Business groups are sounding the alarm with the nationwide Canada Post strike midway through its third week. The Canadian Federation of Independent Business (CFIB) says small- and medium-sized businesses will be on the hook for $1 billion in losses by Wednesday. Kyle Benning reports.
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Oil refiners in India are reaching for all available options in the rush to make up for Russian flows hit by Washington’s latest round of sanctions, turning to the spot market while simultaneously seeking more long-term supplies from Middle Eastern producers.State-owned processors have issued a slew of spot tenders in recent weeks, snapping up
Tesla did not provide a reason for the price increase. The company does not produce cars in Canada and imports from other factories. It was not immediately clear how many cars Tesla exports to Canada from its Shanghai, China factory and its plants in the United States.
In December, Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.
Not unless you find a few million dollars in the couch cushions.
Tencent Holdings-owned WeChat, the super app known as Weixin in China, is burnishing its e-commerce credentials on the mainland, thanks to a gift-giving feature that has boosted sales for online retailers on the platform, according to local media reports and industry analysts. Chinese live-streaming e-commerce firm East Buy saw sales at its online store on WeChat cross the 1 million yuan (US$136,586) mark on Monday, with more than 80 per cent of transactions made through the app's gift-giving fe
A Starbucks employee said the chain held training on how to handle customers asking to use the restroom or sit in the store without purchasing anything.
As global markets respond to easing inflation and strong bank earnings, major indices have rebounded, with value stocks notably outperforming growth shares. This environment presents opportunities for investors to explore stocks that may be trading below their estimated fair value, particularly as sectors like energy and financials show resilience. Identifying undervalued stocks involves assessing companies whose market prices do not fully reflect their intrinsic worth, making them potential...
In the world of oil pipelines, there's political rhetoric and then there's the reality of dollars and cents.Provincial premiers may be talking about reviving the proposed Energy East pipeline from Alberta to New Brunswick, but so far, no private company is pitching it.It's unlikely one will."I think it's going to be daunting for any [corporate] board in Canada, given the experience of the last 10 to 15 years, to really take the risk — what I would call the political and regulatory risk," said De
Warren Buffett, the legendary investor known as the "Oracle of Omaha," continues to make waves in the financial world even as he approaches his mid-90s. His company, Berkshire Hathaway, has been a...
Three of China's biggest car companies and an industry body are suing the European Commission over its tariffs on electric vehicle imports. Filings lodged at the General Court in Luxembourg, the European Union's second highest court, show BYD, Geely and SAIC have all launched cases against the anti-subsidy duties imposed on Chinese-made EVs last year. Few details have been made public, but it is understood that the companies are ready to challenge the assertion that certain funds constitute subs
As Washington steels itself for a battle with China over critical minerals and Brussels struggles to beat back a flood of Chinese electric vehicles, Saudi Arabia has offered to help Beijing ride out its growing trade disputes. Bandar Alkhorayef, Saudi minister of industry and mineral resources, said his country welcomed Chinese products and investments - and urged Chinese investors "not to miss the opportunities" to access the largest economy in the Middle East. "We would like to see investments
Hangzhou-based DeepSeek has released several open-source AI models that match OpenAI's performance—with more efficiency and at lower cost.
CALGARY — A Calgary-based machine shop has been ordered by Alberta's top court to pay a six-figure fine after one of its workers died on the job in 2019.
India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show. The National Human Rights Commission (NHRC) in June ordered federal and Tamil Nadu state officials to probe Foxconn's hiring practices, after a Reuters investigation found the manufacturer excluded married women from iPhone assembly jobs at its southern India plant.
The Newfoundland and Labrador government is asking a judge to put a lawsuit alleging "malicious prosecution" and a "negligent" criminal investigation on hold — at least for now.Last year, after his acquittal on charges of sexual assault and sexual interference, Conception Bay South lawyer Robert Regular filed the civil suit, which seeks a long list of damages.The defendants include the police officer who led the investigation into him, the Crown prosecutors who handled his case, the Royal Newfou
Only 1% of those who do stay get promoted within three years, finds ADP.
Depending on sector, emphasis on punctuality has waned as remote work has thrived.
U.S. President Donald Trump's rollback of electric vehicle targets may temporarily slow demand for lithium and other critical minerals, but is unlikely to hamper the mining industry amid surging global EV demand, analysts and industry leaders said. Trump on Tuesday revoked predecessor Joe Biden's 2021 executive order that sought to ensure half of all new vehicles sold in the U.S. by 2030 are electric. Automakers had been positioning for a jump in EV demand due largely to that Biden move.
If you've spent years saving for retirement, you probably have no plans to go through all your savings. But unfortunately, it can happen if you're not careful. For You: 4 Things You'll Be Happy You...
In a lawsuit filed in California last month, the former legal consultant claims the company fired him for not returning to the office, disregarding his disability.
