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Heat, drought and storms; A summer of extremes and contrasts

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The Weather Network’s 2025 Summer Forecast

OAKVILLE, ON, May 28, 2025 /CNW/ – It’s time to get out and explore Canada’s great outdoors! After a long winter and a sporadic spring, will we be rewarded with a warm and sunny summer to enjoy our favourite outdoor activities?

The Weather Network’s Summer Forecast calls for warmer than normal temperatures across most of Canada during the months of June, July and August. While spring struggled to deliver any consistent warm weather, most of the country will see a swift transition into the next season.

“This summer will really come through for those who have been longing for warmer weather,” said Doug Gillham, Senior Meteorologist with The Weather Network. “However, this summer will also illustrate the fact that too much hot weather brings many risks. The heat will be excessive at times, especially across western Canada where it will contribute to widespread drought conditions and a heightened risk for wildfires and poor air quality.  Meanwhile, across eastern Canada, warm and humid conditions will help to fuel powerful thunderstorms at times.”

Canadian summers truly are fantastic opportunities to enjoy our spectacular scenery with extended daylight hours and much warmer temperatures. However, it is important to stay informed by regularly checking our detailed local forecasts for updates to ensure a safe and enjoyable summer.

Below is a more detailed look at the conditions expected across Canada this summer:  

Ontario & Quebec – A warm and humid summer is expected which should include a few heat waves, potentially starting before Canada Day. However, we do not expect persistent heat through the summer (except west of Lake Superior). Occasional shots of cooler weather are likely, and the muggy conditions will help to fuel more frequent showers and powerful thunderstorms.  However, the threat for wildfires is a major concern across northern Ontario and if this threat is realized, the fires could have a far reaching impact on the other parts of the country with smoke and a risk for poor air quality at times.

British Columbia – A hot summer is expected across the interior of the province, especially during July and August, but temperatures should be closer to seasonal near the coast.  Rain totals are forecast to be near normal or below normal, so the risk for wildfires, smoke and poor air quality will be an increasing concern as we progress through the season. Scattered thunderstorms will be more widespread at times, which should provide some relief from the dry conditions. However, the storms will also bring a risk for localized flash flooding and lightning which can also ignite additional fires.

The Prairies – A hot and dry summer is expected across most of the region. Widespread drought is a major concern across the central United States and it appears that the drought will extend well north of the border and impact much of the Canadian Prairies as well. This could have a significant impact on agriculture and bring a heightened risk for wildfires with far reaching impacts from smoke and poor air quality.  However, powerful thunderstorms will interrupt the periods of dry weather at times with a risk for localized severe storms.

Atlantic Canada – A warm and humid summer is expected across the Maritimes and western Newfoundland, but occasional cold fronts will bring more refreshing conditions at times. Near normal temperatures are expected for central and eastern Newfoundland.  While there will be some dry stretches, showers and thunderstorms should be frequent enough to bring rain totals to near normal or above normal across the region. We will also be keeping an eye on the tropics. A more typical Atlantic hurricane season is expected, but the anticipated jet stream pattern would bring an elevated risk for a tropical system to impact the region.

Northern Canada – A warm summer is expected across most of the region with above normal temperatures expected across the N.W.T., most of Nunavut, and eastern parts of the Yukon. Near normal temperatures are expected for much of Baffin Island and the western half of the Yukon. We expect that much of the Yukon will see above normal precipitation, but near normal precipitation is expected across the rest of the region. The anticipated heat and stretches of dry weather will bring an increasing threat for wildfires, smoke and poor air quality at times. 

 The Weather Network:  Summer 2025 Forecast

Region

Temperature Outlook

Precipitation Outlook

British Columbia

Above normal central and east;
Near normal west

Below normal southern
interior; Above normal
northwest; Near normal
elsewhere

Alberta

Above normal; Much above
normal south

Below normal south; Near
normal north

Saskatchewan

Above normal; Much above
normal south

Below normal south; Near
normal north

Manitoba

Above normal; Much above
normal south

Below normal south; Near
normal north

Ontario

Above normal; Much above
normal northwest

Above normal south, east and
far north; Below normal
northwest; Near normal
elsewhere

Québec

Above normal

Above normal south and east;
Near normal elsewhere

The Maritimes and
Newfoundland

Above normal; Near normal
central and eastern
Newfoundland

Above normal; Near normal
eastern Nova Scotia and
Newfoundland

Yukon, Northwest
Territories, Nunavut

Above normal; Near normal
western Yukon and northern
Baffin Island

Near normal; Above normal
western Yukon

Canadians can check daily forecasts by visiting www.theweathernetwork.com or by downloading The Weather Network App available on iOS and Android, and creating an account for personalized and up-to-the minute forecasts.

Complete summer forecast details, including regional breakdowns, maps and charts are available on our seasonal page at theweathernetwork.com/summer.

Interview opportunities: The Weather Network meteorologists are available for interviews between May 28-30 to provide additional details and localized insights about this year’s summer forecast.

About Pelmorex

Pelmorex is the company behind the well-known weather brands, The Weather Network, MétéoMédia, Eltiempo in Spain, Otempo in Portugal, and Clima for Spanish-speaking audiences. It helps people, communities and businesses stay informed and safe with fast, accurate forecasts and weather alerts. It also operates Canada’s National Alert Aggregation and Dissemination System, part of the Alert Ready emergency alert system.

Driven by an unwavering commitment to innovation and a vibrant entrepreneurial spirit, Pelmorex has established itself as a global leader in delivering hyper-precise global weather forecasts, personalization and insights to empower people and businesses to make informed, smart and confident decisions amidst the changing and volatile weather.

Through its relentless pursuit of excellence and groundbreaking advancements, Pelmorex continues to redefine the landscape of weather information services, solidifying its status as a trailblazer in the field. 

To learn more, visit Pelmorex.com and follow us on LinkedIn.

SOURCE Pelmorex Corp.

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Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

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LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets. 

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades. 

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes. 

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.” 

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.” 

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-introduces-spread-to-benchmark-quoting-for-eur-and-gbp-portfolio-trading-baskets-302787922.html

SOURCE Bloomberg L.P.

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Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

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SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

 

View original content:https://www.prnewswire.com/news-releases/dr-sunho-kang-a-senior-battery-technology-executive-with-leadership-experience-at-major-global-battery-and-ev-manufacturers-joins-terawatt-technology-as-head-of-product-and-technology-302786854.html

SOURCE TeraWatt Technology Inc.

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Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

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HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.    

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tencent-cloud-and-soniox-announce-strategic-partnership-combining-advanced-speech-to-text-stt-technology-with-global-real-time-infrastructure-302786832.html

SOURCE Tencent Cloud

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