Business

(File photo) MANILA – The share of agriculture loans and services went up to 18.1 percent in 2022 from 17.6 percent in 2021, results of a survey released by the Bangko Sentral ng Pilipinas (BSP) on Friday showed. The 2022 Countryside Bank Survey (CBS) report showed that the increase was mainly …

Location. Costs. Time and convenience. There are many reasons people aren’t participating in the Loblaw boycott, a movement fuelled by customers fed up with high prices at the grocery retailer. The boycott is fuelled by people fed up with high prices. But some say avoiding Loblaw stores is pricey, too. …

Canada Post warns its financial situation is so grim it could run out of operating money in less than a year, citing declining revenue and increased competition from private delivery companies. Crown corporation could run out of money in less than a year, cites declining revenue and stiff competition. Canada …

TD Bank Group could be hit with a worst-case scenario in penalties says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. Bank could face worst-case scenario after report connects TD to illicit fentanyl profits. TD Bank Group …

Immigration Minister Marc Miller says international students will be able to work off-campus for up to 24 hours per week starting in September.  Government temporarily waived cap on work hours for international students during the pandemic. Immigration Minister Marc Miller says international students will be able to work off-campus for …

It was predicted that the all-self-checkout format would eventually become the norm. But, instead, several big box chains in Canada and the U.S. continue to ditch self-checkout machines at a number of their stores. Some experts and retailers say, in many cases, theft is the main culprit.  Giant Tiger store …

KUALA LUMPUR: Microsoft pledged a $2.2-billion investment in artificial intelligence (AI) and cloud computing in Malaysia on Thursday to help develop the country’s AI infrastructure. The tech giant’s Chief Executive Officer (CEO) Satya Nadella is on a three-nation tour of Southeast Asia ― Indonesia, Thailand and Malaysia ― to announce …

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have strayed further from its two per cent target.  Some economists say U.S., Canada to diverge further on …

Loblaw Companies reported $13.58 billion in first-quarter revenue — a 4.5 per cent increase from a year earlier — on Wednesday morning, the same day that a group of frustrated shoppers said they would begin a month-long boycott of the grocery retailer.  Company says it’s ‘acutely aware’ that it has …

HONG KONG: Banking giant HSBC said on Tuesday that Chief Executive Officer (CEO) Noel Quinn would retire after overseeing a “successful transformation” of the firm and record profits during almost five years in charge. The surprise news came as the lender reported that pretax profits in the first quarter fell …