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Business News
Norway wealth fund sells shares in Israel's Bezeq over telecom services to Israeli settlements
Norway's sovereign wealth fund, the world's largest, has sold all of its shares in Israel's Bezeq, which provides telecommunications services to Israeli settlements in the occupied West Bank.
Taiwanese firm halts plan to build $1B battery plant in B.C. with federal support
E-One Moli says it is focusing on Taiwanese production before any expansion abroad.
T&T, Canada's largest Asian grocery store chain, is coming to the U.S.
Canada's biggest Asian grocery chain is expanding into the U.S., hoping to bring its patented array of food, skin care and more to a new market.
‘Serial disappointment’: Canada's labour productivity falls for third quarter in a row
Alberta chases $100 billion AI data centre opportunity
Dollarama aiming to expand to 2,200 Canadian stores by 2034
A new Dollarama distribution centre and a lot more of the chain's stores are headed for Canada over the next decade.
UnitedHealthcare CEO shot dead in New York by attacker who waited for him, police say
Police are still searching for the gunman who killed the head of a major American health insurance company in New York on Wednesday in what the city's top officer described as a "brazen targeted attack."
Air Canada's cheapest tickets on some routes will no longer include carry-on baggage
Months after WestJet added a controversial ultrabasic ticket that didn’t allow travellers to bring a carry-on bag, Air Canada is following suit by stripping carry-on baggage from its cheapest tickets on some routes.
'We're in a recession,' says former Bank of Canada governor Stephen Poloz
Posthaste: ‘Junk fees’ are hurting Canadians’ well-being, survey finds
National Bank narrowly beats expectations, expects CWB acquisition to drive growth
Losses in China lead to $5B charge for General Motors as it cuts the value of its assets
The poor performance of the Detroit automaker's Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than $5 billion USD in the fourth quarter of this year.
RBC chief Dave McKay 'cautiously optimistic' Canada can dodge tariff trouble
Cargill plans to slash roughly 8,000 jobs globally
The company, which operates in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec and Ontario, plans to cut five per cent of its global workforce.
Posthaste: Natural disasters are costing Canada more than we think, analysts warn
Scotiabank CEO confident lender will hit earnings goals despite uncertainty
Musk's $56B Tesla compensation is rejected by judge, again
A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion US compensation package despite shareholders of the electric vehicle company voting in June to reinstate it.
Rogers CEO in hot seat as MPs grill him over contracts customers call unfair and misleading
Rogers Communications CEO Tony Staffieri was summoned to appear before a parliamentary committee to defend contracts with clauses that allow monthly prices to increase while customers are locked in.
Still no deal between Canada Post and its striking staff
Negotiations between Canada Post and the union for postal workers are still on hold as of Monday afternoon, though both sides have said they're working to get back to the table.