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CTV News
13-06-2025
- Business
- CTV News
Here's why 15,000 hedge trimmers are being recalled in Canada
Hundreds of thousands of Ryobi-branded cordless hedge trimmers sold in Canada and the U.S. have been recalled due to laceration hazards, prompting warnings from health and consumer agencies in both countries. Health Canada issued a joint recall with the U.S. Consumer Product Safety Commission (US CPSC) and Techtronic Industries (TTI) Outdoor Power Equipment Inc. on Thursday for select Ryobi 24-inch, 40V cordless hedge trimmers. 'The hedge trimmer blade can unexpectedly activate after pressing just the safety or trigger control individually rather than engaging the safety and trigger controls simultaneously, posing a potential laceration hazard,' the alert said. According to Health Canada, as of May 27, TTI Outdoor Power Equipment has received one incident report and one finger laceration report in Canda. Approximately 15,000 units were sold in Canada between March 2021 to January 2025. The affected trimmers only have model numbers RY40620VNM, RY40602VNM and RY40602BTLVNM and serial numbers within ranges LT21091D180001 to LT22365D060025 and RG23125N250001 to RG24252D101110. Consumers can find the model and serial information on the product's data plate located on the trimmer's bottom. Health Canada urges consumers to 'immediately stop using' the affected products and visit the company's website to see if their trimmer is in the recall. Consumers can receive a free replacement trimmer. Larger recall in the U.S. The recall is more significant in the U.S., where the CPSC reported the same day that more than 110,000 units are affected. According to the CPSC, the company received 27 reports of the blade activating after pressing just one of the controls including 16 injury reports that resulted in minor and some severe lacerations.
CTV News
12-06-2025
- Business
- CTV News
More than 125K hedge trimmers recalled in Canada, U.S. over laceration hazard
Hundreds of thousands of Ryobi-branded cordless hedge trimmers sold in Canada and the U.S. have been recalled due to laceration hazards, prompting warnings from health and consumer agencies in both countries. Health Canada issued a joint recall with the U.S. Consumer Product Safety Commission (US CPSC) and Techtronic Industries (TTI) Outdoor Power Equipment Inc. on Thursday for select Ryobi 24-inch, 40V cordless hedge trimmers. 'The hedge trimmer blade can unexpectedly activate after pressing just the safety or trigger control individually rather than engaging the safety and trigger controls simultaneously, posing a potential laceration hazard,' the alert said. According to Health Canada, as of May 27, TTI Outdoor Power Equipment has received one incident report and one finger laceration report in Canda. Approximately 15,000 units were sold in Canada between March 2021 to January 2025. The affected trimmers only have model numbers RY40620VNM, RY40602VNM and RY40602BTLVNM and serial numbers within ranges LT21091D180001 to LT22365D060025 and RG23125N250001 to RG24252D101110. Consumers can find the model and serial information on the product's data plate located on the trimmer's bottom. Health Canada urges consumers to 'immediately stop using' the affected products and visit the company's website to see if their trimmer is in the recall. Consumers can receive a free replacement trimmer. Larger recall in the U.S. The recall is more significant in the U.S., where the CPSC reported the same day that more than 110,000 units are affected. According to the CPSC, the company received 27 reports of the blade activating after pressing just one of the controls including 16 injury reports that resulted in minor and some severe lacerations.
South China Morning Post
12-05-2025
- Business
- South China Morning Post
Hong Kong stocks extend longest streak in a year on China-US trade talk progress
Hong Kong stocks rose for an eighth day on Monday, extending the longest winning stretch in a year as a de-escalation of the China-US trade war boosted risk appetite. Advertisement The Hang Seng Index advanced 0.9 per cent to 23,079.88 at the noon break, adding to a cumulative 4.1 per cent gain over the past seven days. The eight-day run is the longest since the 10-day streak ending in May 2024. The Hang Seng Tech Index advanced 1.9 per cent. On the mainland, the CSI 300 Index climbed 0.6 per cent, and the Shanghai Composite Index added 0.4 per cent. The onshore yuan strengthened 0.2 per cent against the US dollar. Futures contracts on three US stock benchmarks rose at least 1 per cent during Asian-hours trading, while haven trade unravelled, with spot gold prices sliding as much as 2 per cent. Companies that rely on overseas sales led the Hang Seng Index's gain. Sunny Optical Technical Group, the maker of camera modules for mobile phones that derived more than 40 per cent of its sales from overseas last year, rallied 10 per cent to HK$70.95. Hong Kong machine tool maker Techtronic Industries, which counted on North America for 76 per cent of its revenue in 2024, rose 4 per cent to HK$89.80. Household appliance maker Haier Smart Home advanced 4.2 per cent to HK$23.75. Advertisement China and the US said they made 'substantial progress' on trade talks after two days of negotiations in Switzerland. The two nations agreed to establish a 'trade consultation mechanism', Chinese Vice-Premier He Lifeng told reporters in Geneva. The two sides 'have taken important steps to resolve differences through equal dialogue and consultation'. They plan to issue a joint statement later on Monday and 'conduct further consultations on issues of mutual concern', China's official Xinhua News Agency said.
South China Morning Post
12-05-2025
- Business
- South China Morning Post
Hong Kong stocks extend longest streak in a year on China-US trade talks' progress
Hong Kong stocks rose for an eighth day on Monday, extending the longest winning stretch in a year as a de-escalation of the China-US trade war boosted risk appetite. Advertisement The Hang Seng Index added 0.9 per cent to 23,068.17 as of 9.55am local time. The eight-day gain is the longest since the 10-day streak ending in May 2024. The Hang Seng Tech Index advanced 1.4 per cent per cent. On the mainland, the CSI 300 Index climbed 0.5 per cent, and the Shanghai Composite Index added 0.4 per cent. Companies that rely on overseas sales led the gain. Machine tool maker Techtronic Industries rose 4 per cent to HK$89.90 and Sunny Optical Technical Group jumped 5.1 per cent to HK$67.65. Household appliance maker Haier Smart Home advanced 3.3 per cent to HK$23.55. China and the US said they made 'substantial progress' on trade talks after two days of negotiations in Switzerland. The two nations agreed to establish a 'trade consultation mechanism', Chinese Vice-Premier He Lifeng told reporters. Advertisement The two sides 'have taken important steps to resolve differences through equal dialogue and consultation'. They plan to issue a joint statement later on Monday and 'conduct further consultations on issues of mutual concern', China's official Xinhua News Agency said.
South China Morning Post
06-02-2025
- Business
- South China Morning Post
Hong Kong stocks gain after US reversal on package ban
Hong Kong stocks rose on Thursday, following gains in the US as traders navigated nonstop news around the trade battle between the world's two largest economies. The Hang Seng Index advanced 0.1 per cent to 20,614.20 at 10.05am local time, on track for a fourth consecutive weekly gain. The Hang Seng Tech Index rose 0.4 per cent. Mainland China's benchmarks the CSI 300 Index and the Shanghai Composite Index both rose 0.1 per cent. Sunny Optical Technology climbed 3.8 per cent to HK$75.20, machine tool maker Techtronic Industries rose 2.9 per cent to HK$102 and Lenovo Group jumped 2.9 per cent to HK$11.26. Tencent-backed e-book seller China Literature surged 6.3 per cent to HK$28.65, while Hua Hong Semiconductor rose 3.2 per cent to HK$26.10 and its peer Semiconductor Manufacturing gained 3 per cent to HK$46.05. Leading decliners, Alibaba Health Information lost 3 per cent to HK$3.59, and internet giant Baidu dropped 1.8 per cent to HK$86.25. Meituan dipped 1.7 per cent to HK$148.30, while Kuaishou Technology declined 1.8 per cent to HK$44.60. 'Our playbook for Trump 2.0 was to buckle up for higher volatility,' Louis Luo, head of multi-asset investment solutions for Greater China at Abrdn, said in a note on Wednesday. Under US-China trade tensions, his firm investing more in China as it is better positioned than emerging-market peers in the near term, he added.
