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National Business
National Business
Irish company planning to produce jet fuel in Goldboro, N.S., at former LNG site
HALIFAX โ An energy firm based in Ireland is planning build a plant in eastern Nova Scotia to produce sustainable aviation fuel using about 700,000 tonnes of wood biomass annually.
Sep 13, 2024 1:38 PM
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Roots sees room for expansion in activewear, reports $5.2M Q2 loss and sales drop
TORONTO โ Roots Corp. may have built its brand on all things comfy and cosy, but its CEO says activewear is now "really becoming a core part" of the brand.
Sep 13, 2024 12:12 PM
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Russian central bank hikes rates to fight inflation fuelled by military spending
MOSCOW (AP) โ Russia's central bank hiked interest rates to their highest since the Kremlin sent troops into Ukraine more than 2 1/2 years ago, a step aimed at combatting the inflation fuelled by massive government outlays for the military โ and by r
Sep 13, 2024 12:06 PM
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Boeing factory workers go on strike after rejecting contract offer
SEATTLE (AP) โ Aircraft assembly workers went on strike Friday at Boeing factories in Washington, Oregon and California after union members overwhelmingly rejected a tentative contract that would have increased wages by 25% over four years.
Sep 13, 2024 11:36 AM
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Statistics Canada reports wholesale sales higher in July
OTTAWA โ Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
Sep 13, 2024 9:24 AM
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BMO wins reversal of jury verdict in U.S. lawsuit against bank
TORONTO โ BMO Financial Group says it has won the reversal of a 2022 jury verdict against the bank in a lawsuit related to a Ponzi scheme in the United States. The Canadian bank says the U.S.
Sep 13, 2024 8:06 AM
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Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW (AP) โ Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy's capacity to produce goods and services and drives up workers' wag
Sep 13, 2024 7:11 AM
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China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
HONG KONG (AP) โ Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande.
Sep 13, 2024 5:41 AM
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Boeing factory workers go on strike after rejecting contract offer
SEATTLE (AP) โ Aircraft assembly workers walked off the job early Friday at Boeing factories near Seattle after union members voted overwhelmingly to go on strike and reject a tentative contract that would have increased wages by 25% over four years.
Sep 13, 2024 4:01 AM
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Greenbelt issue a barrier to support for speeding up infrastructure: government poll
TORONTO โ One of the largest factors standing in the way of Ontario being able to speed up critical infrastructure projects is a sense of public distrust fostered by the government's own history with the Greenbelt, polling commissioned by the governm
Sep 13, 2024 4:00 AM
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