Business World

WestJet is planning to wind down Sunwing Airlines, integrating the low-cost carrier into its mainline business within two years as part of a plan to streamline operations. Calgary-based carrier says Sunwing vacations will continue to operate as part of the WestJet group WestJet is planning to wind down Sunwing Airlines, …

Consumer spending has frustrated and confused central bankers as they try to slow the economy. They need look no further than Taylor Swift's Eras Tour for evidence of who's spending and why. As the economy heads toward a recession, performer's Eras Tour remains bright spot The economy is slowing. Rising …

The bank is being inundated on social media with customers raising concerns about being unable to pay bills and automatic payments putting their accounts into the negative. Banks says it is working as quickly as possible to resolve the issue TD Bank Group says its direct deposit system has been …

Sweden's inflation rate came in hotter than expected in May, but for once it perhaps wasn't the cost of putting a roof over your head or food on the table that was driving up the cost of living, but something entirely unexpected: Beyoncé. Two concerts in Stockholm vaulted hotel and …

Sales are dropping for Bud Light as it continues to face challenges after featuring a transgender social media star in a short advertisement. But beer companies have campaigned featuring LGBTQ people for years. Sales drop for the top beer brand as it faced criticism over marketing featuring transgender TikTok star …

If Canada's big grocery chains are found to have been making excessive profits from high food prices, the federal government should slap them with a windfall tax, a new parliamentary report recommends. Committee that demanded answers from grocery leaders submits recommendations If Canada's Competition Bureau finds that grocery store giants …

Ukraine’s largest oil and gas producing company hopes to end the country’s reliance on petroleum imports, looking to Canadian businesses to pitch in. Risk of investing in conflict zone, concerns over oilpatch investment could be hurdles for investors Ukraine's largest oil and gas producing company hopes to end the country's …

Canadians seeking long-term mortgages may feel the impact as the influential Federal Reserve holds off on another rate hike. But any break will likely be short-lived as the Fed committee suggests another half-point hike will be needed to get inflation under control. Good news and bad news for Canadians, too, …

Telus Corp. is blaming Ottawa's ban on China's Huawei Technologies Inc. for pausing its fibre optic network build in Alberta city of St. Albert, raising questions over the sanction's spillover effects on connectivity in smaller communities. Inflation, interest rates and Huawei ban cited as Telus halts work in St. Albert, …

The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the U.S. and Canada. U.S. company traces origins to Canadian inventor of eponymous cooking device The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings …