Category Archives: Business
Sri Lanka business leaders demand end to political impasse
COLOMBO, Sri Lanka (AP) — Sri Lankan business leaders on Friday called for an end to political instability amid public demands for the president to resign over alleged economic mismanagement, warning that failure to do so would lead to economic
Japan to expel 8 Russian officials, impose new sanctions
TOKYO (AP) — Japan announced Friday it is expelling eight Russian diplomats and trade officials and will phase out imports of Russian coal and oil, with Prime Minister Fumio Kishida saying Moscow must be held accountable for “war crimes” in
Sixth wave prompts renewed labour crunch in restaurants, retail and food processing
After two years of on-and-off lockdowns, Rachel Reinders felt a renewed sense of hope last month as pandemic restrictions eased and spring dawned on the cusp of a new patio season. But Reinders, who heads administration at the Lieutenant's Pump pub
Jobless rate falls to record low as economy adds 72,500 jobs in March, StatCan says
OTTAWA — Canada's unemployment rate dropped to a record low last month as more people jumped into a hot labour market — and economists say the jobless rate could yet fall even lower. The March unemployment rate registered at 5.3 per
Live Updates | Zelenskyy: Train station strike was war crime
WASHINGTON — Ukrainian President Volodymyr Zelenskyy said his country’s security service has intercepted communications of Russian troops that provide evidence of war crimes. “There are soldiers talking
North demolishing hotel that was symbol of Korean engagement
SEOUL, South Korea (AP) — North Korea is demolishing a South Korean-owned hotel at a North Korean resort that was one of the last symbols of inter-Korean engagement, according to Seoul officials who called for the North to stop the
Biden bets strong job market will shield economy from slump
WASHINGTON (AP) — The U.S. economy faces plenty of threats: War in Ukraine, high grocery bills, spiking gasoline prices, splintered supply chains, the lingering pandemic and rising interest rates that slow growth.
Medicare weighs premium cut after limiting Alzheimer’s drug
WASHINGTON (AP) — Medicare said Thursday it's considering a cut in enrollee premiums, after officials stuck with an earlier decision to sharply limit coverage for a pricey new Alzheimer's drug projected to drive up program costs.
Budget 2022: Feds create new tax-free account for first-time homebuyers
OTTAWA — Canadians looking to save a down payment to buy their first home will have a new tax-free savings account to use starting next year. The federal government announced the Tax-Free First Home Savings Account (FHSA) in the budget Thursday
Budget 2022: Ottawa raising taxes on big banks and life insurance companies
Ottawa is raising taxes on Canada’s big banks and life insurance companies. The government says the country’s major financial institutions made significant profits during the pandemic and have recovered faster than other parts of the economy — in part...
