Category Archives: Business
Feds launch tourism fund to help tourism businesses avoid spiral of debt, Joly says
OTTAWA — The federal government is offering easy financing for the country's beleaguered tourism operators, which the minister in charge says should help companies mired in debt. The sector has been among the hardest hit during the COVID-19 pandemic, a...
Curfews return in Spain as infections soar in young people
MADRID (AP) — Spanish regions are bringing back curfews as well as restrictions on socializing and nightlife to contain a sharp rise in coronavirus infections as the fast-spreading delta variant races through the country's unvaccinated young people. ...
Wildfires rage as US West grapples with heat wave, drought
Firefighters were working in extreme temperatures across the U.S. West and struggling to contain wildfires, the largest burning in California and Oregon, as another heat wave baked the region, straining power grids.
WHO: Rich countries should donate vaccines, not use boosters
LONDON (AP) — Top officials at the World Health Organization say there's not enough evidence to show that third doses of coronavirus vaccines are needed and appealed Monday for the scarce shots to be shared with poor countries who have
Ottawa adds national security risk assessments to federal research funding
OTTAWA — The federal government is setting new guidelines that work national security considerations into funding criteria for university research in a bid to shield intellectual property from foreign actors. Effective immediately, research projects mu...
Bank of Canada names Carolyn Rogers as new senior deputy governor
OTTAWA — Carolyn Rogers, a familiar regulatory face in Canada and abroad, is coming home later this year to become second-in-command at the Bank of Canada. Rogers has spent the past two years as secretary-general of an international regulatory body ove...
Biden backs Trump rejection of China’s South China Sea claim
WASHINGTON (AP) — The Biden administration on Sunday upheld a Trump-era rejection of nearly all of China's significant maritime claims in the South China Sea. The administration also warned China that any attack on the Philippines in the flashpoint reg...
WhatsApp faces EU consumer complaint over privacy update
LONDON (AP) — Facebook's WhatsApp faces a complaint from European Union consumer groups who say the chat service has been unfairly pressuring users to accept a new privacy update in what it calls a breach of the bloc's regulations.
EU puts digital levy plans on hold in face of US criticism
BRUSSELS (AP) — In a gesture of goodwill to the United States, the European Union on Monday put work on plans for a digital tax levy on hold for the moment to concentrate on finalizing the historic tax decision endorsed
Police investigate racist abuse of three England players
LONDON (AP) — British police opened investigations Monday into the racist abuse of three Black players who missed penalties in England's shootout loss to Italy in the European Championship final.
