Category Archives: Economy
Polish central bank raises interest rate as prices surge
WARSAW, Poland (AP) — Poland's central bank on Wednesday made its second interest rate hike in as many months as consumer prices surge.
Rogers urges CRTC to proceed with Shaw deal hearings amid calls for delay
OTTAWA — Rogers Communications Inc. is urging the federal telecommunications regulator to go ahead as scheduled with its hearings into the company's deal to buy Shaw Communications Inc. BCE Inc. Telus Corp., the Public Interest Advocacy Centre and the...
US puts new controls on Israeli spyware company NSO Group
RICHMOND, Va. (AP) — The Biden administration announced Wednesday it is putting new export limits on Israel's NSO Group, the world’s most infamous hacker-for-hire company, saying its tools have been used to “conduct transnational repression.”
South Korea and Hungary commit to carbon neutrality by 2050
BUDAPEST, Hungary (AP) — South Korean President Moon Jae-in met with Hungary's president Wednesday in Budapest, where the two leaders committed to achieving carbon neutrality in their countries by 2050.
Legault remains confident after voters in Maine say no to Hydro-Québec project
MONTREAL — Maine residents have voted No to having a Hydro-Québec transmission line pass through the state, but Quebec Premier François Legault said Wednesday he is still confident the utility's $10-billion export contract to Massachusetts will come to...
Treasury to trim debt auctions that accelerated in pandemic
WASHINGTON (AP) — The U.S. Treasury Department plans to start scaling back the size of some of its government debt auctions, a sign that the government's huge pandemic-driven borrowing needs are starting to ease.
German health minister seeks to step up booster shots
Germany's health minister called Wednesday for booster vaccinations to be stepped up and for more frequent checks of people's vaccination or test status as new COVID-19 infections increase.
The Latest: Britain’s government: ‘end of coal is in sight’
The latest on U.N. climate summit COP26 in Glasgow: GLASGOW, Scotland — Britain’s government has claimed that the “end of
Cyprus holds rig security drills amid hydrocarbon tensions
NICOSIA, Cyprus (AP) — Ships and aircraft from eight nations took part on Wednesday in annual drills to boost safety and security procedures on vessels and oil rigs off Cyprus' southern coastline amid ongoing tensions with neighboring Turkey over compe...
Investors bet big on climate fight but motives questioned
GLASGOW, Scotland (AP) — Governments and big investors announced fresh plans Wednesday to pour trillions of dollars into curbing global warming, reflecting the financial world's growing embrace of efforts to fight climate change as both a business nece...
