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New York's Climate Goals Were in Tatters. Then Came the Trade War
New York's Climate Goals Were in Tatters. Then Came the Trade War

Bloomberg

time05-03-2025

  • Business
  • Bloomberg

New York's Climate Goals Were in Tatters. Then Came the Trade War

Fallout from a round of tariffs between the US and Canada could slash access to clean electricity in the biggest US city By , Danielle Bochove, and Mathieu Dion Save New York City's access to clean electricity — already under strain — took another blow as a key Canadian province moved to respond to US tariffs with a 25% surcharge on power exports across the border. As tempers flared in response to US President Donald Trump's decision to raise trade barriers, Ontario Premier Doug Ford told reporters on Tuesday he's prepared to go even further: 'We will not hesitate to shut off their power as well.' Three US states receive electricity from Ontario. A visibly furious Canadian Prime Minister Justin Trudeau said in a separate news conference that Trump's objective is to destroy Canada's economy in order to annex the country, and both nations will suffer as a result.

Couche-Tard Still Seeking Seven & I Deal, Access to Financials
Couche-Tard Still Seeking Seven & I Deal, Access to Financials

Bloomberg

time26-02-2025

  • Business
  • Bloomberg

Couche-Tard Still Seeking Seven & I Deal, Access to Financials

By and Mathieu Dion Save Alimentation Couche-Tard Inc. is keeping up its pursuit of Seven & i Holdings Co. but has yet to gain access to the Japanese company's financials, months after proposing a takeover, people with knowledge of the matter said. A competing ¥9 trillion ($60 billion) proposal by the founding Ito family and Itochu Corp. to take the operator of 7-Eleven stores private has stalled over disagreements about management control, people familiar with the discussions said this week.

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