Business News | CuriousCats.ai

+1 source·24 July 2026 · 19:21 UTC

CN Rail boosts full-year outlook and reports Q2 profit increase as customers navigate tariffs and wildfires pose little threat to shipping volumes

Revenue from grain and fertilizer climbed 18 per cent to $980 million, while petroleum and chemicals rose 16 per cent. Chief operating officer Patrick Whitehead said the mainline in northern Ontario has reopened after wildfires, and CEO Tracy Robinson expressed hope for a constructive agreement on tariffs.

+1 source·24 July 2026 · 19:21 UTC

Brent crude oil prices rise above $100 a barrel as Mideast disruptions fuel rally; end-of-year outlook near $100, Rapidan says

The double blockade of the Strait of Hormuz and the Bab el-Mandeb has turbo-boosted oil prices this week, with ICE Brent and WTI each gaining $10 per barrel. Houthi missile attacks on two Saudi tankers, Encelia and Layla, have damaged the vessels, threatening Saudi Aramco's crude exports and forcing shipowners to bypass the Red Sea.

+6 sources·24 July 2026 · 19:13 UTC

Spreading wildfires in B.C. trigger power disruptions and evacuation orders as thousands of lightning strikes spark new blazes

Two out-of-control wildfires near Boston Bar merged into the Brunswick complex covering over 230 square kilometres, and some residents refused evacuation orders despite being at risk. Prime Minister Mark Carney called it one of the most intense wildfire seasons on record, mobilizing more than 5,300 firefighters and 300 aircraft.

+1 source·24 July 2026 · 19:00 UTC

Quad unveils new Elegan speakers as spiritual successors to L Series; aims to “deliver high-end performance at accessible prices”

Designed by Quad’s longtime acoustic design director Peter Comeau, the Elegan 1 is a two-way standmount and the Elegan 2 a three-way floorstander, both using woven Kevlar cones. Priced at $995 and $1,995 per pair respectively, they are available in matt black or walnut from July 24, 2026, and are designed to match Quad’s 3, 33 and 303 electronic components.

+2 sources·24 July 2026 · 16:26 UTC

Defense tech company Anduril in talks to raise funding at about $100 billion valuation

Just two months ago, Anduril doubled its valuation to $61 billion in a $5 billion funding round led by Thrive Capital and Andreessen Horowitz. The company, which reported $2.2 billion in revenue in 2025, also debuted a new vertical-takeoff-and-landing drone called Thunder at the Farnborough Air Show.

+1 source·24 July 2026 · 14:55 UTC

Quebec has not — yet — signed Canada's direct-to-consumer alcohol sales deal

Quebec signed a memorandum of understanding on the initiative a year ago, and Premier Christine Fréchette said amendments to Quebec's laws are needed, which can be made as soon as the legislature resumes. Experts like Frédéric Laurin question how the SAQ's monopoly would be bypassed and whether international trade obligations could lead to legal challenges by foreign wineries.

+1 source·24 July 2026 · 12:30 UTC

Uncertainty around trade agreements more concerning than US tariff threats, Canadian farmers say — as one consumer declares 'I will not buy American dairy products under any circumstances'

Rising fuel prices are impacting dairy farmers significantly, with Ben Nichols saying 'when the price of energy goes up, the price of everything goes up.' A reader also questioned supply management's effectiveness if American dairy is cheaper, suggesting it may not serve the public.

·24 July 2026 · 10:54 UTC

Downtown Edmonton eateries hard to reach; restaurant shutdowns intensify

The recent closure of PlayWright highlights how construction and parking issues are driving downtown Edmonton restaurants out of business. Meanwhile, high parking costs and QR codes that bewilder seniors further discourage customers, leaving chefs struggling with a severe lack of clientele.

+2 sources·24 July 2026 · 08:24 UTC

Airbus A350-1000ULR test flight touched down in Melbourne after a 19-hour nonstop journey from Toulouse; milestone for Qantas ultra-long-haul plans

Over 67,000 people tracked the A350-1000ULR's 17,000km test flight, making it the world's most-watched flight on Friday. The aircraft's 20,000-liter fuel tank enables flights up to 22 hours, and Qantas expects its first livery-painted delivery in April 2027.

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