Tag Archives: business

Airlines faced a tough reception at the House of Commons health committee Monday as MPs grilled them on the lack of refunds for customers whose flights were cancelled due to the COVID-19 pandemic...

OTTAWA - The COVID-19 pandemic will leave some long-term economic damage that will only become clearer as the country moves further along a "prolonged and bumpy" course to recovery, Canada's top ...

OTTAWA - Prime Minister Justin Trudeau says Chinese officials made clear in the days following the arrests of Michael Kovrig and Michael Spavor that their imprisonments were linked with...

WASHINGTON - Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market. The Nati...

BEIJING - China told Prime Minister Justin Trudeau on Monday to "stop making irresponsible remarks" after he said Beijing's decision to charge two Canadians with spying was linked to his country's arr...

BERLIN - German payment service provider Wirecard said Monday it has concluded that 1.9 billion euros ($2.1 billion) which were supposed to be held in two accounts probably don't exist, deepening trou...

SAN FRANCISCO - A federal judge on Friday said he was approving a $58 billion plan by the nation's largest utility to end a contentious bankruptcy saga that began after Pacific Gas & Electric's ou...

FRANKFURT - The chief executive of German payment service provider Wirecard AG resigned on Friday after the company disclosed that auditors could not find 1.9 billion euros ($2.1 billion) in cash, add...

Apple's Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like ma...

QUEBEC - Three months after projecting a surplus of nearly $3 billion, Quebec's finance minister announced Friday that the COVID-19 pandemic will blow through Quebec's financial reserves and...