Economy

GM reportedly closing all Oshawa, Ont. operations

GM reportedly closing all Oshawa, Ont. operations

General Motors is expected to announce on Monday the closure of a factory in the Canadian city of Oshawa, putting nearly 3,000 jobs at risk, Canadian channel CTV reported. "We are aware of the repo...

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Bitcoin fell below $ 4,000

Bitcoin fell below $ 4,000

The post $63 Billion Deleted From Crypto in 7 Days, Ethereum Drops Under $100 appeared first on CCN . The Bitcoin price is now sitting at a 14-month low not seen since September 2017 and is d...

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Black Friday Beginning To Merge With Cyber Monday, According To New Data

Black Friday Beginning To Merge With Cyber Monday, According To New Data

The iPad Black Friday deal continues into Saturday, however, it's been out of stock at various retailers, like Walmart, and then suddenly back in stock. Those keen to bag a bargain expected to spend...

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Former Nissan chairperson denies allegations of fraud

Former Nissan chairperson denies allegations of fraud

The news outlet further reports that "A Nissan spokesman gave no reason for the postponement and said the company had yet to set a new date for the announcement". The subsidiary was founded in Amsterd...

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Ottawa Introduces Back-To-Work Legislation To End Canada Post Rotating Strikes

Ottawa Introduces Back-To-Work Legislation To End Canada Post Rotating Strikes

Bill C-89 passed the first two readings in the Senate on Saturday afternoon and is now being considered in detail by the committee of the whole. A vote on the motion to speed the legislation through...

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Winter storm to hit Southeast Michigan on Monday: Here's what to expect

Winter storm to hit Southeast Michigan on Monday: Here's what to expect

In addition, Green County in Wisconsin is under a Winter Weather Advisory from 9 a.m. Sunday to 12 a.m. midnight Monday. The National Weather Service says holiday returning travel could be very ha...

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Elections BC extends period to return electoral reform package

Elections BC extends period to return electoral reform package

The first question asks if we should keep the current First Past the Post voting system or move to a system of proportional representation . The deadline to request a referendum voting package fo...

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Oil hits lowest in a year as Opec mulls output cut

Oil hits lowest in a year as Opec mulls output cut

Tumult in oil markets pulled vast swathes of the futures curve almost US$2 a barrel lower. Although the Organization of the Petroleum Exporting Countries is expected to curb output, rising US oil supp...

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Samsung Electronics apologises over factory worker cancer cases

Samsung Electronics apologises over factory worker cancer cases

Samsung Electronics co-president Kim Ki-nam said in a statement, "We sincerely apologize to the workers who suffered from illness and their families". Despite Samsung's apology and plans for compens...

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EU approves Brexit divorce deal with Britain

EU approves Brexit divorce deal with Britain

The Brexit package is also facing strong opposition in the British parliament, which must vote in favor for it to take effect. What does the PM's letter say? Spain demanded that the withdrawa...

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Wild winds cause major delays at Aussie air hub

Wild winds cause major delays at Aussie air hub

The flight delays are on top of an existing headache for the airport after up to 30 arriving flights and 12 departures were cancelled at the domestic terminal on Thursday evening. "Virgin Australia is...

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China says trade talks with U.S. should be equal, mutually beneficial

China says trade talks with U.S. should be equal, mutually beneficial

Wang said he hoped both sides could move in the same direction and find ways to resolve their problems. Officials of both countries were in close contact, instructed by their leaders, he added. On T...

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Coli cases in Canada linked to romaine lettuce jumps to 22

Coli cases in Canada linked to romaine lettuce jumps to 22

Many people who get sick in most outbreaks never seek medical attention so the number of cases is never known, said Howard Njoo, Canada's deputy chief public-health officer. The Food and Drug Administ...

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Climate change could cost U.S. billions, worsen disasters

Climate change could cost U.S. billions, worsen disasters

The last report came in 2014. The report also warns of economic consequences of inaction. Without substantial global emissions reductions and local adaptation measures, the report says, "climate cha...

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Oil plunges to 7-week low; Lowest of the year

But this has done little so far to prop up prices, which have dropped more than 20 percent so far in November, in a seven-week streak of losses. Furthermore, the United States waived off such sanc...

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Nissan CEO tells staff feels 'dismay' at Ghosn scandal

Nissan CEO tells staff feels 'dismay' at Ghosn scandal

Ghosn is one of the highest paid chairmen in Japan, and one of the few heads of a company who is a foreigner. Both Ghosn and Kelly could get up to 10 years in prison, a fine of up to 10 million ye...

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Wine to be stockpiled in case of Brexit blues - Majestic

Wine to be stockpiled in case of Brexit blues - Majestic

A United Kingdom retailer is stockpiling wine in case of a no-deal Brexit . "But yes, whatever happens, we have brought forward stock in case of any fallout". They fear that leaving the European Unio...

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Black Friday Shoppers Flood Ross Park Mall In Search Of Deals

Black Friday Shoppers Flood Ross Park Mall In Search Of Deals

Black Friday, a period of heavy discounting which originated as a post-Thanksgiving sale in the U.S., has divided retailers in the UK. Retailers aren't just ushering the official start of the holida...

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Tesla is slashing its prices in China again as tariffs bite

Tesla is slashing its prices in China again as tariffs bite

The carmaker had raised the prices of its models in July by around 20 per cent after China imposed an extra 25 per cent tariffs on cars from the United States in response to U.S. $77,928.83) for the...

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Canada Post Back-To-Work Legislation Introduced To End CUPW Strike

That fast-tracking motion passed by a vote of 173-13, whereupon debate immediately resumed on the back-to-work bill itself. All but a handful of NDP MPs staged a walkout during a vote on the motion. "...

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Amazon's European warehouse employees are walking out on Black Friday

Amazon's European warehouse employees are walking out on Black Friday

Germans are expected to buy about $2.7 billion worth of goods on Black Friday and Cyber Monday, an increase of about 15 percent over past year. About 620 Amazon workers in Germany, as well as ot...

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Massive romaine lettuce recall linked to California

The Ministry of Health and Wellness further advises the public that if they suspect that they have Romaine lettuce originating from the U.S. stored in their refrigerator, that they bag the lettuce, al...

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United States reportedly asks allies not to use Huawei equipment

United States reportedly asks allies not to use Huawei equipment

The United States is also considering increasing financial assistance for telecom development to those nations that would abandon Huawei products in the public and commercial sectors. "If a government...

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Couple Is $1.3M Richer After Pre-Thanksgiving Cleanup

Couple Is $1.3M Richer After Pre-Thanksgiving Cleanup

The drawing was June 6. "We kept checking the numbers again and again", Harold Ehrenberg told the Louisiana Lottery Corporation. "It was pretty exciting", he added. The pair said they couldn't b...

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Flybe shares soar as Virgin Atlantic confirms takeover interest

Flybe shares soar as Virgin Atlantic confirms takeover interest

Basic earnings per share dropped by more than half to 3.5p, and Flybe said it will not pay a dividend. Flybe put itself up for sale earlier this month as financial constraints mounted in what ...

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Black Friday is upon us. What are Americans doing to celebrate?

Black Friday is upon us. What are Americans doing to celebrate?

So while there might be some notable sales figures on Friday, a lot of the retailers will be offering bargains until right up to the new year. Open 7 a.m.to 3 p.m. Kohl's has door-buster deals onlin...

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25 killed, 35 injured in explosion in lower Orakzai district: PTI minister

25 killed, 35 injured in explosion in lower Orakzai district: PTI minister

The carnage came just hours after another brazen attack, this time in the major city of Karachi, where suicide bombers stormed the Chinese Consulate. "Three children were among those killed". Offici...

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Repo Rate increase announced by Reserve Bank

Repo Rate increase announced by Reserve Bank

Analysts had predicted that an interest rate hike was likely as inflation rises. The South African Reserve Bank's (SARB) monetary policy committee (MPC) is now holding its last of six annual mee...

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Chinese e-commerce sites ditch Dolce & Gabbana in ad backlash

Chinese e-commerce sites ditch Dolce & Gabbana in ad backlash

NetEase said all D&G items had been removed from its Kaola shopping platforms. Workers remove signs that read " Dolce & Gabbana The Great Show " at the Shanghai Expo Center after the fashion s...

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May defends draft Brexit deal

May defends draft Brexit deal

Anti-Europe Conservatives have savaged the divorce deal, which they say keeps Britain too close to the EU. Spain will seek to veto the accord if its objections to the text aren't addressed, Prime ...

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Postal Workers On Strike in Prince George

Postal Workers On Strike in Prince George

Within minutes of CUPW's statement, federal Labour Minister Patty Hajdu renewed her call for the two sides to continue bargaining, but did not say whether the government is contemplating back-to-wor...

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Dow falls 550 points, dragged down by Target and concerns over retail

Dow falls 550 points, dragged down by Target and concerns over retail

The S&P 500 index fell 47 points, or 1.8 percent, to 2,688 as of 3:40 p.m. The Standard & Poor's 500 index slid 45.54 points, or 1.7%, to 2,690.73. The S&P 500 index fell 53 points, or 1.9 percent...

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Range Rover Evoque previewed with art sculptures

Range Rover Evoque previewed with art sculptures

Land Rover describes the outgoing vehicle as "a global success story", and the manufacturer has promised this new one will introduce "new standards of design, capability, and sustainability". To the ...

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Major Tech Stocks Lose Over US$700B Last 6 Weeks

Apple stock hit bear market territory this morning, plunging 20% on its 12-month high. Yet, much of the blame might fall on Apple , which saw its stock price tumble 4.8% during regular trading Tuesd...

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UK, EU 'agree' on draft Brexit political declaration

UK, EU 'agree' on draft Brexit political declaration

But the deal does not address the thorny issues of fishing rights and Gibraltar, which have raised concerns in European Union capitals, and it could still yet be rejected by the British parliament. "I...

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