TOKYO — Global shares were mixed Monday after the passage of the $1.9 billion U.S. stimulus package passed the Senate over the weekend, adding to hopes for a faster recovery from the pandemic. France’s CAC 40 edged up 0.4% to 5,804.67 in early trading, while Germany’s DAX added 0.5% to 13,995.18. Britain’s FTSE 100 rose […]
Tag Archives: Canada
VANCOUVER — Thirty-eight per cent of young adults in B.C. who experience the “fear of missing out” – commonly called “FOMO” – also think that social media is a reliable source of investing information, according to a survey from the B.C. Securities Commission. The finding is based on a survey of 2,000 people, and has […]
SASKATOON — In Canada, it’s illegal for a landlord to refuse to rent space to a person because of their race, citizenship, ethnicity or religion. But Black real estate agents and renters say it is still happening far too frequently. Last December, a 27-year-old undergrad student named Michael was attempting to take over someone else’s […]
SEATTLE — MacKenzie Scott, philanthropist, author and former wife of Amazon founder Jeff Bezos, has married a Seattle science teacher who expressed gratitude “for the exceptional privilege it will be to partner in giving away assets with the potential to do so much good when shared.” Dan Jewett, who made the announcement in a letter […]
Elon Musk’s net worth plunged last week as tech stocks got hammered and Tesla shares’ stunning rise quickly unravelled. Wall Street is growing increasingly nervous about rising bond yields, which could make borrowing more expensive. That could eat into corporate profits, which is why investors have begun to reverse some of the positions they took […]
COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some regions, driving cautious hopes of a revival in summer traffic, but also raising fears among tourist […]
In the aftermath of the COVID-19 pandemic, Canada’s tourism industry is facing a crisis greater than the combined impacts of Sept. 11, 2001, the SARS outbreak and the global financial crisis, according to a new report. The depth of the crisis means it will be a long recovery for the tourist industry with potential shock […]
Nova Scotia businessman Tareq Hadhad says he’s confident of an economic turnaround in Canada by the end of 2020. Hadhad, who fled war-torn Syria with his family in 2015, has opened a new shop for his internationally successful brand, Peace By Chocolate. During Friday’s store opening, a mask hid his smile. But, Hadhad’s eyes […]
MILAN — The Milan fashion house Dolce&Gabbana has filed a multimillion-dollar defamation suit in an Italian court against U.S. fashion bloggers who reposted anti-Asian comments attributed to one of the designers that led to a boycott by Asian consumers. The suit was filed in Milan civil court in 2019, but only became public this week […]
TORONTO — Canada’s main stock index reversed early losses to close higher Friday on signs of a quicker economic recovery that sent crude oil prices to a near two-year high. The S&P/TSX composite index closed up 255.24 points to 18,380.96 after hitting an intraday low of 17,998.32. The market faltered early, a day after Federal […]