Business

New virus could disrupt global economy as markets, consumers change behaviour

MONTREAL — A deadly new virus that emerged in China is raising…

Cannabis price gap increases, as illegal cannabis prices fall: StatCan

The gap between what Canadians pay for legal and illicit cannabis is…

Sunrise Records owner to buy U.S. retailer For Your Entertainment for US$10 million

TORONTO — Canadian retail chain Sunrise Records is branching out into the…

New virus could trigger travel sector woes akin to damage from SARS in 2003

MONTREAL — A deadly new virus that emerged in China is raising…

Switzerland mints world’s smallest gold coin

BERLIN — No joke: Switzerland has minted a gold coin so small…

  • Jan 23, 2020

Air Canada, WestJet scrub Boeing 737 Max from schedules until June

MONTREAL — Canada’s two biggest airlines pushed back the return of the…

Trump administration to approve Keystone pipeline on U.S. land

BILLINGS, Mont. — The Trump administration on Wednesday will approve a right-of-way…

Scotiabank chief economist doubtful on recession, expects interest rate cut

TORONTO — The Bank of Nova Scotia’s senior vice president and chief…

Rogers chief executive warns Ottawa against making negative regulatory changes

TORONTO — Rogers Communications Inc. plans to spend nearly $3 billion on…

Selling aviation makes sense for Bombardier, says industry analyst

TORONTO — Despite potential political opposition, it would make more sense for…

Starbucks goals for sustainability will require significant consumer buy-in

Starbucks has an ambitious plan to reduce its environmental footprint, albeit one…

Boeing’s new CEO sees 737 Max production resuming in spring

Boeing’s new CEO said Wednesday that production of the 737 Max will…

Greeting card retailers Carlton Cards and Papyrus closing 79 stores in Canada

TORONTO — Greeting card retailers Carlton Cards and Papyrus are closing their…

Volkswagen ordered to pay $196.5M in emissions scandal

TORONTO — Volkswagen was ordered Wednesday to pay $196.5 million to the…

Starbucks aims to become resource-positive company, but lacks target date

An ambitious goal for Starbucks to become a resource-positive company depends on…

  • Jan 22, 2020

Annual pace of inflation held steady at 2.2 per cent in December, gas prices up

OTTAWA — Statistics Canada says the annual pace of inflation held steady…

Air bag woes force Honda, Toyota to recall 6M vehicles including Canada and the U.S.

DETROIT — Two different air bag glitches have forced Toyota and Honda…

  • Jan 21, 2020

California considers declaring common pain killer carcinogen

SACRAMENTO, Calif. — A fight is coming to California over whether to…

Allegations bite into business of ‘Africa’s richest woman’

LISBON, Portugal — Portuguese bank EuroBic said it will stop doing business…