Tag Archives: business

OTTAWA - The auditor general's office is narrowing its focus for a review of billions in federal spending meant to cushion the economic blow from COVID-19, MPs were told Tuesday. Karen Hogan...

TORONTO - Facebook will pay $9.5 million to settle a Competition Bureau investigation which found that the social media company made false or misleading claims about how much control Ca...

The COVID-19 pandemic maintained a grip on much of Canada on Tuesday even as at least three provinces stepped up their efforts to resume the trappings of life prior to the outbreak. Efforts to reopen ...

Businesses in some provinces spent the long weekend preparing to reopen ahead of an easing of restrictions aimed at curbing the COVID-19 pandemic, even as others said they're not y...

GENEVA - The World Health Organization bowed to calls Monday from most of its member states to launch an independent probe into how it managed the international response to the coronavirus, which has ...

WASHINGTON - Federal Reserve Chair Jerome Powell expressed optimism Sunday that the U.S. economy can begin to recover from a devastating recession in the second half of the year, assuming the coronavi...

WASHINGTON - The Federal Reserve said Friday that Wall Street remains vulnerable to another shock if the global pandemic takes an "unexpected course" putting renewed strains on the economy and the cou...

OTTAWA - A federal wage subsidy for employees in businesses hit hard by COVID-19 will last at least through the summer and the federal government is asking companies to rehire laid off staff - many of...

WASHINGTON - American industry suffered the most severe plunge on record last month with factories, mines and utilities battered by the coronavirus pandemic. The Federal Reserve said Friday that its i...

BERLIN - The German economy shrank by 2.2% in the first quarter compared with the previous three-month period as shutdowns in the country and beyond started to bite, official data showed Friday. The f...