Category Archives: Business

Weather causing Canadian airline cancellations

Calgary – Canadian air travellers are experiencing an uptick in flight cancellations this holiday season, but airlines say weather is a bigger factor than COVID-19. According to airline data company Cirium, Canada’s largest airlines canceled hundreds of flights between Dec. 22 and Dec. 26 of this year. Flair Airlines cancelled nine per […]

Stocks open slightly higher as traders return from holiday

Stocks were modestly higher Monday in muted trading after the Christmas holiday, helped by big technology companies like Apple and Nvidia. Energy companies were also helped by a bump up in the price of oil. Trading is expected to be quiet, but potentially volatile, this week as the omicron coronavirus variant continues to […]

Pandemic puts ‘right to disconnect’ in spotlight as provinces inch toward policies

TORONTO — During Danish Yusuf’s morning routine, his work phone rarely rings and seldom is there an appointment with his Toronto insurance company staff. The lack of disruptions is no coincidence. Yusuf instructed staff not to plan meetings or send electronic communications early in the morning or after 5 p.m. years ago in hopes of […]

China will tighten rules on overseas IPOs, but won’t ban them entirely

China is planning to tighten restrictions for Chinese companies that want to list overseas, but the government won’t ban them from trading abroad altogether. The securities regulator proposed late Friday that any firm that wants to go public in another country has to register with the agency first, and then meet a set of requirements […]

Omicron disrupts holiday travel but not shopping in U.S.

The latest COVID-19 variant is upending holiday plans for tens of thousands of travellers — but it didn’t do much damage to holiday shopping. Airlines cancelled hundreds more flights Sunday, citing staffing problems tied to COVID-19, as the nation’s travel woes extended beyond Christmas, with no clear indication when normal schedules would resume. […]

Hundreds more U.S. flights cancelled because of staff shortages

Airlines cancelled hundreds more U.S. flights Sunday, citing staffing problems tied to COVID-19, as the nation’s travel woes extended beyond Christmas, with no clear indication when normal schedules would resume. More than 700 flights entering, leaving or flying within the U.S. were called off, according to the flight-tracking website FlightAware. That figure […]

Iceland experiments with a four-day work week

Iceland is paving the way when it comes to striving for better work-life balance, having just wrapped up a series of trials shortening the typical five-day work week to four. Starting in 2015, Reykjavik City Council and the Icelandic government launched the initiative spurred by pressure from trade unions and civil society organizations. Their goals […]

COVID-19 flight cancellations drag on

NEW YORK – Airlines continued to cancel hundreds of flights Saturday because of staffing issues tied to COVID-19, disrupting holiday celebrations during one of the busiest travel times of the year. FlightAware, a flight-tracking website, noted nearly 1,000 cancelled flights entering, leaving or inside the U.S. Saturday, up from 690 flights scrapped on […]