Tag Archives: business

FRANKFURT - The European Central Bank has handed out 1.31 trillion euros ($1.46 trillion) in long-term, ultra-cheap credit to hundreds of banks as part of its emergency support aimed at cushioning the...

OTTAWA - The federal deficit could be on track to hit $256 billion this fiscal year due to the COVID-19 pandemic, Parliament's budget watchdog says in a new estimate that doesn't account for ...

BERLIN - The Group of Seven leading economies is calling on China to reconsider plans to impose a national security law in Hong Kong, according to a joint statement issued Wednesday. The national secu...

LONDON - Some of London's biggest West End shows, including "Hamilton" and "The Phantom of the Opera," won't reopen until next year, producers announced Wednesday, as arts bodies warned that Britain f...

NEW YORK - Quaker Oats is retiring the 131-year-old Aunt Jemima brand, saying the company recognizes the character's origins are "based on a racial stereotype." Just hours later, the owner of the Uncl...

OTTAWA - The Canadian Association of Petroleum Producers says if bridge loans for smaller oil and gas companies aren't ready to flow soon some companies will have to turn to less-safe options to survi...

OTTAWA - As the country enters its 13th week since the COVID-19 pandemic clamped down hard on the Canadian economy, Prime Minister Justin Trudeau concedes it's time the country gets a better...

PHOENIX - When the coronavirus flared in China's capital this week, Beijing cancelled flights, suspended reopenings and described the situation as "extremely grave." But with cases rising in some U.S....

OTTAWA - Canada's new top central banker says the Bank of Canada has no intention to raise interest rates given the current economic circumstances created by the COVID-19 pandemic. Governor Tiff Mackl...

Saskatchewan is above the national average of 32 per cent when it comes to business owners being uncertain about whether they will be able to reopen or not. According to the Saskatoon Chamber of Comme...