Category Archives: Business

Fishing, Northern Ireland: EU, UK back to Brexit wrangling

BRUSSELS – It was late on Christmas Eve last year when the European Union and Britain finally clinched a Brexit trade deal after years of wrangling, threats and missed deadlines to seal their divorce. There was hope that now-separated Britain and the 27-nation bloc would sail their relationship toward calmer waters. Don’t […]

Under new rules, Canadians with Oxford-AstraZeneca COVID-19 vaccine can travel to the U.S. next month

Canadians immunized against COVID-19 with the Oxford-AstraZeneca vaccine can visit the United States when new travel regulations come into play next month, but it’s not yet clear whether those with mixed doses will make the cut. The Centers for Disease Control and Prevention said Monday travellers who have received shots of vaccines approved or recognized […]

Chip shortage: Canadian auto production hit especially hard

Toronto – To be an autoworker in Canada this year has meant living with a fair bit of uncertainty. “There’s no consistency,” said Mark Sciberras, president of the Unifor local branch at Ford Motor Co.’s Oakville, Ont. operations. “One week to the next, you don’t know if you’re working.” The Oakville plant, […]

Nobel Prize in economics: Canadian among three winners

STOCKHOLM — A Canadian is among the three U.S-based economists awarded the 2021 Nobel prize for economics on Monday for pioneering research on the labour market impacts of minimum wage, immigration and education, and for creating the scientific framework to allow conclusions to be drawn from such studies that can’t use traditional methodology. Guelph, Ont., […]

Stock market: Asian shares mostly higher despite lingering energy worries

TOKYO – Asian shares were mostly higher on Monday despite persisting worries about the region’s energy crunch and coronavirus infections. Benchmarks in Japan and China rose, while South Korean markets were closed for a national holiday. Shares fell in Australia. Japan’s new prime minister, Fumio Kishida, calmed worries in Japan by backing […]

Breakdown in EU-U.K. relations at risk: Irish foreign minister

LONDON – Ireland’s foreign minister has warned that British demands risk a “further breakdown in relations” with the European Union ahead of talks this week aimed at resolving the impasse over the Brexit agreement. Simon Coveney posted the remarks on Twitter after the U.K.’s Brexit minister reiterated his insistence that the European Court […]

State electricity returns in Lebanon; issues remain

Lebanon’s main state electricity company supplied around two hours of power to the national grid, local residents told CNN on Sunday, a day after the country was reported to have disconnected from its grid due to fuel depletion. On Saturday, Lebanon’s Energy Minister Walid Fayad told CNN Arabic that reports of a total power outage […]

Pandora Papers: How U.S states help rich hide their assets

DOVER, Del. – A mention of “tax havens” typically conjures images of sun-soaked Caribbean escapes like the Cayman Islands or the buttoned-down banks of Switzerland. Not South Dakota. But a report detailing how world leaders and some of the planet’s wealthiest people hide their riches has drawn new scrutiny to the growth of […]