The travel and hospitality sector is grappling with a rising wave of COVID-19 concerns after the federal government warned Wednesday against non-essential trips abroad. At a news conference in Ottawa, Health Minister Jean-Yves Duclos said the Omicron variant is now spreading in Canadian communities and across the globe, prompting a new advisory less than two […]
Category Archives: Business
Kroger, the biggest traditional grocery chain in the U.S., is ending some benefits for unvaccinated workers as big employers attempt to compel more of their workforce to become vaccinated with cases of COVID-19 again rising. Unvaccinated workers will no longer be eligible to receive up to two weeks paid emergency leave if they become infected, […]
South Korea’s largest dairy company, Seoul Milk, has apologized after releasing a controversial advert which some critics say portray women as cows. “We sincerely apologize to everyone who may have felt uncomfortable due to the milk advertisement video uploaded to the official YouTube channel of Seoul Milk on the 29th of last month,” Seoul Milk’s […]
OTTAWA – Statistics Canada will release its latest reading for inflation this morning when it publishes its consumer price index for November. The report comes after the annual inflation rate for October rose to 4.7 per cent, the largest year-over-year gain for the consumer price index since February 2003. Inflation has soared […]
Canadian home prices are expected to rise by 10.5 per cent in 2022, with Toronto, Vancouver and Halifax projected to see the largest increases. According to the new survey from real estate firm Royal LePage, next year’s forecast follows a record-breaking year in 2021, when housing prices jumped by 21.4 per cent. […]
OTTAWA — Canada is still prepared to impose a tax on corporations providing digital services, the finance ministry said on Tuesday in an announcement set to irritate the United States. Canada unveiled the proposed measure in the April budget, saying it would stay in place until major nations come up with a coordinated approach on […]
Concerns over the Omicron coronavirus variant and fresh travel restrictions have led to a spike in hotel booking cancellations globally, online hotel search firm Trivago said on Tuesday, threatening to upend a fragile recovery in global tourism. Cancellation rates increased to 35 per cent since November and holiday travel planning was down 10 […]
Starbucks on Monday apologized and said it would carry out inspections and staff training across all its roughly 5,400 stores in China after a state-backed newspaper said two of its outlets used expired ingredients. The Beijing News newspaper, in what it described as an undercover investigation, said the incidents occurred at two stores […]
Tesla Inc chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24%. “Tesla will make some merch buyable with Doge & see how it goes,” Musk said in a tweet. Dogecoin,, popular among retail investors, raced up to […]
DOVER, Del. – Attorneys in the Boy Scouts of America bankruptcy case have reached a tentative settlement under which one of the organization’s largest insurers would contribute $800 million into a fund for victims of child sexual abuse. The agreement announced Monday calls for Century Indemnity Co. and affiliated companies to contribute $800 […]