Business

A Vancouver non-profit is calling on Canada’s competition regulator to launch a greenwashing investigation into Lululemon — saying that the athleisure brand is misleading consumers about its environmental practices.  Complaint comes amid swell of public pressure on Vancouver-based athleisure brand. A Vancouver non-profit is calling on Canada’s competition regulator to …

After the shelving the planned merger, the Department of Finance (DOF) is now considering the public listing of Land Bank of the Philippines and the Development Bank of the Philippines (DBP). On Wednesday, Feb. 14, Finance Secretary Ralph G. Recto told Manila Bulletin that informal discussions have been taken place regarding the …

Just a few weeks after the U.K. arm of the beauty brand was acquired by private equity firm Aurelius Investment, the company is reportedly appointing administrators, a move that could likely lead to job losses and store closures — although it’s not yet clear whether stores in Canada will be …

U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and health care, but it likely won’t change expectations that the Federal Reserve will start cutting interest rates in the first half of 2024.  Markets anticipate U.S. central bank will start cutting interest rates …

The Federal Court of Appeal has rejected BCE Inc.’s request for a stay of a regulatory decision that will allow independent companies to sell internet services to their customers using its fibre network in Ontario and Quebec.  CRTC’s November decision was meant to stimulate competition for internet services. The Federal …

WestJet is facing indefinite delays on dozens of new aircraft deliveries after a panel blowout on a Boeing 737 Max plane last month that prompted a halt to production expansion at the U.S. aircraft maker.  Calgary-based carrier ordered 42 new Boeing 737 Max 10 jetliners in 2022. WestJet is facing …

Alberta is the country’s honey powerhouse — and the sweet commodity last year had never been worth more. As interest in beekeeping steadily rises, beekeepers and industry stakeholders are working to ensure Alberta’s bee population stays healthy. Province’s honey value surpassed $100M for the first time in 2023. Richard Ozero …

A pedestrian walks past an electronic board displaying the Nikkei 225 index and share prices on the Tokyo Stock Exchange in Tokyo on November 4, 2020, as Asian markets react to early predictions following the US presidential election. (Behrouz MEHRI / AFP)  HONG KONG, China — Markets were mixed in …

May be fastest growth in Southeast Asia but still lower than the pre-Covid average of 6.6 percent. Banking giant UBS AG has raised its 2024 to 2025 gross domestic product (GDP) growth forecasts for the Philippines to 5.7 percent and six percent from 5.3 percent and 5.8 percent, respectively, following …

Aboitiz Power Corp., one of the country’s largest generation companies, is supporting a “phasedown” instead of a “phaseout” approach for coal-fired power projects as part of the government’s energy transition program, an executive said over the weekend. AboitizPower Thermal Business Group president and chief operating officer Celso Caballero III underscored …