Why American Automakers Are Failing In China

CNBC has the story.

Detroit automakers like General Motors made a fortune selling cars to Chinese consumers after the Asian country opened its auto market to foreign firms in the 1980s. But the good times are over as Chinese firms have caught up with the foreign firms who once taught them the automotive trade. Top names like BYD, Geely and Great Wall are now making globally competitive products and many companies with tech backgrounds are entering the industry, too, including Li Auto, XPeng, Nio, Xiaomi, Huawei, Baidu, Tencent and Alibaba. Jeep’s joint venture already went bankrupt, and one industry analyst said he expects Ford and GM to withdraw from the country in the next five years along with other such as Hyundai, Kia and Nissan.

Canada Post considering ending daily mail delivery as financial woes continue

CTV News has the story.

Canada Post is considering ending daily mail deliveries as it faces financial difficulties. CTV's Katie Griffin reports.

There's a limit to how much Canada can lower interest rates compared to U.S.: portfolio manager

BNN Bloomberg has the story.

John O'Connell, chairman and chief executive officer, Davis Rea join BNN Bloomberg, to discuss whether Canada can lower interest rates enough and not hurt the Canadian dollar.

India condemns Canada for Sikh separatist population

CTV Your Morning has the news story.

India’s foreign affairs minister had strong words for Canada in the wake of the arrests of three Indian nationalists for the alleged murder of a Sikh separatist in B.C. last summer.

Canada News: Suspect in Nijjar killing got student visa in “days”

Global National has the story: May 8, 2024 - Suspect in Nijjar killing got student visa in “days”

Two of the men accused of killing Hardeep Singh Nijjar, a Sikh activist living in B.C., came to Canada from India on study permits— with one taking just "days" to obtain. As Jeff Semple reports, the revelation has piled intense scrutiny on Canada's student visa system.

Canada: Police remove pro-Palestinian encampment at University of Calgary, clash with remaining protesters

CBC News has the story.

CBC/Radio-Canada is a Canadian public broadcast service.

Using shields, batons and flash-bang explosives, Calgary police officers forcibly removed a group of protesters Thursday night from an encampment set up on the University of Calgary campus. 'No injuries have been reported,' said a statement from the Calgary Police Service.

Canada abstains from UN assembly vote granting Palestinian territories new rights, privileges

CBC News has the story.

CBC/Radio-Canada is a Canadian public broadcast service.

The UN General Assembly has voted by a wide margin to grant new 'rights and privileges' in support of Palestinian statehood and called on the Security Council to favourably reconsider its request to become the 194th member of the United Nations. Canada was among the countries that abstained from the vote.