Business World

Canada's economy added 25,000 new jobs in November, Statistics Canada reported Friday. Jobless rate ticks up to 5.8% Canada's economy added 25,000 new jobs in November, Statistics Canada reported Friday. Despite the slight increase in jobs, the unemployment rate inched up to 5.8 per cent, as more people were looking …

Emirates Airline is now the world’s first airline to operate an A380 demonstration flight using 100 percent Sustainable Aviation Fuel (SAF). The flight took off from Dubai International Airport (DXB) with one of four engines powered on 100 percent SAF, helping demonstrate its potential as a drop-in replacement that matches …

Three of Canada's biggest lenders posted quarterly earnings on Thursday, and as was the case at Scotiabank earlier in the week, they're all putting a lot more money aside to cover loans that potentially might go bad. TD, CIBC eliminate thousands of jobs; RBC, Scotia previously announced similar layoffs Latest …

Canada's economy shrank in the three months up to September, as household spending was flat and exports declined. Upward revision of numbers for previous quarter now show growth Canada's economy shrank in the three months up to September, as household spending was flat and exports declined. Statistics Canada reported Thursday …

Executives and senior leaders from Canada's oil and gas sector are heading to Dubai for the upcoming United Nations climate talks, eager to tell the world they are doing what they can to reduce greenhouse gas emissions. Fossil fuel industry will have position of prominence at this year's climate summit …

General Motors said it is pumping the brakes a little on its plans for electric vehicles and self-driving cars as new labour deals signed with unions in the U.S. and Canada will cost it almost $9.3 billion US. Company will spend $10B on stock buybacks and boost its dividend by …

Google and the federal government have reached an agreement in their dispute over the Online News Act that would see Google continue to share Canadian news online in return for the company making annual payments to news companies in the range of $100 million. Agreement comes 3 weeks before Online …

According to the "lipstick index," cosmetics sales go up during tough economic times as shoppers reach for small treats like lipstick rather than big-ticket items. With Canada's economy teetering on the verge of a possible recession, beauty and skincare sales are up 18 per cent, says market research firm Circana. …

Panama's President Laurentino Cortizo on Tuesday said his government would proceed with the shutdown of First Quantum's copper mine after the country's Supreme Court ruled the Canadian miner's contract was unconstitutional. Mining contract has sparked widespread protests across the country for weeks Panama's president said Tuesday that Canadian miner First …

The Bank of Nova Scotia said its profit slumped in the fourth quarter for a variety of reasons, including doubling the amount of money the bank sets aside to potentially write off loans that are in danger of not being paid back. Costs increased far more than revenue did The …