Tag Archives: business

OTTAWA - Parliament's spending watchdog says the estimated deficit for the year has likely risen to about $260 billion, leaving the government with little fiscal firepower to stimulate an economic reb...

BALTIMORE - U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of potential buyers. The Commerce Department reported Tuesday...

NEW YORK - Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as...

LONDON - Dominic Cummings helped Boris Johnson win power by pitting the people against the elite. Johnson's Conservative administration has branded itself "the People's Government." The prime minister...

HONG KONG - Casino tycoon Stanley Ho, whose business empire dominated the Portuguese gambling enclave of Macao for decades, died Tuesday in Hong Kong at age 98. Considered the father of modern gamblin...

BANGKOK - Latam Airlines, South America's biggest carrier, sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic. The Chapter...

KARLSRUHE, Germany - A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing - but consumers must accept the cur...

OTTAWA - The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings tha...

MONTREAL - Cirque du soleil founder Guy Laliberte says he wants to buy back the internationally celebrated circus company he created more than 35 years ago. Laliberte, who sold his remaining shares in...

LONDON - British leader Boris Johnson's powerful chief aide insisted Monday that he wouldn't resign for driving the length of England while the country was under strict lockdown - a trip he made witho...