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National Business
Sun Life strikes insurance sales partnership with Hong Kong-based Dah Sing Bank
TORONTO — Sun Life Financial Inc. says it has struck a 15-year deal to be to the exclusive provider of insurance products for Hong Kong-based Dah Sing Bank Ltd.
Jan 20, 2023 11:59 AM
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2022 was slowest year for US home sales in nearly a decade
LOS ANGELES (AP) — U.S. home sales tumbled to the slowest pace in nearly a decade as soaring mortgage rates and sky high prices in 2022 pushed homeownership out of reach for many Americans.
Jan 20, 2023 11:39 AM
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Canadian retail sales fell 0.1 per cent to $61.8 billion in November
Canadian retail sales edged down in November amid a broad consumer spending pull back as the rising cost of living continued to erode purchasing power. Statistics Canada said Friday retail sales dropped 0.1 per cent to $61.8 billion in November.
Jan 20, 2023 9:49 AM
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Romanian judge grants 30-day extension of Tate detention
BUCHAREST, Romania (AP) — A judge in Romania has granted a request to extend by another 30 days the arrest of Andrew Tate, the social media personality who was detained in the country on charges of being part of an organized crime group, human traffi
Jan 20, 2023 9:16 AM
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Cannabis company Hexo regains compliance with Nasdaq's minimum bid price requirement
GATINEAU, Que. — Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.
Jan 20, 2023 8:45 AM
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Macron to hike military funds amid Ukraine war, new threats
PARIS (AP) — French President Emmanuel Macron on Friday proposed to boost defense spending by more than a third through 2030 and to “transform" France's nuclear-armed military, to better face evolving threats and take into account the impact of Russi
Jan 20, 2023 8:38 AM
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Google axing 12,000 jobs, as tech industry layoffs widen
LONDON (AP) — Google is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
Jan 20, 2023 6:33 AM
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Number of commercial pilot licences issued in Canada has collapsed since 2019
The number of commercial pilot licences issued in Canada has declined by more than 80 per cent since 2019, even as aviation experts warn of an ever-growing labour shortage that threatens to disrupt Canada's airline industry.
Jan 20, 2023 4:00 AM
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BoC expected to deliver eighth consecutive rate hike, but it's probably the last one
OTTAWA — Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening.
Jan 20, 2023 4:00 AM
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Asian markets rise after Wall St losses amid recession fears
BEIJING (AP) — Asian stock markets rose Friday after Wall Street losses deepened as worries grow that the U.S. economy is headed for recession. Shanghai, Tokyo and Hong Kong advanced. Seoul declined. Oil prices gained.
Jan 19, 2023 10:57 PM
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