Dans une lettre obtenue par La Presse Canadienne mardi, le chef libéral Charles Milliard demande à rencontrer la première ministre, à propos de ce projet d’entente sur le développement de Churchill Falls (Labrador) qui pourrait lier le Québec pour des décennies à venir. La veille, lundi, en marge d’une mission économique à Washington, Mme Fréchette avait tenté de se montrer rassurante, à quelques jours d’une échéance importante. En mêlée de presse, elle a dit qu’elle avait bon espoir que le projet de partenariat irait de l’avant, alors que pourtant, il n’y a toujours pas d’entente finale et que les deux parties, Québec et Terre-Neuve, s’étaient donné officiellement jusqu’à ce jeudi 30 avril pour en conclure une.

Le dirigeant travailliste, arrivé au pouvoir en juillet 2024, ne parvient pas à éteindre cette polémique à rebondissements, née de sa décision de nommer Peter Mandelson, figure influente mais controversée du Labour, au poste d’ambassadeur aux États-Unis malgré ses liens avec le criminel sexuel Jeffrey Epstein. Il est accusé par certains députés d’avoir menti à la représentation nationale lorsqu’il a assuré que la procédure avait été respectée lors de cette nomination, et il fait face à des appels à la démission de la part de l’opposition. À la tribune de la Chambre des communes, la cheffe de l’opposition conservatrice, Kemi Badenoch, qui fait partie des députés réclamant une enquête parlementaire, a d’abord attaqué Keir Starmer, arguant qu’il était « évident » que ses déclarations à la chambre sur la nomination de Peter Mandelson n’étaient « pas correctes ».

Barrick Mining said on Tuesday Wessel Hamman will serve as the chief financial officer of the new company that will hold its North American assets following its IPO. Tim Cribb will serve as the chief operating officer, the company added. The planned IPO aims to sharpen operational focus and the value of Barrick’s North American mines, which produced about 2 million ounces of gold attributable to the company in 2025, while giving the business standalone leadership and flexibility. Earlier this year, Barrick’s current interim CEO Mark Hill was named as North American unit’s chief executive and president. The new entity, to be called North American Barrick, will include Carlin, Cortez and Turquoise Ridge operations in the Nevada Gold Mines complex, which is the largest gold-producing region in the world.

Starboard is now a top-five shareholder in the company and has been privately engaging with Dynatrace management in recent months, the draft letter to the company says. The letter is written by Starboard managing member Peter Feld and is expected to be delivered on Tuesday. The activist believes Dynatrace should be a big winner from more companies integrating artificial intelligence into their operations, according to the letter. Yet it has been underperforming, and its shares are trading at a discount relative to its peers in software infrastructure and cybersecurity, the letter says. Dynatrace had a market value of almost $11 billion as of Monday. Its stock is down more than 15% year-to-date and down more than 20% over the past 12 months. There has been a wide selloff in software stocks this year, with investors concerned that those businesses could be replaced by artificial intelligence.

Kimmeridge on Tuesday urged shale producer Devon Energy's incoming board to ​swiftly pursue asset sales, improve capital allocation ‌and revamp executive pay to boost shareholder returns after its merger with Coterra Energy closes. Investment firm Kimmeridge, a ​well-known activist investor in the energy sector, ​holds about a 1.4% stake in Devon, according ⁠to LSEG data. Kimmeridge said the combined company ​risks a "conglomerate discount" unless it streamlines its business and ​focuses on high-margin assets, even as the deal creates scale and free cash flow potential. The deal, announced in February ​and expected to close on May 4, will ​create a giant U.S. shale producer with an enterprise value of ‌about $58 ⁠billion. Devon and Coterra did not immediately respond to Reuters' request for comment.

Italy's state lender and equity investor CDP has lodged ‌two legal cases in Dutch and Italian courts to block the reappointment of Fabrizio Testa as chief executive of the Milan Stock Exchange, people familiar with the matter said. The twin move, which follows a first ruling by an Amsterdam court against CDP ​in its attempt to block Testa, marks an escalation in a governance spat affecting the ​Milan bourse, part of pan-European exchange operator Euronext. While the Rome‑based state lender seeks to ⁠prevent the April 29 Borsa Italiana shareholders' meeting from granting Testa a further three‑year term, Italian trade ​unions have called a four‑hour strike at Borsa Italiana the following day.

London-based activist fund Palliser Capital has made a "significant" investment in ‌Japanese factory automation firm SMC and has proposed it make a $3.8 billion share buyback, according to a letter sent to the company. Palliser believes SMC, which makes machinery used in chipmaking, has shown foresight in investing in production capacity but said the ​company is undervalued and should focus on improving utilisation and margins, the letter, reviewed by Reuters, ​showed. SMC has capacity to conduct a 600 billion yen ($3.8 billion) share buyback over the ⁠next two years and maintain a consistent dividend payout ratio of at least 40%, the activist fund said ​in the letter. The letter did not provide further details on the stake, and Palliser declined to comment. SMC ​said it had received the letter and would announce earnings on May 14.

French auto parts supplier Forvia has agreed to sell its automotive interiors business to Apollo Global Management in a deal that values the unit at around $2.1 billion, including debt. The company’s interiors business supplies products including instrument panels, door panels and center consoles to auto manufacturers through its global network of manufacturing and engineering sites across Europe, North America and Asia. Forvia said it has agreed to sell the business to Apollo-managed funds for an enterprise value of 1.82 billion euros ($2.13 billion), allowing it to sharpen focus on high value-added, technology-driven activities, while shoring up its balance sheet and boosting financial strength by cutting at least 1 billion euros of net debt.

South Shore Furniture, one of Canada’s major furniture makers, is shutting down operations as it buckles under trade pressure. The Quebec-based company said it could not continue in the face of dumping by rivals from China and Vietnam, which has lowered prices. It also cited the effect of U.S. import tariffs, which have hurt its own sales into the country and redirected Asian exports slated for the U.S. to less restrictive markets like Canada. “For Canadian manufacturers such as South Shore Furniture, demand has just simply vanished on both sides of the border,” the company said in a news release Monday. It said its own sales have dropped 77 per cent between 2022 and 2025.

Prime Minister Mark Carney says the Liberals are “good fiscal managers” — and he’ll have the chance to prove it when the federal government tables its spring economic update Tuesday afternoon. The federal government typically tables mid-year updates between annual budgets to revise its economic and fiscal projections. These updates can include new spending and are sometimes referred to as “mini-budgets.” The Liberals’ fall budget — the first under Carney’s leadership — projected a deficit of $78.3 billion for the last fiscal year, with deficits declining and averaging around $64 billion annually over the five-year horizon. The federal fiscal monitor for April 2025 to February 2026 shows the deficit came in at $25.5 billion over the first 11 months of the last fiscal year.

The Thomson Reuters Foundation report found that DEI targets were common for gender but were rare for ethnicity and disability as ​only 53% of companies in the dataset reported a public DEI target of some kind, mostly on gender. Just 8% of companies said they set ethnicity targets and 5% set disability targets and fewer than half of all companies set time-bound ​DEI targets. There’s also been a decline of companies that do report on ethnicity, as only 26% of companies report any workforce-level ethnicity breakdown, dropping to 16% who report ethnicity breakdown at board ⁠level from last year. "Unlike gender reporting, we are still far from meaningful global benchmarking for disability nor ethnicity," said Katie Fowler, director of responsible business at the Thomson Reuters Foundation.

Lululemon Athletica is appointing an executive with significant branding and marketing ​experience to its board as the athletic apparel maker's founder presses management to revive its ‌brand, sources told Reuters. Esi Eggleston Bracey, who was chief growth and marketing officer at Unilever until earlier this year and previously held senior positions at Procter & Gamble, will become a director immediately, the sources said. At Unilever, which makes Dove personal care products, she led ​the global transformation of marketing across a portfolio of more than 400 brands. She also worked at ​cosmetics maker Coty where she helped reposition its CoverGirl brand.

Impactive ​Capital's board challenge at payment processing and information management services company WEX may hit a ‌speed bump after the company said this week the activist investor has not filed potentially critical paperwork. The Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions (UDFI) said Impactive may need to submit applications to press on with its proxy fight, ​but that it has not yet done so. Impactive spent nearly a year laying the groundwork for what ​is shaping up as a closely watched and bitter board fight in which the ⁠hedge fund wants shareholders to kick out sitting directors and vote in four newcomers, including one of Impactive's ​co-founders, Lauren Taylor Wolfe.

Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war, while proposing that discussions on the larger question of its nuclear program would come in a later phase, two regional officials said Monday. U.S. President Donald Trump seems unlikely to accept the offer, which was passed to the Americans by Pakistan and would leave unresolved the disagreements that led the U.S. and Israel to go to war on Feb. 28. With a fragile ceasefire in place, the U.S. and Iran are locked in a standoff over the strait, through which a fifth of the world’s traded oil and gas passes in peacetime. The U.S blockade is designed to prevent Iran from selling its oil, depriving it of crucial revenue while also potentially creating a situation where Tehran has to shut off production because it has nowhere to store the oil.

En route to the White House Correspondents’ Association Dinner Saturday evening at the Washington Hilton, President Trump told associates he was excited to deliver his speech, calling it the “hottest ticket in town,” a person familiar with the matter said. He and his advisers had packed his prepared remarks with jokes, including jabs at members of his own cabinet. Instead of taking the mic as planned, Trump would be whisked offstage by U.S. Secret Service agents after shots rang out near the cavernous ballroom. What was meant to be an evening of celebration devolved into chaos. The shooter hit a law-enforcement officer wearing a bulletproof vest in the chest. The officer has since been released from the hospital.