Tag Archives: business

WASHINGTON - Sales of new homes rose a surprisingly strong 16.6% in May with the reopening of major parts of the country potentially fueling activity in the housing market. The Commerce Department rep...

BERLIN - The former CEO of German financial technology company Wirecard has been arrested on suspicion of misrepresenting the firm's finances in an accounting scandal that centres on a missing 1.9 bil...

OTTAWA - The federal government is helping finance an innovative, new agricultural production plant in Winnipeg that turns peas and canola into protein powders for the food industry. Merit Functi...

OTTAWA - Canada's employment minister says federal officials are looking for ways to fill gaps in a key, but decades-old, safety net for unemployed workers to catch those left out from upcoming change...

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...