Business

Hudson’s Bay has asked a court to allow it to put the royal charter that launched the company 355 years ago on the auction block, along with its trove of art and historical artifacts.  Anyone who buys the charter will own the ‘Holy Grail’: Hamilton museum operator. Hudson’s Bay has …

Volkswagen – a 10-brand group which also includes Audi, Porsche, Seat and Skoda – sold just over one million vehicles in North America last year, 12% of its sales by volume. PHOTO: REUTERS  BERLIN, Germany — Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs …

NEW YORK — Stock markets wavered Thursday despite another interest rate cut by the European Central Bank as investors remain on edge over the fallout from President Donald Trump’s tariffs blitz. In New York, the Dow and the tech-heavy Nasdaq extended losses while the broad-based S&P 500 edged up. Wall …

WASHINGTON, D.C. — A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad technology market, in a legal blow that could rattle the tech giant’s revenue engine. The federal government and more than a dozen US states filed the antitrust suit against Alphabet-owned Google, …

NASHVILLE, Tennessee — China-founded e-commerce sites Temu and Shein say they plan to raise prices for US customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a sky-high tariff on goods shipped from China. …

U.S. President Donald Trump’s repeated suggestion that Canada become the 51st state has had a major dampening effect on tourism to the U.S., with Canadians making public declarations about cancelling their U.S. vacations or refusing to visit their southern neighbour altogether. Canada was top source of international visitors to U.S. …

NEW YORK — Spotify experienced a widespread outage Wednesday — with tens of thousands of users reporting problems with the popular music and audio streamer. But the platform said it was back up and running hours later. “All clear — thanks for your patience,” Spotify wrote on X, the social …

Photo Credit: YouTube BEIJING — China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs. Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since US …

WASHINGTON, D.C. — Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his conglomerate Meta against accusations it took over Instagram and WhatsApp to devour budding competitors. The federal court trial in Washington has dashed Zuckerberg’s hopes that the return of …

Korean Finance Minister Choi Sang-mok speaks during a trilateral meeting with U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki on the sidelines of the IMF/G20 meetings, at the U.S. Treasury in Washington, U.S., April 17, 2024. REUTERS/Kevin Lamarque/File Photo  SEOUL — South Korea’s finance minister Choi Sang-mok …