Digital money transfers are now an integral part of our daily transactions. However, scammers, fraudsters, and cybercriminals have devised various strategies to take advantage of users and exploit the cashless economy. In addition to utilizing top-notch cybersecurity systems, the Philippines’ #1 finance super app, GCash, has added another layer of …
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Sta. Lucia Land cements partnership with DOTr, LRTA
Present at the MOA signing were (from left) Engr. Joseph Dexter Buenconsejo, LRTA Project Manager; Atty. Hernando T. Cabrera, LRTA Administrator; ASec. Jorjette B. Aquino, Department of Transportation for Railways; Mr. Exequiel D. Robles, Sta. Lucia Land Inc. President; Mr. Vicente Santos, Sta. Lucia Land Inc. Chairman; and Mr. Orestes …
Read More »Oil giant Chevron agrees to buy rival Hess for $53B
Chevron is buying Hess Corp. for $53 billion and it's not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Second major deal in U.S. oil industry this month Chevron is buying Hess Corp. for $53 billion and it's …
Read More »St. Lawrence Seaway workers begin strike action, union says
The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. Walkout to affect freight shipments on waterway between Montreal and Lake Erie The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. The halt is expected to affect …
Read More »Iconic Toronto condo project placed into receivership due to $1.6B in unpaid debt
A high-profile Toronto condominium project that has been plagued with delays and setbacks for more than a decade has been placed into receivership by its biggest lender, refusing to foot the bill for $1.6 billion in unpaid debts until someone else is in charge. Project has faced numerous delays and …
Read More »Retail sales fell in August and were flat in September as consumers closed their wallets
Retail sales fell by 0.1 per cent to $66.1 billion in August, Statistics Canada reported Friday, adding that advanced estimates for September look like no growth, too. Sales declined by even more in volume terms, down 0.7% Retail sales fell by 0.1 per cent to $66.1 billion in August, Statistics …
Read More »Canada has fewer entrepreneurs today than it did 20 years ago — and that’s a big problem for everyone
A new report from the Business Development Bank of Canada says an “alarming decline” in the number of Canadian entrepreneurs could hurt economic growth and slow innovation. It estimates the country has 100,000 fewer entrepreneurs today than it had in 2000. With 100,000 fewer entrepreneurs than in 2000, BDC recommends …
Read More »Arthur Irving no longer chair of Irving Oil, fuels more speculation about N.B. company’s future
Arthur Irving is no longer in his leadership role at Irving Oil and his daughter, Sarah Irving, is no longer part of the leadership team, according to the company's website, fuelling further speculation about the future of one of New Brunswick's largest employers. Sarah Irving, his daughter, is no longer …
Read More »Elon Musk’s X starts testing fee for new users
Elon Musk's social media platform X has begun charging a $1 US fee to new users in the Philippines and New Zealand, in a test designed to cut down on the spam and fake accounts flourishing on the site formerly known as Twitter. Philippines and New Zealand first regions to …
Read More »Scotiabank cutting global workforce by 3%
Scotiabank said Wednesday it's cutting about three per cent of its global workforce as a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations. RBC revealed in August it had cut jobs, and was planning more in current quarter Scotiabank …
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