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business
German economist panel cuts 2021 growth outlook to 3.1%
BERLIN - The German economy - Europe's biggest - will grow by 3.1% this year, the government's panel of independent economic advisers forecast on Wednesday, cutting its previous prediction somewhat. T...
The Canadian Press
Mar 17, 2021
EU sets out virus pass plan to allow free travel by summer
BRUSSELS - With summer looming and tourism-reliant countries anxiously waiting for the return of a steady influx of visitors amid the coronavirus pandemic, the European Union's executive body presente...
The Canadian Press
Mar 17, 2021
Officials had a 'flagrant' disregard for Meng's rights, her lawyers tell court
VANCOUVER - Canadian and U.S. officials involved in the arrest of Huawei executive Meng Wanzhou failed, "at times miserably," in their duties to act honourably and with regard for her rights, one of h...
The Canadian Press
Mar 17, 2021
Uber to give UK drivers minimum wage, pension, holiday pay
LONDON - Uber is giving its U.K. drivers the minimum wage, pensions and holiday pay, following a recent court ruling that said they should be classified as workers and entitled to such benefits. The r...
The Canadian Press
Mar 16, 2021
Florida teen sentenced in hack of celebrity Twitter accounts
TAMPA, Fla. - A Florida teenager was sentenced Tuesday to three years in prison for his role in hacking the Twitter accounts of prominent politicians, celebrities and technology moguls and scamming pe...
The Canadian Press
Mar 16, 2021
Nokia to cut up to 10,000 jobs to ramp up R&D in 5G race
HELSINKI - Wireless network maker Nokia says it is planning to cut up to 10,000 jobs, or over 10% of its staff, to reduce costs as it invests in research and development and tries to cement its role a...
The Canadian Press
Mar 16, 2021
NatWest unit faces criminal charge in money laundering case
LONDON - National Westminster Bank has been charged with violating money laundering laws in relation to 365 million pounds ($505 million) deposited into a single customer's accounts over a period of f...
The Canadian Press
Mar 16, 2021
U.S. courts would take 'many years' to resolve Line 5 dispute with Michigan: Enbridge
WASHINGTON - Courts in the United States would take "many, many years" to resolve the battle between Canada and Michigan over Line 5, the pipeline's operator told MPs Tuesday as he pleaded for a negot...
The Canadian Press
Mar 16, 2021
New report details skilled trades earning, difference between men and women
OTTAWA - A new report finds that women in the skilled trades earn about half what men do, because they're concentrated in lower-paying fields. The report from the Labour Market Information Council loo...
The Canadian Press
Mar 16, 2021
Quebec, federal governments invest $100 million in Lion Electric battery plant
MONTREAL - A Montreal-area electric vehicle maker says the $100-million investment from Ottawa and Quebec announced Monday for a battery pack assembly plant will help make its fleet less expensive. Li...
The Canadian Press
Mar 15, 2021
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