Tag Archives: business

FRANKFURT - Unemployment rose for a fifth straight month in Europe in August and is expected to grow further amid concern that extensive government support programs won't be able keep many businesses ...

BRUSSELS - The European Union took legal action against Britain on Thursday over its plans to pass legislation that would breach parts of the legally binding divorce agreement the two sides reached la...

OTTAWA - The Liberal government is promising to finally spend $10 billion that has sat in the accounts of its infrastructure financing agency for years, hoping to create thousands of post-pandemic job...

LONDON - Julian Assange's conversations in the latter part of his 7-year stay at the Ecuadorian Embassy in London were systematically bugged, even in the toilet, a London court heard Wednesday. In wri...

CALGARY - Hundreds of Canadian employees of Royal Dutch Shell could be affected by its plan revealed Wednesday to cut between 7,000 and 9,000 jobs worldwide by the end of 2022. The company h...

SILVER SPRING, Md. - More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into fall. The National Association of Realtors said Wed...

WASHINGTON - The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will likely shrink this year, the f...

TORONTO - An Ontario court again extended an order suspending legal proceedings against three major tobacco companies on Tuesday as they continue work towards a settlement with their credito...

WASHINGTON - U.S. consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that were the norm before the pandemic struck. The Confer...

OTTAWA - The pace of Canada's economic rebound from the COVID-19 pandemic slowed in July, and maybe even more in August, Statistics Canada says, suggesting the country is in what experts described as ...