Business

File photo shows bus tour in Hong Kong./Hong Kong Tourism Board / Release  MANILA, Philippines —  Filipino tourist arrivals in Hong Kong, China just surpassed the pre-pandemic numbers for the month of January. This was revealed by the Hong Kong Economic and Trade Office in a dinner reception on Wednesday. “The …

Current and former employees from BMO, CIBC, RBC, Scotiabank and TD tell Marketplace about immense pressure to meet sales targets — pushing credit cards, mortgage insurance, mutual funds and other products — or risk losing their jobs. Marketplace hidden camera footage captures the big five breaking the law, says bank …

Canada Mortgage and Housing Corp. says the annual pace of housing starts in February climbed 14 per cent compared with January.  Bounce-back from January was anticipated, says economist. The pace of new home construction climbed 14 per cent in February compared to the previous month, Canada Mortgage and Housing Corp. …

McDonald’s said Friday a technology outage had disrupted operations at many of its outlets worldwide, including in Japan, the U.K. and Australia, but it ruled out the possibility of a cybersecurity incident.  Fast-food restaurant chain said issue has since been resolved. McDonald’s apologized Friday for a technology outage had disrupted …

Bitcoin stock image./Image by Michael Wuensch from Pixabay  LONDON, United Kingdom — Australian computer scientist Craig Wright is not “Satoshi Nakamoto”, the pseudonym used by the creator of the cryptocurrency bitcoin when it launched in 2008, a UK court ruled Thursday. The decision follows a trial in London’s High Court …

Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. plane maker.  Carriers are still negotiating new plane orders despite public displays of …

Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a decade ago.  Discount retailer acquired Family Dollar for over $8B in 2015, had difficulty absorbing the chain. Dollar Tree swung to …

The recent decision by SaltWire Network Inc., Atlantic Canada’s largest newspaper company, to seek protection from its creditors is another sign of the decline of the business and the growing threat to local journalism, experts said Tuesday. ‘It points to the continued peril of local journalism in any format these …

The U.S. Congress is inching toward a crackdown on the popular platform that could have far-reaching implications for social media in the country. Here’s what’s at stake in Wednesday’s House of Representatives vote on TikTok. 5 key details about Wednesday’s landmark moment in the history of social media. The U.S. …

When Reddit goes public later this month, it will be the first major social media platform to do so in years. The company is aiming for a target valuation of up to $6.4 billion US when it launches its IPO (initial public offering) on the New York Stock Exchange, giving …