News & Events

London - The world’s largest brewer may have lost as much as US$1.4 billion in sales because of the backlash to its brief partnership with a transgender influencer to promote Bud Light beer. Anheuser-Busch InBev (BUD) reported record revenues for 2023 Thursday but said its “full growth potential was constrained” by its U.S. business, where sales were hurt by a boycott of Bud Light over a sponsored Instagram post with Dylan Mulvaney. In North America, organic revenue, seen as the best measure of operating performance, plunged US$1.4 billion last year as beer sales by volume tumbled in the region, primarily due to a decline in Bud Light sales in the United States. Beer makes up the lion’s share of AB InBev’s revenue. Bud Light sales tanked after the co...

TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” or the “Company”) (TSXV: CBLU) (FRANKFURT: 0YA) (OTCQB: CBUTF), announces full integration of its Esite product with its industry leading Smart Power Cloud management service, Illumience. Currently in beta release, the service goes live in March 2024 to all our telecom infrastructure customers. Our patented energy forecasting and management will minimize generator operations and maximize solar energy performance. It is the key focus of our Artificial Intelligence (AI) roadmap. Supported by a $5 million grant from the Government of Canada, in 2024 and 2025, smarter predictive analytics supported by machine learning will bring significant cost benefits to our customers. Together, our target is ...

VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon”, or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, today announces the launch of 1964 Supply Co.™ brand Cannabis-Infused Poutine Sauce crafted with hash rosin. “High Cuisine” is the new Haute Cuisine: 1964 Supply Co.™ Cannabis-Infused Poutine Sauce is now hitting the Quebec Market. Get ready, Quebec! 1964 Supply Co.™ is thrilled to announce the launch of a fun and innovative cannabis product that will revolutionize your culinary experience: Cannabis-Infused Poutine Sauce! Combining the iconic flavors of Quebec’s beloved dish with the unique flavors of cannabis, our new Cannabis-Infused Pou...

Bluewaves Mobility Innovation (BMI), a North York-based startup that specializes in ORAN (open radio access networks) solutions, this week announced a partnership with Intel at MWC 2024 in Barcelona. ORAN is a nonproprietary version of the Radio Access Network (RAN) system that allows interoperation between various pieces of cellular network equipment provided by different vendors, including the radio unit (RU), the distributed unit (DU) and the centralized unit (CU). BMI builds Open RAN RUs, where the radio frequency signals in a network are transmitted, received, amplified and digitized. The company is embedding Intel’s Agilex FPGA (field-programmable gate array) products in its radio designs for accelerated performance and increased power efficiency. An FPGA is a reprogrammable chip tha...

The Walt Disney Company announced on Wednesday a joint venture with India’s biggest conglomerate, Reliance Industries, in an $8.5 billion deal that will create a media powerhouse in the world’s most populous nation and end Disney’s decades-long solo effort to gain a foothold in the market.Reliance Industries, which is owned by Mukesh Ambani, India’s richest person, will be Disney’s senior partner in the deal. With $239 billion in market capitalization and rights to the wildly popular Indian Premier League cricket matches, Reliance is a juggernaut in the media landscape in India.Disney and Reliance already had a combined market share of about 40 to 45 percent in advertising and about the same fraction of streaming, giving them a big edge over competitors, said Karan Taurani, a research anal...

Breadcrumb Trail LinksNewsImmigration helping drive new records in consumer credit market, TransUnion saysPublished Feb 28, 2024  •  Last updated 23 hours ago  •  4 minute read The average minimum balance due each month on credit cards has risen 11 per cent from last year. Photo by Andrey Rudakov/BloombergArticle contentImmigration is helping fuel a surge in the consumer credit market, just as high interest rates and inflation push Canadians to take on a record amount of personal debt.Article contentTotal consumer debt hit $2.4 trillion in the fourth quarter, a 2.9 per cent increase from last year and a fresh record, according to a report from TransUnion of Canada Inc. Around 92 per cent of credit users carry a balance, a 3.7 per cent increase over last year.Advertisement 2This advertise...