Category Archives: Economy
Preliminary report finds complaints about Air Canada CEO speech founded: commissioner
GATINEAU, Que. — The Commissioner of Official Languages says a preliminary report into whether a speech by the chief executive of Air Canada in November met the airline's obligations under the Official Languages Act has established that the complaints ...
UK Treasury chief Sunak defends wife in tax controversy
LONDON (AP) — Britain’s Treasury chief has defended his wife’s decision to take advantage of rules that allow many foreigners to escape U.K. taxes on their overseas income, saying critics have launched a smear campaign against her to get at
Russia cuts interest rate as ruble settles despite sanctions
LONDON (AP) — Russia's central bank has managed to stabilize key aspects of the economy with severe controls, artificially propping up the ruble to allow it to rebound to levels seen before the invasion of Ukraine even as the West
Greece gets 3.6 billion euros from European recovery fund
ATHENS, Greece (AP) — Greece has received a 3.6 billion euro ($3.9 billion) payment out of its allotted 30.5 billion from the European Union’s pandemic recovery fund.
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
