The Trump administration has proposed a new ​punitive tariff of 25% on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to ‌illegal deforestation, top trade official Jamieson Greer said late on Monday. The measures, under the Section 301 trade statute, cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access as well, the Office of the United States Trade Representative said. The proposed new tariff, subject to public consultation ahead of a July 15 deadline, would exclude some items, such as beef, coffee, rare earths, other metals, energy ​and aircraft parts.

Metro a annoncé mardi matin que M. La Flèche quittera ses fonctions à la fin de l’exercice 2026. M. Giroux lui succédera à partir du 27 septembre 2026. M. La Flèche conservera toutefois un rôle dans l’entreprise ; il sera nommé président du conseil d’administration « afin d’assurer une transition harmonieuse et ordonnée », a-t-on précisé. L’actuel président du C.A., Pierre Boivin, deviendra pour sa part vice-président du conseil et administrateur principal. Metro décrit M. Giroux comme un « leader éprouvé ayant une connaissance approfondie des opérations, de la culture et des priorités stratégiques de Metro ». « Sa profonde compréhension de notre industrie, son accent sur l’excellence opérationnelle, la discipline financière et la satisfaction de la clientèle font de lui le meilleur candidat pour continuer de livrer de la valeur à long terme pour nos clients, nos employés et nos actionnaires dans un environnement en constante évolution », a souligné M. Boivin par communiqué.

Russia launched hundreds of drones and dozens of missiles against Kyiv and other Ukrainian cities overnight, killing at least 18 civilians and wounding 131 others, authorities said Tuesday. Russian President Vladimir Putin has escalated Moscow’s aerial campaign in recent weeks in an apparent bid to take advantage of Ukraine’s shortage of U.S.-made air defence systems and persuade an increasingly pessimistic audience at home that Moscow is prevailing in the 4-year-old war. Emergency rescue crews digging through the wreckage of apartment buildings pulled out the bodies of a 3-year-old child as well as those of a woman and her 8-year-old son in the central Ukrainian city of Dnipro, officials said.

Ce n’est pas faute de financement, explique Renaud Gignac, économiste et conseiller des Investisseurs pour l’Accord de Paris. « On ne se fait plus trop d’illusions sur la capacité des actionnaires de changer les choses », dit-il. Au cours des cinq dernières années, Investisseurs pour l’Accord de Paris a talonné les entreprises qui avaient pris des engagements climatiques, soumis des propositions dans les assemblées annuelles et publié des rapports, des démarches qui ont eu « une efficacité limitée », reconnaît son porte-parole. Le dernier rapport d’Investisseurs pour l’Accord de Paris est publié ce mardi, en même temps que s’ouvre à Montréal le Sommet sur la finance durable, qui en est à sa sixième édition. Intitulé À la traîne : risques financiers liés au climat et retard réglementaire, le rapport fait aussi le constat que les engagements volontaires pris par les entreprises ne donnent pas les résultats escomptés.

Real estate group ​British Land Company on Tuesday ‌announced the appointment of Joanne McNamara as chief executive officer, following former ​chief Simon Carter's surprise departure in ​January. McNamara is currently executive vice president ⁠of the European business of ​real estate investor and developer Oxford ​Properties. The real estate manager is a joint venture partner with British Land ​on the Leadenhall Building development ​in London. "With her deep expertise of real estate, ‌valuable ⁠experience in the world of private capital and a strong reputation for decisive leadership, she is ​exceptionally well ​placed ⁠to drive the business forward", said Chairman William Rucker.

Shares in Australia's Northern Star Resources jumped on Tuesday after ​activist investor Elliott Investment Management disclosed an over A$1 billion ($714.60 million) stake and called for it to launch a strategic review that ‌would consider a sale. The U.S.-based investor cited gold miner Northern Star's underperformance versus peers, "repeated operational missteps", seven outlook misses in four years, and "deeply inadequate disclosures compared to global senior peers," in a statement. Elliott has taken a position of more than 4% in Australia's largest gold miner as Northern Star, which has a market value of about $19 billion, readies for a leadership change, following ​four downgrades to production and cost guidance so far this year. With that stake, it would count among the miner's top five shareholders, according to ​LSEG data. Managing Director Stuart Tonkin last month announced his resignation, effective in the first quarter of 2027, after 13 years, ⁠without a successor named.

Quelque 55 000 membres du Syndicat canadien des travailleurs et travailleuses des postes ont commencé à voter le 20 avril sur une convention collective de cinq ans prévoyant des augmentations salariales de 6,5 % et de 3 % au cours des deux premières années. Postes Canada et le syndicat s’affrontent depuis longtemps sur les salaires et les changements structurels au sein du service postal, les travailleurs ayant organisé des piquets de grève à plusieurs reprises tout au long du processus de négociation. Les deux parties ont convenu de ne pas recourir à la grève ou au lock-out pendant le vote de ratification, bien que les employés se prononcent également sur l’autorisation d’un mandat de grève au cas où ils rejetteraient l’accord.

Téhéran a accusé lundi les États-Unis de violer à nouveau le fragile cessez-le-feu conclu le 8 avril après des frappes américaines ce week-end suivies de représailles militaires iraniennes. La décision de suspendre les négociations a été prise selon Tasnim à cause des « crimes » qu’Israël « continue à commettre » au Liban, et des violations « sur tous les fronts » du cessez-le-feu. « L’équipe de négociations iranienne suspend donc le dialogue et les échanges de textes via les médiateurs », affirme le média iranien. Selon des sources diplomatiques à l’AFP, une réunion d’urgence sur le Liban est prévue lundi au Conseil de sécurité des Nations Unies, à la demande de la France, qui a estimé dimanche que « rien ne justifiait l’escalade majeure en cours au Liban ».  

His poll ratings are dismal and rivals are eyeing his job. Now British Prime Minister Keir Starmer faces more embarrassment on Monday with the publication of hundreds of pages of files about former U.K. ambassador to Washington Peter Mandelson, a friend of convicted sex offender Jeffrey Epstein. The government complied with a demand by lawmakers to release documents related to Mandelson’s appointment to, and conduct in, the U.K.’s most important diplomatic post. Among the more than 1,000 pages of documents is a note from Mandelson to then-Foreign Secretary David Lammy before his appointment pledging the government would “never regret” giving him the job.

Drug company Apotex Health Corp. says it is looking to sell about $1 billion worth of shares in its initial public offering. The company says it expects to sell between 41.7 million and 50 million shares at a price between $20 and $24 per share. The plan includes the sale of between 35.4 million and 42.5 million shares in a treasury offering by the company valued at a total of about $850 million. It also includes a secondary offering of between 6.25 million and 7.5 million shares by certain shareholders valued at a total of about $150 million. The selling shareholders are also expected to grant an over-allotment option to the underwriters for up to an additional 6.25 million to 7.5 million shares at the offering price. Apotex, which has applied to list the shares on the Toronto Stock Exchange, has a broad portfolio of generic drugs and consumer health products.

Barry Diller’s People Inc. has offered to take over the rest of MGM Resorts in a deal that would value the casino giant at around $12.4 billion. The company, previously known as IAC, already owns 26.1% of the business, and has submitted a nonbinding proposal to buy the rest at $48.30 a share in cash. If the board accepts the offer, MGM would become a private company controlled by People Inc. Including debt, the deal values MGM at $18 billion. “We believe that MGM’s assets and businesses are not currently realizing their full potential in the public markets and that it will be difficult to correct this situation in MGM’s current form as a public company,” Diller wrote in a letter to MGM’s board Monday. People Inc.’s current stake in MGM is worth about $2.9 billion, according to FactSet.

Kering ​has appointed former Prada brand CEO ‌Gianfranco D'Attis as chief executive of struggling British luxury house Alexander McQueen, the French ​group said on Monday. D'Attis will start ​on June 3, Kering said, as ⁠the British label grapples with a slump in sales, which ​have triggered a restructuring and layoffs. Job losses recently led ​to a strike at the group's Italian operations where McQueen is cutting almost a third of its roughly ​180-strong workforce as it seeks to ​break even after revenue fell by around 60% over the ‌past ⁠three years, unions have said. The brand also confirmed job cuts in its UK office last year.

The United ​Nations weather agency forecast on Tuesday a moderate or possibly a strong El Nino that could drive up global ‌temperatures and increase the risk of extreme weather over the coming months. El Nino is a periodic warming of sea surface temperatures in the central and eastern Pacific Ocean, which typically lasts between nine and 12 months, according to the World Meteorological Organization. The WMO said warm ocean waters were driving El Nino’s development and predicted ​above-average temperatures in most parts of the world from June to August. The WMO said it is likely El Nino ​will continue until November. It also said it remained uncertain how strong El Nino will be as models ⁠differ on its severity, but officials warned of the need to be ready. “We need to prepare for a potentially strong El Nino ​event - which will exacerbate drought and heavy rainfall and increase the risk of heatwaves both on land and in the ocean," said ​WMO Secretary-General Celeste Saulo.

West Pharmaceutical said on Monday it appointed former Thermo Fisher Scientific executive Michel ​Lagarde as its top boss, effective ‌August 31, succeeding longtime chief Eric Green. Green, who has led the medical equipment maker since 2015 ​and became board chair in 2022, ​had said in March he would step down ⁠once a successor was found. Lagarde most recently ​served as chief operating officer at Thermo, ​with responsibility for the majority of the company's businesses. He joined Thermo Fisher in 2017 through its acquisition ​of Patheon, where he had served as ​president and chief operating officer. Lagarde will also join West Pharma's ‌board, ⁠while lead independent director Robert Friel will become board chair as part of the transition. "We think Michel Lagarde checks all of ​the boxes ​in terms ⁠of qualifications that WST was looking for in a new leader ​with flying colors," Evercore ISI analyst Daniel ​Markowitz ⁠said. West Pharma said last month it had restored operations across its sites after a cybersecurity attack ⁠and ​expects the incident to have ​no material impact on its 2026 financial outlook.

Statistique Canada a indiqué vendredi que le produit intérieur brut (PIB) réel avait reculé en rythme annualisé pour un deuxième trimestre consécutif en début d’année, ce qui correspond à certaines définitions d’une récession technique. De nombreux économistes ont rejeté le terme de « récession » pour décrire la situation économique, arguant que le récent ralentissement n’a ni la profondeur ni l’ampleur nécessaires pour répondre à cette définition. Mais M. Poilievre a affirmé aux journalistes sur la colline du Parlement que ce ralentissement n’a rien de technique. Il a cité des statistiques sur la hausse des taux d’insolvabilité et le recours aux banques alimentaires pour démontrer que les Canadiens sont plus mal servis après un an de gouvernement Carney.

Federal Agriculture Minister Heath MacDonald says Benoit Basillais has been reappointed as CEO of the Canadian Dairy Commission. Basillais will serve an additional three-year term effective July 4. Basillais was appointed CEO of the commission in 2022, replacing Serge Riendeau. MacDonald says Basillais’ contributions have helped to ensure a stable, co-ordinated and responsive dairy industry. Basillais began his career with the Canadian Dairy Commission as an economist in 2003 and has held various leadership positions in the organization. The Canadian Dairy Commission is a Crown corporation that oversees Canada’s dairy supply management system.

BP has asked senior independent director Amanda Blanc to lead the search for the next ​chair, the energy company's interim chair Ian Tyler said ‌in a statement to Reuters on Monday. "As in previous searches this will be a rigorous process involving the entire Board and ​the final decision will reflect our collective view," Tyler ​said. Multiple figures ⁠from London's financial centre including large investors in the ​oil giant told the newspaper that Blanc would lack the ​support from shareholders to make a second appointment to the post after former chair Albert Manifold's ouster just under eight months after ​his appointment. Blanc, who is also CEO of British insurer ​Aviva, also oversaw Manifold's appointment in October last year.

Fondée en 1972, Pluritec compte environ 200 employés. De son siège social à Trois-Rivières, elle opère des bureaux à Shawinigan, Victoriaville, Drummondville, Thetford Mines et Québec. Pour sa part, avec cette acquisition, Englobe comptera maintenant 27 bureaux et 1650 employés à travers le Québec. À l’échelle canadienne, Englobe est affiliée à la division Colliers Engineering du groupe conseil Colliers International, d’origine américaine. Englobe fait affaires surtout en ingénierie de la géotechnique, de l’environnement et des matériaux. L’acquisition de Pluritec ajoutera des capacités complémentaires en génie civil, en mécanique du bâtiment, en traitement des eaux et en infrastructures municipales. Selon Mike Cormier, président d’Englobe, l’acquisition de Pluritec constitue une « étape déterminante dans notre développement au Québec et au Canada. En unissant nos forces, nous renforçons notre capacité à accompagner nos clients sur des projets multidisciplinaires, tout en demeurant ancrés dans les réalités régionales ».

The outcomes of most of the United Nations' ​recent COP climate summits have ‌fallen short of the more ambitious action scientists say is needed ​to address climate change, said ​EU climate commissioner Wopke Hoekstra ⁠on Monday. "If you look at ​what the problem actually needs ​and where the bar should then be, and what most of the COPs ​of the last five, six, ​seven, eight years have delivered, then you ‌just ⁠have to admit that that was underwhelming," Hoekstra told an event hosted by Politico in ​Brussels. He added ​that ⁠there was a need to continue work at ​COP summits, where nearly ​200 ⁠countries take decisions by consensus, but also in smaller groups of ⁠countries ​who are willing ​to move faster to tackle global warming.

Philanthropic executive Judy Schulich has left the board of the Art Gallery of Ontario after leading efforts last year to prevent it from acquiring an artwork by photographer Nan Goldin. That decision had led to outcry across the global art world and prompted numerous resignations, including from a senior curator. Ms. Schulich was first appointed to the AGO board by the Ontario government a decade ago, and was reappointed to a three-year term in 2023. That term expired Wednesday. In an e-mail Friday, Ontario’s Ministry of Tourism, Culture and Gaming said Ms. Schulich had decided not to renew her appointment. Ms. Schulich is a long-time art patron and an executive with the Schulich Foundation, which bills itself as one of Canada’s largest private foundations. It was seeded by her father, billionaire entrepreneur Seymour Schulich. She did not respond to a comment request on Friday.

Activist hedge fund Toms Capital Investment Management on Monday urged Voya Financial to ​explore strategic options, including a potential sale, arguing ‌the insurance and investment management company continues to trade at a discount to peers. Toms Capital, one of Voya's ​largest shareholders, said in a letter to ​the company's board that its “persistent underperformance” and ⁠trading discount were driven by "management’s strategic indecisiveness ​and diminished credibility." Voya Financial did not immediately respond to ​a Reuters request for comment. Shares of Voya have risen about 9% this year, giving it a market capitalization of ​roughly $7.36 billion, according to data compiled by ​LSEG. Shares of peers Principal Financial Group and Franklin Resources were ‌up ⁠17.5% and 29.9% respectively in the same period.