Category Archives: Economy

CIBC hires former Liberal innovation minister Navdeep Bains

TORONTO — CIBC has hired former Liberal cabinet minister Navdeep Bains as vice-chair, global investment banking. Bains stepped down as innovation minister in January and did not run in the recent federal election. He officially joins the bank Oct. 4. C...

UK’s Johnson finally agrees to meet COVID-bereaved group

LONDON (AP) — British Prime Minister Boris Johnson will on Tuesday finally meet with members of the COVID-19 Bereaved Families for Justice campaigning group, who for more than a year have sharply criticized his handling of the coronavirus pandemic.

UK gas stations run dry as trucker shortage sparks hoarding

LONDON (AP) — Thousands of British gas stations ran dry Sunday, an industry group said, as motorists scrambled to fill up amid a supply disruption due to a shortage of truck drivers.

The Latest: New Zealand to allow home isolation to travelers

WELLINGTON, New Zealand — New Zealand's prime minister says the government will start a pilot program of home-isolation for overseas travelers, ahead of what she expects to be increasing vaccination levels.

Rowdy celebrations erupt in Norway as COVID restrictions end

HELSINKI (AP) — Police in Norway on Sunday reported dozens of disturbances and violent clashes including mass brawls in the Nordic country’s big cities after streets, bars, restaurants and nightclubs were filled with people celebrating the end of COVID...

What’s the price of Biden’s plan? Democrats drive for zero

WASHINGTON (AP) — What will it cost to enact President Joe Biden’s massive expansion of social programs? Congress has authorized

So close! Iceland almost gets female-majority parliament

REYKJAVIK, Iceland (AP) — Iceland briefly celebrated electing a female-majority parliament Sunday, before a recount produced a result just short of that landmark for gender parity in the North Atlantic island nation.

The Latest: Social Democrats beat Merkel bloc in German vote

The latest on Germany's general election on Sunday: The center-left Social Democrats have won the biggest share of the vote in

Denied cross-border shoppers, some U.S. companies opt to export to Canada instead

WASHINGTON — In the before times, Katie McCarron could count on her best Canadian customers to make the trip to her store in Portland, Oregon, to stock up on their favourite high-quality, human-grade pet food.  COVID-19 had other plans. Soon enough,

Turkey could buy more Russian missiles despite US warnings

ISTANBUL (AP) — Turkey’s president has said he would consider buying a second Russian missile system in defiance of strong objections by the United States.