November 28th, 2021

Business

Statistics Canada to detail October inflation rate as pace of price growth rises

By The Canadian Press on November 17th, 2021

OTTAWA – Statistics Canada is scheduled to release October’s inflation rate today, in the shadow of economic warnings that the pace of price growth is likely to accelerate. The annual inflation rate in September hit an 18-year high when the consumer price index registered a year-over-year increase of 4.4 per cent. Factors for rising inflation ... Read More »

Be the first to comment!

Rogers Communications says Joe Natale has left, Tony Staffieri named interim CEO

By The Canadian Press on November 16th, 2021

VANCOUVER – Rogers Communications Inc. says Joe Natale has left as president and CEO. The company said in a release late Tuesday that he has been replaced by Tony Staffieri in the interim as it searches for a permanent CEO to drive its future growth including the integration with Shaw Communications. It said that Staffieri ... Read More »

Be the first to comment!

Canada, South Asian bloc to begin free-trade talks in effort to diversify from China

By Mike Blanchfield, The Canadian Press on November 16th, 2021

OTTAWA – Canada is launching free-trade talks with a major group of southeast Asian countries as it seeks to diversify from China and find new ways of coping with a snarled global supply chain. International Trade Minister Mary Ng announced the opening of formal trade talks late Tuesday with the Association of South East Asian ... Read More »

Be the first to comment!

Rogers Communications says Joe Natale has left, Tony Staffiery named interim CEO

By The Canadian Press on November 16th, 2021

VANCOUVER – Rogers Communications Inc. says Joe Natale has left as president and CEO. The company said in a release late Tuesday that he has been replaced by Tony Staffieri in the interim as it searches for a permanent CEO to drive its future growth including the integration with Shaw Communications. It said that Staffieri ... Read More »

Be the first to comment!

Emirates says IPO a possibility for famed long-haul carrier

By Isabel Debre And Jon Gambrell, The Associated Press on November 16th, 2021

DUBAI, United Arab Emirates (AP) – The president of long-haul carrier Emirates said Tuesday that an initial public offering of stock in the Dubai-based airline could happen as the city-state tries to boost its local financial market, while promising that its fleet of iconic double-decker jumbo jets would soon ply the skies again. Chicago-based manufacturer ... Read More »

Be the first to comment!

Regulators seek to suspend Trump rule on railway natural gas

By Josh Funk, The Associated Press on November 16th, 2021

OMAHA, Neb. (AP) – Federal regulators have proposed suspending a Trump administration rule that would have allowed railroads to haul liquefied natural gas while they take a closer look at the potential safety risks. The rule, which was backed by both the natural gas and freight rail industries, had already been on hold because several ... Read More »

Be the first to comment!

Yellen extends to Dec. 15 date for potential debt default

By Martin Crutsinger, The Associated Press on November 16th, 2021

WASHINGTON (AP) – Treasury Secretary Janet Yellen told Congress Tuesday that she believed she would run out of maneuvering room to avoid the nation’s first-ever default soon after Dec. 15. In a letter to congressional leaders, Yellen said that she believed Treasury could be left with insufficient resources to keep financing the government beyond Dec. ... Read More »

Be the first to comment!

Adele tops Swift in musician faceoff, nearly beats Oscars

By David Bauder, The Associated Press on November 16th, 2021

NEW YORK (AP) – Adele attracted 10.3 million viewers to a busy Sunday night special where she debuted new music, facilitated a marriage proposal and dished with Oprah Winfrey about her divorce and workout routine. The Nielsen company said the CBS show nearly had a bigger audience than April’s Oscars ceremony and, when delayed viewers ... Read More »

Be the first to comment!

Book about Sackler family and opioid crisis wins UK prize

By The Associated Press on November 16th, 2021

LONDON (AP) – A book about a wealthy American family whose actions helped unleash the United States’ opioid epidemic won Britain’s leading nonfiction book prize Tuesday. Patrick Radden Keefe’s “Empire of Pain: The Secret History of the Sackler Dynasty” was awarded the 50,000 pound ($67,000) Baillie Gifford Prize during a ceremony at London’s Science Museum. ... Read More »

Be the first to comment!

Experts say B.C. rainstorms highlight need to protect homes from rising threats

By Ian Bickis, The Canadian Press on November 16th, 2021

Record rainfall in British Columbia has flooded communities and washed away roads in what experts say is part of an increasingly costly trend that both homeowners and renters need to better prepare for. “Effectively what we’re seeing in B.C. is another manifestation of climate change in action,” said Blair Feltmate, head of the Intact Centre ... Read More »

Be the first to comment!

North American stock markets rise on optimism fuelled by strong U.S. retail sales

By The Canadian Press on November 16th, 2021

TORONTO – North American stock markets rose on optimism fuelled by strong U.S. retail sales numbers that suggest consumers aren’t deterred by high inflation. The S&P/TSX composite index closed up 34.08 points at 21,717.16. In New York, the Dow Jones industrial average was up 54.77 points at 36,142.22. The S&P 500 index was up 18.10 ... Read More »

Be the first to comment!