Tag Archives: business

Holiday liquor shortages a real concern in Canada

Canada is facing alcohol shortages ahead of the holidays due to supply chain issues, a situation prompting some provincial liquor authorities to urge customers to shop early — or be prepared to try a new libation. Supply chain experts say the inventory crunch stems from issues with production, transportation and demand. Yet with much of […]

Companies, environmentalists eager to open Alberta coal mining reports

EDMONTON – This year, Albertans won’t find out if there’s coal in their stockings until after Christmas. Sometime early in 2022 – the government won’t say exactly when – Energy Minister Sonya Savage is to release two reports that will determine the future of coal mining in the province’s beloved Rocky Mountain foothills […]

Alcohol authorities in Canada warn of holiday liquor shortages

Canada is facing alcohol shortages ahead of the holidays due to supply chain issues, a situation prompting some provincial liquor authorities to urge customers to shop early — or be prepared to try a new libation. Supply chain experts say the inventory crunch stems from issues with production, transportation and demand. Yet with much of […]

Nintendo game console pioneer dies

TOKYO – Masayuki Uemura, a Japanese home computer game pioneer whose Nintendo consoles sold millions of units worldwide, has died, according to the university in Kyoto where he taught. He was 78. Uemura, the lead architect behind Nintendo Co.’s trailblazing home game consoles, died Monday, Ritsumeikan University said in a statement. The cause […]

Daimler settles diesel emission claims in Canada for $197M

FRANKFURT – Daimler on Friday said it agreed to settle claims in Canada that some of its diesel vehicles likely contained a “defeat device” used to cheat emissions testing, an accusation the German luxury carmaker denies. Daimler said the settlement will cost about $250.2 million. “With the settlement, Daimler takes another step […]

Kansas City Southern approves takeover by CP Rail

CALGARY – Kansas City Southern shareholders gave a bright green light Friday to the railway’s takeover by Canadian Pacific Railway Ltd. Shareholders voted 96.6 per cent in favour at a special meeting that lasted less than 10 minutes, paving the way for the creation of the only single-line rail network connecting Canada, the […]

Elon Musk says he’s thinking of becoming a full-time influencer

Tesla Chief Executive Officer Elon Musk is “thinking of” leaving his jobs and becoming an influencer, the world’s richest man tweeted on Thursday. “thinking of quitting my jobs & becoming an influencer full-time wdyt,” Musk said in the tweet, without elaborating. It was not immediately clear if Musk, a prolific user of the social media […]

Coronavirus: U.S. companies rethink return-to-office plans amid Omicron cases

NEW YORK – U.S. companies of all sizes are rethinking their plans to send workers back to the office as the new Omicron variant adds another layer of uncertainty. Alphabet’s Google and the nation’s second largest automaker Ford Co. are among those once again delaying their return-to-office plans, while other businesses whose employees […]

Stock market: Global stocks follow Wall St lower before U.S. inflation data

BEIJING – Global stock markets declined Friday ahead of U.S. inflation data that might influence a Federal Reserve decision on when to roll back economic stimulus. London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong retreated. Fed officials, due to meet next week, have said plans to wind down bond purchases […]