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business
China cuts tariffs on $75B of US imports in trade truce
BEIJING - China cut tariffs on $75 billion of U.S. imports including soybeans, pork and auto parts Thursday in a trade truce with Washington while Beijing struggles with a costly virus outbreak. The c...
The Canadian Press
Feb 06, 2020
Convictions of executives upheld in historic Nova Scotia fraud case
HALIFAX - Two executives once referred to by a judge as the mastermind and enforcer of a multimillion-dollar stock market scheme were jailed this week as Nova Scotia's highest court upheld their ...
The Canadian Press
Feb 05, 2020
Airliner skids, breaks open in Istanbul; 3 dead, 179 injured
ISTANBUL - A Turkish airliner skidded off a runway, crashed into a ditch and broke apart while landing in bad weather in Istanbul Wednesday, killing three people and injuring dozens more. Passengers h...
The Canadian Press
Feb 05, 2020
Japan quarantines cruise ship as toll of new virus grows
TOKYO - Large white sheets covering them head-to-knee, people infected with a new virus were led by gloved and masked officials Wednesday off a Japanese cruise ship, while the rest of the 3,700 people...
The Canadian Press
Feb 04, 2020
Hyundai halts Korea output as China outbreak fallout spreads
WASHINGTON - Hyundai Motors is suspending production in South Korea, a sign that the economic fallout from China's viral outbreak is spreading. For other companies bracing for losses from coronavirus,...
The Canadian Press
Feb 04, 2020
Macy's to close 125 stores, shed 2,000 corporate jobs
NEW YORK - Macy's said Tuesday it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store tries to reinvent itself in the age of online shoppi...
The Canadian Press
Feb 04, 2020
Ferrari CEO less worried about China weakness than Hong Kong
MILAN - Ferrari CEO Louis Camilleri said Tuesday the Italian luxury sports car maker could shift deliveries to other markets to adjust to any weakness in China due to the coronavirus, and that he was ...
The Canadian Press
Feb 04, 2020
Abu Dhabi's long-troubled Etihad sells 38 planes for $1B
DUBAI, United Arab Emirates - Abu Dhabi's long-troubled Etihad Airways said Tuesday it would sell 38 aircraft to an investment firm and a leasing company in a deal valued at $1 billion, the latest cos...
The Canadian Press
Feb 04, 2020
Federal Court dismisses First Nations' challenges to TMX pipeline project
OTTAWA - The Trans Mountain pipeline expansion overcame another legal hurdle Tuesday when the Federal Court of Appeal struck down a challenge filed by several British Columbia First Nat...
The Canadian Press
Feb 04, 2020
Google 4Q revenue grew, but not enough for Wall Street
SAN FRANCISCO - Google's revenue grew, but Wall Street wanted more. Parent company Alphabet's stock fell more than 4% after financial results came out Monday, even as profits rose 19% and beat expecta...
The Canadian Press
Feb 03, 2020
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