial intelligence to help eliminate a fifth of management roles by the middle of next year, part of an agreed buyout plan designed to slash costs and boost profitability. Read More
Amazon debuts faster Fire TV Stick 4K with sleeker remote
Amazon.com Inc. announced a faster, slimmer Fire TV Stick 4K streaming device alongside a revamped remote control and upgrades to Alexa+ for the living room. Read More
Abu Dhabi’s crown prince is spending billions to bypass Iran’s grip on Hormuz
Weeks before the Iran war began, Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan took the helm of a US$300 billion sovereign wealth fund. Now, months into a conflict that’s reshaped the Middle East, this entity and the people running it have become central to building the infrastructure needed to override Iran’s stranglehold over the Strait of Hormuz. Read More
A Workplace Worth Toasting: Bacardi Continues its Rise on Forbes World’s Best Employers List
HAMILTON, Bermuda — Bacardi Limited is proving that a workplace worth toasting keeps getting better. The family-owned business has once again been named to the Forbes World’s Best Employers list, taking the top spot among spirits companies. Climbing 17 places since last year, in 2026 Bacardi comes in at #69 globally. The jump in ranking reflects a commitment to creating a workplace where employees feel valued, empowered, and inspired to grow while helping shape the future of the company. Read More