News-Business

China’s seizure of two Canadians ‘not acceptable’ says Trudeau 14 December 2018, 2:41 pm


China’s arrest of two Canadians is unacceptable and an example of worrying fallout from a U.S.-China trade war, Prime Minister Justin Trudeau says.

Statistics Canada reports key debt ratio ticked higher in third quarter 14 December 2018, 2:14 pm


Statistics Canada says household credit market debt as a proportion of disposable income was 177.5 per cent in the third quarter on a seasonally-adjusted basis, compared with 177.4 per cent in the second quarter.

Oxford Properties acquires portfolio of office properties in Australia 14 December 2018, 1:26 pm


Oxford Properties Group has acquired the Investa Office Fund, a portfolio of 19 properties in Australia, for $3.3 billion.

Ontario rating cut by Moody’s on persistent fiscal challenges 14 December 2018, 1:08 pm


The Canadian province of Ontario had its credit rating cut by Moody’s Investors Service which cited “fiscal challenges” ahead for the world’s largest subsovereign borrower.

China says Canada’s Huawei arrest has ‘aroused public anger’ 14 December 2018, 12:59 pm


China blamed Canada for fanning public outrage by arresting Huawei Technologies Co. executive Meng Wanzhou earlier this month, as Beijing continued to ramp up pressure on the U.S. ally.

How creepy is that Christmas gift? A guide to seasonal tech 14 December 2018, 12:00 pm


Mozilla Foundation’s shopping guide shows what’s the naughty and what’s nice among Web-connected smart devices.

Western oil price rally unlikely to last after curtailments begin, expert panel says 13 December 2018, 10:48 pm


Current prices in Western Canada are based on speculation about what the market will look like in January and that will change, said Grant Bishop, associate director of research for the C.D. Howe Institute.

DavidsTea Inc. reports $9.1M loss in third quarter, despite sales up 1.5 per cent 13 December 2018, 10:41 pm


The company’s adjusted net loss was $7.4 million or 28 cents per share compared to a $4.5-million loss or 17 cents per share in the third quarter of its 2017 financial year.

The oil industry’s covert campaign to rewrite American car emissions rules 13 December 2018, 10:13 pm


In Congress, on Facebook and in statehouses nationwide, Marathon Petroleum, the country’s largest refiner, worked with powerful oil-industry groups and a conservative policy network financed by the billionaire industrialist Charles G. Koch to run a stealth campaign to roll back car emissions standards, a New York Times investigation has found

Japan opens doors for foreign workers who may not want to come 13 December 2018, 10:08 pm


The Gallup survey showed that Japan’s 126-million strong population would grow by just 1 per cent if there were global freedom of movement, compared with 147 per cent for Canada and 46 per cent for the U.S.

All At HongKong