Business

How a TikTok influencer’s video showing off a bag of Swedish candy sent the internet spinning, resulting in an ongoing global shortage of the nation’s prized sweets.  As shortage spread, Swedish candy was pure imagination for Canadian importers. A global shortage of Swedish-made candy, all thanks to a viral TikTok …

Party City is reportedly closing all of its stores across the U.S. — but the party supplies chain’s Canadian stores will continue to operate.  Party City’s U.S. business first exited bankruptcy just over a year ago. Party City is reportedly closing all of its stores across the U.S. — but …

Photo Credit: AFP SAN FRANCISCO, California — Google late Friday countered a US call to sell its Chrome browser, suggesting a judge address antitrust concerns by barring the firm from making favorable treatment of its software a condition of licensing. Google filed a 12-page proposed order banning the internet giant …

A view of a vegetable stand with prices at a supermarket in Tokyo, Japan, March 24, 2023. REUTERS/Androniki Christodoulou/File Photo TOKYO — Japanese inflation accelerated in November, with prices rising 2.7 percent year on year partly due to higher energy costs, government data showed on Friday. The core consumer price …

Selling off or privatizing Canada Post is just one of many significant and potentially drastic remedies tossed around by analysts who say the Crown corporation cannot continue in its present form. Canada Post has lost $3B in the last 6 years. The solution to Canada Post’s financial woes and murky …

A general view of oil drilling equipment on federal land near Fellows, California/File Photo BEIJING – Oil prices fell in early trading on Thursday after the US Federal Reserve signaled that it would slow the pace of interest rate cuts in 2025, potentially impacting fuel demand. Brent futures fell 33 …

An attendant walks outside the entrance to Hong Kong Monetary Authority in Hong Kong, China November 10, 2015. REUTERS/Bobby Yip/File Photo  HONG KONG — The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 percent, …

Japanese carmakers Honda and Nissan are reportedly considering a merger — a sign that major global manufacturers are joining forces to compete against their mighty Chinese competitors as the auto world goes electric.  Reports of proposed deal come as Chinese EV industry puts the squeeze on foreign rivals. Japanese carmakers …

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they say is the retailing giant’s unfair treatment of its employees.  Company says union has ‘intentionally misled the public,’ coerced workers into strike. Amazon.com workers at seven U.S. …

LOS ANGELES, California — Workers at Starbucks will walk off the job Friday in three US cities in a strike their union threatened could spread around the country in the busy run-up to Christmas. The announcement, which will initially affect stores in Los Angeles, Chicago and the firm’s home city …