BRUSSELS (AP) — Ukrainian President Volodymyr Zelenskyy was wrapping up a whirlwind tour of his major European backers on Thursday, seeking assurances that Ukraine could one day become part of the European Union.
OTTAWA - A new report by the non-profit organization Canadians for Tax Fairness says Canada should institute a windfall tax on all large corporations to help recover some of the public funds awarded to businesses during the pandemic.
CALGARY - By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling itself with expensive stranded assets, a new report argues.
THE HAGUE, Netherlands (AP) — An international team of investigators said Wednesday it found “strong indications” that Russian President Vladimir Putin approved the supply of heavy anti-aircraft weapons to Ukrainian separatists who shot down Malaysia Airlines Flight 17 in 2014 with a Russian…
TORONTO - Indigo Books & Music Inc. says it is dealing with what it calls a "cybersecurity incident" that has affected online customer orders.
LOS ANGELES (AP) — The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger.
EAST PALESTINE, Ohio (AP) — Evacuated residents can return to the Ohio village where crews burned toxic chemicals after a train derailed five days ago near the Pennsylvania state line now that monitors show no dangerous levels in the air, authorities said Wednesday.
TORONTO - Freshii Inc. says its shareholders have approved the sale of the healthy fast-food chain to Montreal-based Foodtastic Inc.
TORONTO - Sun Life Financial Inc. says its net income in the fourth quarter of 2022 was $951 million, down 12 per cent from a year earlier.
OTTAWA - The Canadian Ombudsperson for Responsible Enterprise says Canadian clothing companies have limited awareness about whether child labour could be being used in their global supply chains.
PARIS (AP) — Ukrainian President Volodymyr Zelenskyy sought Western support for his country in surprise visits to Britain and France on Wednesday, pushing for fighter jets to battle Russian invaders in a dramatic speech to the U.K. Parliament, and then flying to Paris to meet the French and …
Netflix has a plan to deal with rampant account sharing: a program that lets subscribers pay extra to share their account with people outside their household.
OTTAWA - The Bank of Canada contemplated not raising interest rates last month but with the economy outperforming expectations, its governing council ultimately decided in favour of one more rate hike before taking a pause.
TORONTO - Losses in tech, utilities and industrials weighed down gains in some of the other sectors on Canada's main stock index Wednesday, while U.S. markets were also down, dragged lower by the tech sector as shares in Google's parent company took a dive.
TORONTO - Best friends, siblings and cousins across Canada may soon find themselves locked out of a shared Netflix account as the streaming giant begins cracking down on password sharing.
NEW YORK (AP) — Wall Street gave back some of its recent gains as uncertainty about interest rates and inflation continued to reign. The S&P 500 fell 1.1% Wednesday, the Nasdaq fell 1.7% and the Dow Jones Industrial Average gave back 0.6%. The losses followed another mixed set of earning…
OTTAWA - In a first for the Bank of Canada, it has released a summary of deliberations by its governing council regarding its policy decision to raise its key interest rate target by a quarter of a percentage point to 4.5 per cent in January.
MILAN (AP) — The only Black designer belonging to Italy’s fashion chamber withdrew Wednesday from this month’s Milan Fashion Week, alleging a lack of support for diversity and inclusion after the chamber “abandoned” a project to promote young designers of color working in Italy.
TORONTO - Protracted labour shortages in Canada could fuel more rapid wage growth and inflation over time, potentially prompting the need for higher interest rates long-term, a new RBC Economics report released Wednesday said.
PARIS (AP) — France's TotalEnergies SE doubled its profits in 2022, joining other international oil and gas companies in fattening their bottom lines as high energy prices surged after Russia’s invasion of Ukraine.
TORONTO - Urgency was the key word at an electric vehicle conference Wednesday as manufacturers emphasized the need for more coordination and government support in order to take advantage of the tectonic shift underfoot in the automotive industry.
TORONTO - The parent company of the master franchisee of Tim Hortons coffee shops in China says it has signed a deal for the exclusive development of Popeyes in mainland China and Macau.
TORONTO - Brookfield Asset Management Ltd. says its share of the latest quarterly profit of the asset management business it owns with Brookfield Corp. amounted to US$19 million.
TORONTO - Automakers have made high-profile price cuts for some of the most well-known electric cars this year, but experts say the overall sticker shock of buying vehicles will prove harder to remove.
LONDON (AP) — Microsoft’s stalled $68.7 billion deal to buy video game company Activision Blizzard has hit a fresh hurdle in the United Kingdom, where the antitrust watchdog said Wednesday that it will stifle competition and hurt gamers.
MONTREAL - Héroux-Devtek Inc. reported a profit of $1.8 million in its latest quarter, down from $6.5 million a year earlier as its sales climbed higher.
HONG KONG (AP) — Walt Disney Co. has removed an episode from cartoon series The Simpsons that included a reference to “forced labor camps” in China from its streaming service in Hong Kong.
OTTAWA - Inflation has eroded purchasing power for many Canadians, but the experience with rapidly rising prices has been far from uniform.
NEW YORK (AP) — A magazine and website that has served Bruce Springsteen's fans for 43 years is shutting down, with its publisher writing that he's been disillusioned by the debate over ticket prices for their hero's current tour.
VANCOUVER - West Fraser Timber Co. says it's curtailing operations at Cariboo Pulp & Paper in Quesnel, B.C., beginning in mid-April for one month and then for another month in the third quarter.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that if the U.S. job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects.
TORONTO - Canada's main stock index gained almost 100 points Tuesday as strong performance in the energy sector was dragged down by losses in telecom and utilities, while U.S. markets also rose.
TORONTO - While audiences rush back to theatres to catch "Avatar: The Way of Water" on pricey Imax screens, the head of Cineplex Inc. says he's open to "experiments" with cheaper tickets for some movies if they might lure back people who are staying home.
OTTAWA - Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is overheated.
MONTREAL - The Quebec Professional Association of Real Estate Brokers says Montreal's January home sales fell to a level not seen since 2009 as the market slowdown continued.
NEW YORK (AP) — Stocks closed higher on Wall Street after the head of the Federal Reserve signaled last week’s stunningly strong jobs report isn’t likely to change where interest rates are heading on its own, as some investors had feared. The S&P 500 rose 1.3% Tuesday. The Nasdaq added 1…
TORONTO - Toy maker Spin Master Corp. recorded a drop in revenue in its latest quarter after stores ordered inventory early to avoid supply shortages and high inflation took a toll on demand later in the year.
ORLANDO, Fla. (AP) — Disney’s government in Florida has been the envy of any private business, with its unprecedented powers in deciding what to build and how to build it at the Walt Disney World Resort, issuing bonds and holding the ability to build its own nuclear plant if it wanted.
The Office of the Superintendent of Bankruptcy said Tuesday that the number of insolvencies filed by Canadian companies in 2022 was up 37.2 per cent compared with 2021 — and at least one business organization predicts that figure will keep growing.
CALGARY - The union representing WestJet pilots says contract negotiations with the airline have been unproductive and federal conciliation may be needed to avert a strike.
OTTAWA - One-third of Canadian households say their financial situation has worsened over the last year, with families in lower income brackets more likely to report being worse off, a new poll suggests.
KYIV, Ukraine (AP) — Germany, Denmark and the Netherlands announced Tuesday that they plan to provide Ukraine with at least 100 refurbished Leopard 1 battle tanks, a pledge that comes as Kyiv anticipates a new Russian offensive around the anniversary of its invasion.
LONDON (AP) — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine.
NEW YORK (AP) — At age 88, Ralph Nader believes his neighbors in northwest Connecticut are tired of electronics and miss the feel of holding a newspaper to read about their town.
Luxury outerwear maker Canada Goose Holdings Inc. has charted a new five-year growth path it says could nearly triple its annual revenue by 2028.
OTTAWA - Canada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November, Statistics Canada said Tuesday.
Kelowna Car & Bike Show on May 29, 2022. This was a well attended event at Rutland Lion’s Park. Join artist Terry Leonard as he searches for new subjects. This is part 3 of his Triple A Car Show and Brewery Tour 2022 https://www.wheelsinart.com/triple-a-car-show-brewey-2022-tour-calendar/
Considered by many to be the kickoff to summer, the 23rd Annual World of Wheels attracted up to 15,000 people to Peachland Sunday, with smiling crowds eager to get out in the sunshine and take in the 500 classic vehicles that lined Beach Avenue and filled Heritage and Cousins Parks.