Asian markets were mixed on Monday, with Shanghai closed for the National Day holiday. Hong Kong’s benchmark shed more than 2% after troubled property developer China Evergrande’s shares were suspended from trading. The company did not say why, but a Chinese financial news service, Cailian, said another major developer was planning to buy Evergrande’s property […]
Tag Archives: business
Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century, according to a review of nearly 12 million files obtained from 14 firms located around the world. The report released Sunday by the International […]
JERUSALEM — Egypt’s national carrier Sunday made its first official direct flight to Israel since the two countries signed an historic 1979 peace treaty as an EgyptAir jet landed at Tel Aviv’s Ben Gurion Airport. The airline’s affiliate, AirSinai, has for decades operated flights to Israel without the company logo, out of fear of public […]
In any normal winter, Cameron Birch and his family of five would pack their bags for an all-inclusive vacation somewhere warm and sunny. But when the pandemic kept them from booking a trip south, the Kelowna, B.C., family looked closer to home and bought season passes to Big White Ski Resort for the first time. […]
LONDON — The British government has extended an emergency visa program for truck drivers as fuel shortages showed few signs of abating Saturday, particularly in London and the southeast of England. In an announcement late Friday, the Conservative government said temporary visas for nearly 5,000 foreign truck drivers it hopes to recruit would run into […]
TORONTO — Bringing home the bacon is more expensive than ever in Canada, and it could become even more costly as time goes on. “It’s been going up about 15 to 20 per cent, I’d say, over the summer,” butcher and chef Peter Sanagan told CTV News. Statistics Canada reported in August that a 500-gram […]
OTTAWA — Consumers appears to have helped the Canadian economy through a July stumble, as Statistics Canada reported Friday that real gross domestic product dropped 0.1 per cent in the month before rebounding in August. The July figure was better than the agency’s initial estimate of a contraction of 0.4 per cent, as warmer weather, […]
A group of more than 20 current and former employees are accusing Jeff Bezos’ Blue Origin rocket ship company of being a toxic work environment and not adhering to proper safety protocols. The workers claim in an essay that there’s sexism at the Kent, Washington, company. The employees, led by former head of Blue Origin […]
LONDON — Many British gas stations were still dry on Friday after a chaotic week that saw panic-buying, fights at the pumps and drivers hoarding fuel in water bottles after an acute shortage of truck drivers strained supply chains to breaking point. Shortages of workers in the wake of Brexit and the COVID-19 pandemic have […]
TORONTO — Interac Corp. says it has signed a deal to acquire the exclusive rights to SecureKey Technologies Inc.’s digital identification services in Canada. Financial terms of the agreement were not immediately available. Interac says SecureKey will help in its building of a national network that will allow people to securely share and verify their […]