Category Archives: Business
Rattled Democrats reckon with bruising results in VA, NJ
WASHINGTON (AP) — A bruising loss and an unexpectedly close call in two statewide elections sent Democrats scrambling for answers and calling for new strategies Wednesday, as they worked to unstick a stalled legislative agenda that has exposed deep
Bank of Canada plans to keep eye on climate change impact on inflation
OTTAWA — The Bank of Canada says it plans to more closely monitor how increasingly frequent and severe weather events could impact the prices consumers pay for goods as part of its mandate to keep inflation in check. The central bank's
Australia regulator demands face-scanning firm delete photos
An Australian privacy authority has ordered facial recognition company Clearview AI to stop scanning the faces of Australians and destroy the images and related data it has already collected.
Polish central bank raises interest rate as prices surge
WARSAW, Poland (AP) — Poland's central bank on Wednesday made its second interest rate hike in as many months as consumer prices surge.
Rogers urges CRTC to proceed with Shaw deal hearings amid calls for delay
OTTAWA — Rogers Communications Inc. is urging the federal telecommunications regulator to go ahead as scheduled with its hearings into the company's deal to buy Shaw Communications Inc. BCE Inc. Telus Corp., the Public Interest Advocacy Centre and the...
US puts new controls on Israeli spyware company NSO Group
RICHMOND, Va. (AP) — The Biden administration announced Wednesday it is putting new export limits on Israel's NSO Group, the world’s most infamous hacker-for-hire company, saying its tools have been used to “conduct transnational repression.”
South Korea and Hungary commit to carbon neutrality by 2050
BUDAPEST, Hungary (AP) — South Korean President Moon Jae-in met with Hungary's president Wednesday in Budapest, where the two leaders committed to achieving carbon neutrality in their countries by 2050.
Legault remains confident after voters in Maine say no to Hydro-Québec project
MONTREAL — Maine residents have voted No to having a Hydro-Québec transmission line pass through the state, but Quebec Premier François Legault said Wednesday he is still confident the utility's $10-billion export contract to Massachusetts will come to...
Treasury to trim debt auctions that accelerated in pandemic
WASHINGTON (AP) — The U.S. Treasury Department plans to start scaling back the size of some of its government debt auctions, a sign that the government's huge pandemic-driven borrowing needs are starting to ease.
German health minister seeks to step up booster shots
Germany's health minister called Wednesday for booster vaccinations to be stepped up and for more frequent checks of people's vaccination or test status as new COVID-19 infections increase.
