Tag Archives: business

BRUSSELS - The European Union's top officials breathed a sigh of relief on Wednesday that Joe Biden will be taking over as president of the United States, but they warned that the world has changed af...

OTTAWA - The economy will go in reverse for the first quarter of 2021, the Bank of Canada said Wednesday as it kept its key interest rate on hold, warning the hardest-hit workers will be hammered agai...

PORTLAND, Ore. - Plans for a major West Coast liquified natural gas pipeline and export terminal hit a snag Tuesday with federal regulators after a years-long legal battle that has united tribes, envi...

NEW YORK - The founder and CEO of MyPillow, who amplified President Donald Trump's claims of election fraud, said a backlash against his company has begun after a mob stormed the U.S. Capitol this mon...

OTTAWA - Twenty-one senators from the Maritimes are urging the federal government to provide financial assistance to an inter-city bus service that they say is in financial peril because of the COVID-...

SILVER SPRING, Md. - General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. In the partnership announced Tuesday, the companies said Microsoft's Azure cl...

BEIJING - Profit at state-owned companies that dominate China's banking, oil and most other industries rose by as much as 25% last year as the country recovered from the coronavirus pandemic, the gove...

ROME - Italian Premier Giuseppe Conte squeaked through a crucial Senate confidence vote Tuesday night, allowing him to keep his wobbly coalition afloat but failing to secure the reliable support neede...

MILAN - European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank by 23.7%, or 3 million...

BERLIN - Chancellor Angela Merkel said Tuesday that Germany is extending its pandemic restrictions, including the closure of schools and stores, until mid-February amid concerns that new mutations of ...