Skip to content

National Business

‘Save summer’: Tourism business have modest expectations ahead of crucial season

‘Save summer’: Tourism business have modest expectations ahead of crucial season

MONTREAL — Tourism businesses around Banff and Lake Louise rely on the critical summer months to sustain themselves throughout the year, earning around 50 to 60 per cent of their revenue between June and September, the local tourism association says.
High court sides with Google in copyright fight with Oracle

High court sides with Google in copyright fight with Oracle

WASHINGTON — The Supreme Court sided Monday with Google in an $8 billion copyright dispute with Oracle over the internet company's creation of the Android operating system used on most smartphones worldwide.
ISM survey: U.S. services surge to record high in March

ISM survey: U.S. services surge to record high in March

WASHINGTON — The U.S. services sector, which employs most Americans, recorded record growth in March as the easing of coronavirus restrictions released pent-up consumer demand.
Proxy advisory firms: Aphria shareholders should vote in favour of Tilray deal

Proxy advisory firms: Aphria shareholders should vote in favour of Tilray deal

LEAMINGTON, Ont. — Two independent proxy advisory firms are recommending Aphria Inc. shareholders vote in favour of the cannabis company merging with Tilray Inc. Institutional Shareholder Services Inc. and Glass Lewis and Co.
Investment Canada approves Great Canadian Gaming's purchase by U.S. fund

Investment Canada approves Great Canadian Gaming's purchase by U.S. fund

TORONTO — Great Canadian Gaming Corp.'s proposed acquisition by a fund affiliated with Apollo Global Management Inc. moved a step closer to completion following approval by Investment Canada. The U.S.

Bangladesh enforcing weeklong lockdown amid virus surge

DHAKA, Bangladesh — Bangladesh is enforcing a lockdown for a week from Monday, shutting shopping malls and transportation, to help curb the spread of coronavirus as the rate of infections and deaths have increased in recent weeks.
SKorea's LG to exit loss-making mobile phone business

SKorea's LG to exit loss-making mobile phone business

SEOUL, Korea, Republic Of — South Korean electronics maker LG said Monday it is getting out of its loss-making mobile phone business to focus on electric vehicle components, robotics, artificial intelligence and other products and services.
Holding on during stock market roller-coaster was key to success, experts say

Holding on during stock market roller-coaster was key to success, experts say

TORONTO — When the bottom fell out of North American stock markets a year ago, few investors would have imagined how unsettled the world would remain a year later, even after a massive financial rebound.
Pressure mounts on corporations to denounce GOP voting bills

Pressure mounts on corporations to denounce GOP voting bills

ATLANTA — Liberal activists are stepping up calls for corporate America to denounce Republican efforts to tighten state voting laws, and businesses accustomed to cozy political relationships now find themselves in the middle of a growing partisan fig
UK: Benefits outweigh risks for AstraZeneca despite 7 deaths

UK: Benefits outweigh risks for AstraZeneca despite 7 deaths

LONDON — Britain’s medicines regulator is urging people to continue taking the AstraZeneca coronavirus vaccine, despite revealing that seven people in the U.K. have died from rare blood clots after getting the jab.