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National Business
National Business
Wall Street climbs to add more to its strong January
NEW YORK (AP) — Wall Street closed out a strong January with more gains. The S&P 500 rose 1.5% Tuesday, marking its third winning month in the last four. The Dow rose 1.1% and the Nasdaq rose 1.7%.
Jan 31, 2023 1:08 PM
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'Hands off Africa!': Pope blasts foreign plundering of Congo
KINSHASA, Congo (AP) — Pope Francis demanded Tuesday that foreign powers stop plundering Africa’s natural resources for the “poison of their own greed” as he arrived in Congo to a raucous welcome by Congolese grateful he was focusing the world’s atte
Jan 31, 2023 1:07 PM
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Canadian economy loses steam, expected to slow further amid high interest rates
OTTAWA — The Canadian economy lost steam as 2022 drew a close, setting the stage for a continued slowdown this year as high interest rates weigh on spending.
Jan 31, 2023 1:01 PM
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French officials say 1.27 million protested pension reforms
PARIS (AP) — An estimated 1.
Jan 31, 2023 12:08 PM
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Imperial Oil expects 'double-digit' returns from renewable diesel facility
CALGARY — Imperial Oil Ltd. expects "double-digit returns" from its $720-million investment to build what will be Canada's largest renewable diesel manufacturing facility at its Strathcona refinery, the oil giant said Tuesday.
Jan 31, 2023 10:31 AM
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General Motors to invest US$650 million in Lithium Americas
VANCOUVER — General Motors Co. has signed a deal to invest US$650 million in Vancouver-based Lithium Americas Corp., the latest move by an automaker to secure raw materials for their push into electric vehicles.
Jan 31, 2023 10:21 AM
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Ontario job seekers increasingly looking for work in other provinces: Indeed
Ontario job seekers are increasingly looking for work in other provinces, especially positions in remote-friendly sectors like tech, said a new report from Indeed. In the second half of 2022, 6.
Jan 31, 2023 9:32 AM
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WestJet temporarily suspends service from 3 Canadian cities to Europe
CALGARY — WestJet says it has temporarily suspended transatlantic service between three Canadian cities and Europe. The airline announced it is pausing transatlantic service between Halifax and Europe as part of its 2023 summer schedule on Monday.
Jan 31, 2023 8:48 AM
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Quick-service restaurants to weather economic storm better than full-service: report
TORONTO — DBRS Morningstar says quick-service restaurants will have an easier time weathering the coming economic storm than full-service restaurants, as rising costs and slowing consumer spending weigh on the already embattled industry.
Jan 31, 2023 8:45 AM
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US consumer confidence lags as 2023 gets under way
American consumers are kicking off 2023 slightly less confident than they were at the end of last year as inflation and the possibility of a recession loom. The Conference Board reported Tuesday that its consumer confidence index slipped to 107.
Jan 31, 2023 7:18 AM
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