Category Archives: Economy

A list of Canadian companies cutting ties with Russia over invasion of Ukraine

A number of Canadian companies have suspended or moved to withdrawal from Russia following its unprovoked invasion of Ukraine. Here is a partial list of those firms: Alberta Investment Management Corp. — Alberta investment manager says it will divest a...

EU regulator starts reviewing Spanish COVID vaccine booster

MADRID (AP) — The European Union's drug regulator said Tuesday it has begun an accelerated review process for an experimental coronavirus vaccine booster made by the Spanish company Hipra.

EXPLAINER: What would paying for natural gas in rubles mean?

BERLIN (AP) — Europe's already high gas prices have gyrated since Russian President Vladimir Putin announced plans to have importers pay for Russian natural gas in rubles instead of dollars and euros.

Nova Scotia tables deficit budget with major health-care spending boost for 2022-23

HALIFAX — Nova Scotia’s Progressive Conservative government is forecasting a $506.2-million deficit in its first budget as it focuses on an election campaign pledge to spend heavily on the province's ailing health system. The $13.2-billion budget for t...

After Russian forces pull back, a shattered town breathes

TROSTYANETS, Ukraine (AP) — The bodies of two Russian soldiers lie abandoned in the woods. Ukrainian forces piled atop a tank flash victory signs. Dazed people line up amid charred buildings to reach for aid. These are the sights in

UK police issue 20 fines over ‘partygate’ virus scandal

LONDON (AP) — British police have issued 20 fines over illegal parties held by Prime Minister Boris Johnson and his staff during coronavirus lockdowns — though the recipients don't yet include Johnson, whose hold on power has been threatened by

Live updates: Ukraine leader skeptical of Russian scale back

Ukrainian President Volodymyr Zelenskyy expressed skepticism Tuesday night about Russia’s announcement that it would significantly scale back military operations near Ukraine’s capital and a northern city.

India plans Sri Lanka power project after China’s is shelved

COLOMBO, Sri Lanka (AP) — India signed an agreement to set up hybrid power projects on northern Sri Lankan islands Tuesday in a deal seen as a strategic victory in its competition with China for influence in the Indian Ocean.

Shanghai lockdown tests ‘zero-COVID’ limits, shakes markets

BEIJING (AP) — Chinese authorities sought to reassure companies and jittery investors on Tuesday as a two-phase lockdown of Shanghai’s 26 million people entered its second day, casting an unusual quiet over the normally bustling center of finance, manu...

Ukraine’s other fight: Growing food for itself and the world

HORDYNIA, Ukraine (AP) — Planting season has arrived in Ukraine. Boot marks stamped in the frozen earth have thawed. But the Pavlovych family's fields remain untouched in a lonely landscape of checkpoints and churches.

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