Category Archives: Business
US hits Iran with sanctions ahead of key nuke talks meeting
WASHINGTON (AP) — The United States on Friday hit Iran with a fresh set of sanctions as President Joe Biden prepares for a key weekend meeting with European leaders to discuss the possible resumption of nuclear talks with the Islamic
Federal deficit hits $57 billion nearing halfway of fiscal year
OTTAWA — The federal government ran a deficit of more than $57 billion over the first five months of its fiscal year, about $114 billion less than the treasury pumped out during the same stretch one year earlier. The Finance Department's
Dorel to pay tax charge after Luxembourg Administrative Court ruling
MONTREAL — Dorel Industries Inc. says the Luxembourg Administrative Court has confirmed a tribunal ruling that one of Dorel’s subsidiaries owes US$64.2 million in tax. As a result, the company says it must pay a one-time remaining cash balance of US$45...
California oil spill: Surfing, swimming OK but fishing out
NEWPORT BEACH, Calif. (AP) — Four weeks after an oil spill washed blobs of crude onto Southern California's coast, surfers have returned to the waves and people play in the surf.
Dutch watchdog slams tax office fraud list as privacy breach
THE HAGUE, Netherlands (AP) — A Dutch data protection watchdog issued a damning report Friday about the country's tax office, saying it breached privacy law for years by keeping a list of potential fraudsters.
UK leader seeks to calm tensions in fishing spat with France
LONDON (AP) — Prime Minister Boris Johnson sought to calm stormy waters over fishing with France on Friday as he flew to Rome for a G-20 summit, where he is due to meet French President Emmanuel Macron.
The Latest: France, India agree to boost Indo-Pacific ties
ROME (AP) — The Latest on the Group of 20 summit taking place in Rome: ROME — French President Emmanuel Macron
G20 leaders to confront energy prices, other economic woes
ROME (AP) — Leaders of the Group of 20 countries gathering for their first in-person summit since the pandemic took hold will confront a global recovery hampered by a series of stumbling blocks: an energy crunch spurring higher fuel and
Economy looks to have posted weak rebound in Q3 with global headwinds set to worsen
OTTAWA — The Canadian economy appears to have rebounded in the third quarter after it stumbled and contracted during the preceding three-month stretch.. Statistics Canada's initial estimate suggests the economy grew at an annual rate of 1.9 per cent in...
US to deepen relations with Taiwan in face of China tensions
TAIPEI, Taiwan (AP) — The U.S. wants to deepen its relationship with Taiwan, the self-ruled island that has become a major point of conflict in the strained U.S.-China relationship, and will work to counter Beijing's “malign” influence, a U.S. diplomat...
