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Tag Archives:
business
Consumer prices slump 0.4% as virus puts chill on spending
WASHINGTON - Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost of gasoline, airfares, hotel r...
The Canadian Press
Apr 10, 2020
Markets stable amid holidays, oil down on OPEC uncertainty
BANGKOK - Asian shares were steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the...
The Canadian Press
Apr 10, 2020
Pandemic has set the number of air travellers back decades
The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. The Transportation ...
The Canadian Press
Apr 09, 2020
Canada lost more than one million jobs in March, but April could be even worse
OTTAWA - More than one million Canadians lost their jobs at the onset of the COVID-19 crisis in March, a grimly historic one-month figure Statistics Canada reported Thursday, as the number o...
The Canadian Press
Apr 09, 2020
Asian shares steady after Wall St caps best week since 1974
BANGKOK - Asian shares are steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the ...
The Canadian Press
Apr 09, 2020
Canada won't tip hand on possibility of import tariffs on Saudi oil
OTTAWA - Canada's energy minister will speak to his U.S. and Mexican counterparts Thursday in a bid to form a common front ahead of talks aimed at ending the global oil-price wars. But Deputy Pri...
The Canadian Press
Apr 08, 2020
Airbus cuts production by a third as airlines struggle
LONDON - European planemaker Airbus said Wednesday it is reducing production by about a third as demand for aircraft and travel plummets due to the coronavirus pandemic. The company said it delivered ...
The Canadian Press
Apr 08, 2020
Europe struggles to agree on economic response to virus
BRUSSELS - European governments remained at loggerheads Wednesday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over aid c...
The Canadian Press
Apr 08, 2020
Toronto company expands ventilator production tenfold to meet demand
OTTAWA - One of the companies making ventilators for the federal government is expanding its production capacity more than tenfold to meet demands created by the COVID-19 pandemic. Another one has nev...
The Canadian Press
Apr 08, 2020
Business generally supports changes to wage subsidy rules unveiled by Trudeau
Business groups applauded the federal government's decision to loosen requirements for its wage subsidy program for employers hit by COVID-19, even as they emphasized the need for money to quickl...
The Canadian Press
Apr 08, 2020
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