Category: 3. Business

  • Minister Anandasangaree and Secretary of State Zerucelli to make a funding announcement

    Ottawa, Ontario – Members of the media are invited to join the Honourable Gary Anandasangaree, Minister of Public Safety, and the Honourable John Zerucelli, Secretary of State for Labour, for an announcement about the Government of Canada’s efforts to support reducing youth involvement in gangs and violent crime in Toronto’s Rexdale community.

    A media availability will follow.

    Event: In Person

    Date: Monday, January 12, 2026

    Time: 4:00 p.m. (EST)

    Location:

    Rexdale Community Hub
    21 Panorama Court
    Etobicoke, Ontario

    Note for media:

    Please enter via the main Rexdale Community Health Centre entrance at 21 Panorama Court and proceed to the reception desk for direction to the event.

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  • Minister Anandasangaree to make an announcement

    Ottawa, Ontario – Members of the media are invited to join the Honourable Gary Anandasangaree, Minister of Public Safety, for an announcement about the Government of Canada’s efforts to support at-risk youth in Scarborough.

    A media availability will follow.

    Event: In Person

    Date: Monday, January 12, 2026

    Time: 11:30 a.m. (EST)

    Location:

    Malvern Family Resource Centre
    90 Littles Road
    Scarborough, Ontario

    Notes for media:

    • Media are asked to enter via the south entrance door from the parking lot and sign in at reception for access to event space.

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  • Gold prices surge by Rs3,400 per tola

    Gold prices surge by Rs3,400 per tola

    ISLAMABAD  –   Gold prices increased sharply in the local market on Friday, as the price of 24-karat gold per tola surged by Rs3,400 to settle at Rs469,562, while the price of 10 grams of 24-karat gold went up by Rs2,915 to Rs402,573, according to the All Pakistan Sarafa Gems and Jewellers Association. Likewise, the price of 10 grams of 22-karat gold increased by Rs2,672 to Rs369,038, whereas silver prices also registered an increase, with 24-karat silver per tola going up by Rs70 to stand at Rs8,195 and 10 grams of silver increasing by Rs60 to Rs7,025. In the international market, gold prices went up $34 to $4,472 per ounce, while silver increased by $0.7 to $77.20 per ounce, the association reported.


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  • Flydubai Takes The Lead In The UAE’s Aviation Industry With Groundbreaking AI Technology At Dubai Airport

    Flydubai Takes The Lead In The UAE’s Aviation Industry With Groundbreaking AI Technology At Dubai Airport

    Published on
    January 10, 2026

    The UAE-based airline Flydubai has teamed up with ZestIoT to improve its turnaround operations at Dubai International Airport (DXB) and over its expanding global network. The partnership announced today is a sizable step in the direction of smart and efficient operations, which will rely on AI-based technology for real-time visibility and predictive decision-making. Flydubai is planning to make the most of its processes with this alliance that will help its alreadylarge network of one-hundred and thirty-five destinations in fifty-eight countries.

    Leveraging AI for Smarter Operations at Dubai International

    As part of its efforts to remain at the forefront of innovation in the aviation sector, Flydubai has selected ZestIoT’s state-of-the-art Turnaround Management Platform to digitise its turnaround processes. This cutting-edge solution is designed to streamline operations and provide enhanced visibility throughout the airline’s network. The AI-driven platform will predict operational trends, enabling Flydubai to make informed decisions on the day of operations.

    This integration of ZestIoT’s technology will not only improve operational execution but also help Flydubai in maintaining its commitment to punctuality, enhancing the overall passenger experience. The airline operates an average of 370 flights per day at Dubai International, supporting Dubai’s reputation as one of the world’s leading aviation hubs. With the new system, Flydubai aims to improve its efficiency and reliability, ultimately contributing to its ongoing network expansion.

    Expanding Flydubai’s Global Network

    Flydubai’s expansion strategy is focused on increasing its global reach while ensuring operational excellence. The airline’s partnership with ZestIoT is an integral part of this strategy. With the ability to optimise turnaround operations, Flydubai will be better positioned to expand its fleet and services across more destinations, both regionally and globally.

    By adopting ZestIoT’s predictive solutions, the airline aims to reduce delays and enhance the overall efficiency of its operations. As Flydubai continues to grow its fleet of 97 Boeing 737 aircraft, the use of real-time operational data and AI will enable the airline to scale up quickly while maintaining high service standards. The strategic partnership with ZestIoT is not just about technology; it is also a step towards reinforcing Flydubai’s position as a leader in operational efficiency, allowing for smoother transitions between destinations.

    Operational Efficiency and Passenger Experience Enhancement

    The core objective of this collaboration is to improve operational efficiency. With ZestIoT’s platform, Flydubai’s teams can access real-time data, allowing them to identify and resolve potential disruptions quickly. This predictive, AI-driven approach enables smarter decision-making, meaning that any delays or bottlenecks can be addressed before they escalate into more significant issues.

    Passengers will feel the benefits of this enhanced operational efficiency, as smoother and faster turnaround times ensure on-time departures. Additionally, the platform’s ability to forecast operational trends will provide the airline with more flexibility in adapting to changes, whether they arise from weather disruptions, technical issues, or shifting demand patterns.

    Flydubai’s commitment to innovation has been a consistent theme throughout its expansion. By implementing AI-driven turnaround management, the airline is setting itself up for sustainable growth, maintaining the high standards expected of an airline serving global travellers. The improvements to the airline’s operations will also have a ripple effect, making travel more reliable for passengers and helping to elevate Dubai’s position as a top aviation hub.

    A Future-Proof Partnership with ZestIoT

    Flydubai’s collaboration with ZestIoT also underscores the airline’s proactive approach to future-proofing its operations. While many airlines are still experimenting with digital solutions, Flydubai is already implementing a comprehensive and scalable platform for real-time collaboration, powered by AI.

    The decision to integrate this cutting-edge platform demonstrates Flydubai’s forward-thinking approach. As the airline continues to grow its network, it will have the agility and foresight to manage operational challenges more effectively. According to ZestIoT’s Chief Executive Officer, Amit Sukhija, the partnership exemplifies the value of embracing innovative technology. The AI-driven platform enables the airline to take smarter decisions and collaborate more effectively across all levels of its operations.

    Shaping the Future of Aviation with Innovation

    Flydubai’s partnership with ZestIoT marks a major milestone in the airline’s ongoing journey towards operational excellence. By integrating AI-driven technologies into its turnaround operations, the airline not only improves the efficiency of its day-to-day operations but also paves the way for continued expansion.

    The data and technology used by Flydubai will be the main factors that lead to an exceptional travel experience as Flydubai expands its fleet and network. The partnership with ZestIoT will allow Flydubai to tackle the difficulties in the modern aviation world while sticking to its promise of timely departures and satisfied passengers. This cooperation not only paves the way for Flydubai’s presence in the highly competitive and changing industry but also secures the airline’s role as one of the leading companies in the worldwide aviation market.

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  • Senator Padilla Applauds Progress on Chatbot Regulations and Urges Legislature to Take Action

    Senator Padilla Applauds Progress on Chatbot Regulations and Urges Legislature to Take Action

    SACRAMENTO – Today, State Senator Steve Padilla (D-San Diego) issued the following statement in response to OpenAI and Common Sense Media reaching an agreement on comprehensive chatbot safety regulations that builds upon last year’s SB 243 to protect children and other vulnerable users:

     

    “Today, we’re witnessing a significant breakthrough between child advocates and tech leaders to improve child safety online. The proposed safeguards for chatbot technology are an important step forward to protect children through enhanced parental controls and age verification, auditing provisions, and disrupting addictive patterns embedded within chatbots. I want to thank Jim Steyer and Bruce Reed at Common Sense Media and the leaders of OpenAI for working together to create durable safeguards for children and to the Governor for pushing and nudging the parties to keep talking and working to forge these critical new protections.

    While this is an important milestone, there’s more work to be done and I continue to believe this issue should be tackled by the Legislature and Governor through a public process inviting all stakeholders to participate. Given the rapidly evolving nature of this technology, we also shouldn’t put this law into the Constitution as proposed in the updated initiative – doing so would create an unnecessarily high-bar to revise and update that law in the future. Moreover, legislative hearings will provide the broader public an opportunity to comment and provide input on this important issue.

    Therefore, I urge Common Sense Media, OpenAI and leaders in both houses to come together and commit to quick, but thorough, action on this topic. I look forward to working with the Assembly’s champion on this issue and Chair of Privacy and Consumer Protection Committee, Rebecca Bauer-Kahan, and the Senate’s newly-appointed Privacy, Digital Technologies, and Consumer Protection Committee Chair, Christopher Cabaldon, to enshrine additional child protections into law.”

     

    Senator Padilla’s Senate Bill 243, the first-of-its-kind law in the nation, requires chatbot operators to implement critical, reasonable, and attainable safeguards around interactions with artificial intelligence (AI) chatbots and provide families with a private right to pursue legal actions against noncompliant and negligent developers. At the time Governor Newsom signed SB 243, he urged the tech industry and child advocates to continue negotiations to strengthen and improve upon that measure.

    Already this year, several measures to advance and strengthen SB 243 have been introduced including Senator Padilla’s Senate Bill 300 to:

    • Bring age verification protocol in line with California’s landmark law, requiring chatbot operators to adhere to a stricter standard
    • Require operators to prevent chatbots from producing or facilitating the exchange of any sexually explicit material or proposing any sexually explicit content in interactions with minors

    Senator Padilla also introduced Senate Bill 867, a 4-year moratorium on the sale and manufacture of toys with AI chatbots embedded in them, the first-in-the-nation, to allow safety regulations to be developed to ensure children’s safety.

    To learn more about Senator Padilla’s continued efforts to create common sense regulations around AI chatbots, click here and here.

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    Steve Padilla represents the 18th Senate District, which includes the communities of Chula Vista, the Coachella Valley, Imperial Beach, the Imperial Valley, National City, and San Diego. Prior to his election to the Senate in 2022, Senator Padilla was the first person of color ever elected to city office in Chula Vista, the first Latino Mayor, and the first openly LGBT person to serve or be elected to city office. Website of Senator Steve Padilla: https://sd18.senate.ca.gov/

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  • Undeclared milk and egg in specific batches of Dunnes Stores Moroccan Style Topped Houmous

    Undeclared milk and egg in specific batches of Dunnes Stores Moroccan Style Topped Houmous


    Undeclared milk and egg in specific batches of Dunnes Stores Moroccan Style Topped Houmous


    Friday, 09 January 2026









    Alert Summary
    Allergy Alert Notification: 2026.A02
    Allergen(s): milk; egg
    Product Identification: Dunnes Stores Moroccan Style Topped Houmous
    Batch Code Best before date: 30/01/26
    Country Of Origin: Belgium


    Message:
    Specific batches of Dunnes Stores Moroccan Style Topped Houmous contains milk and egg which is not declared on the ingredients list on the affected batches. This may make the implicated batches unsafe for consumers who are allergic to or intolerant to milk or egg. Therefore, these consumers should not eat the implicated batches. Affected products can be returned to Dunnes Stores where a full refund will be given.














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  • Province enhances beef industry’s competitive edge – Government of Prince Edward Island

    1. Province enhances beef industry’s competitive edge  Government of Prince Edward Island
    2. Government of Canada invests in improved halal beef processing and packaging in Prince Edward Island  Yahoo Finance
    3. Feds spend over $2M to improve halal, kosher beef production in P.E.I.  CTV News
    4. Feds announce millions in spending on halal beef production in PEI  Western Standard

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  • More than 11,000 cheese products recalled due to possible Listeria contamination

    More than 11,000 cheese products recalled due to possible Listeria contamination

    Certain cheese products are being recalled due to a possible Listeria contamination, according to the U.S. Food and Drug Administration.

    Around 11,530 products from The Ambriola company, under names such as Boar’s Head and Member’s Mark, are being pulled from several states, including Texas.

    No illnesses have been reported in connection with this recall, and no other products are affected, the FDA stated.

    The recalled cheese was distributed between Nov. 3- 25, 2025.

    “We take food safety very seriously and immediately alerted stores and distributors to remove the affected products from shelves,” said Phil Marfuggi, chief executive officer. “We are working closely with the FDA and continuing to test our products and facilities to fully understand the situation.”

    If you have one of the products, the FDA said you can either return it to the store where you bought it for a refund or throw it away.

    Owners with questions can contact Ambriola at 1-800-962-8224, Monday through Friday, from 8 a.m. to 3 p.m.

    Listeria monocytogenes can cause serious and sometimes fatal infections in children, older adults and those with weakened immune systems.

    Pregnant women are also at risk, as the infection can cause miscarriages and stillbirths, the FDA said.

    Short-term symptoms in healthy individuals include high fever, severe headaches, abdominal pain, diarrhea and nausea.

    You can find the specific products and expiration dates here.


    Read more on KSAT:

    Copyright 2026 by KSAT – All rights reserved.

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  • A&O Shearman guides Genmab’s USD6 billion bank/bond financing

    A&O Shearman guides Genmab’s USD6 billion bank/bond financing

    The bank component of the financing involved a credit agreement providing for new senior secured credit facilities consisting of a USD1bn senior secured term loan “A” facility, a USD2bn senior secured term loan “B” facility and a USD500 million senior secured revolving credit facility. The bond piece consisted of Rule 144A/Regulation S offerings of USD1.5bn aggregated principal amount of 6.250% Senior Secured Notes due 2032 and USD1bn aggregated principal amount of 7.250% Senior Notes due 2033. 

    Genmab is an international biotechnology company dedicated to improving the lives of people with cancer and other serious diseases through innovative antibody medicines. For over 25 years, its passionate, innovative and collaborative team has advanced a broad range of antibody-based therapeutic formats, including bispecific antibodies, antibody-drug conjugates, immune-modulating antibodies and other next-generation modalities. Genmab’s science powers eight approved antibody medicines, and the company is advancing a strong late-stage clinical pipeline, including wholly owned programs, with the goal of delivering transformative medicines to patients.

    The A&O Shearman team was led by partners Harald Halbhuber (New York, capital markets), Michael Chernick (New York, debt finance) and Ryan Robski (Toronto/New York, capital markets), and associates Katya Bogdanov (Toronto/New York, capital markets), Ilya Mamin, Joe Tambasco (both New York, capital markets), Nick Slagter and Jahanvi Pandit (both Toronto/New York, capital markets) and Penelope Yan, Becky Hval, Jordan Tan (all New York, debt finance).

    Other A&O Shearman lawyers involved in the transaction include partners Derrick Lott and Clare O’Brien (both New York, M&A), Larry Crouch (Silicon Valley, tax), Matthew Brown (Washington D.C., tax), Niels de Ru (Amsterdam, debt finance), Godfried Kinnegim and Rens Bondrager (both Amsterdam, tax), and associates Katherine Teng and Jake Shaughnessy (both New York, M&A), Daniel Kachmar and Brandon Fawbush (Washington D.C., tax), Joy Kloosterman (Amsterdam, tax), Sophia Evenhuis and Michaël Guenneguez (both Amsterdam, global financial markets), Mercedeh Naseri (Amsterdam, debt finance), Sy Ro (New York, funds) and Stephanie Li (Washington D.C., funds).

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  • Gibson Dunn Advised Diginex on Signing of Definitive Agreement to Acquire PlanA

    Gibson Dunn Advised Diginex on Signing of Definitive Agreement to Acquire PlanA

    Firm News  |  January 9, 2026


    Gibson Dunn advised Diginex Limited, a leading provider of Sustainability RegTech and data management solutions, on the signing of a definitive agreement to acquire PlanA.earth GmbH, one of Europe’s leading AI-powered carbon accounting and decarbonization platforms.

    Our corporate team includes partners Robert Giannattasio and Christopher Lang.

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