Business

BCE has signed a deal to buy U.S. fibre internet provider Ziply Fiber for about $5 billion in cash, using in part the profits from the high-profile sale of the company’s stake in Maple Leaf Sports & Entertainment earlier this fall.  The move comes after the company sold its stake …

China Real Estate Association Secretary General Cai Yun (left) presents SM Supermalls President Steven Tan with the Award for Most Prominent Commercial Real Estate Contributor of the Year from GuanDian, the leading supplier of industry information and data in China. PHOTO FROM SM SUPERMALLS  SM Supermalls President Steven Tan has …

Photo Credit: LinkedIn PHILIPPINE Bank of Communications (PBCom) raised about P7.7 billion from the maiden issuance of fixed-rate peso bonds that were listed on the Philippine Dealing and Exchange Corp. on Tuesday. The one-and-a-half-year Series A bonds, which carry a fixed interest rate of 6.0796 percent per year, comprised the …

GENEVA, Switzerland — China has moved forward with a complaint at the World Trade Organization (WTO) that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles (EVs). The Chinese diplomatic mission to the WTO said on Monday it “strongly opposes” the measures and insisted its …

As voters decide who will take over the White House, there’s a feeling the person who becomes U.S. president will bring in policies that could shift Canada’s role in the automotive industry. There are “two completely different visions for the future of the industry” as pitched by the two candidates, …

Boeing’s West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled plane-maker.  About 33,000 machinists have been on strike since Sept. 13 demanding steep wage increase. Boeing’s West Coast factory workers …

LONDON — Blackstone’s private wealth business plans to enter at least two new European markets next year to tap growing demand among the well-off, two executives at the company told Reuters. New York-based Blackstone has made attracting funds from wealthy individuals a key priority amid choppy market conditions and as …

VIENNA — Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of December. The move is aimed at boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent US presidential election, though analysts predict …

BEIJING — China’s top lawmakers gathered on Monday to hash out a major stimulus package that analysts say could grow even bigger if former US president Donald Trump wins the White House this week. Beijing has in recent months heeded calls to step up support for the economy after years …

A homeless person rests on a street as a person walks by a TGI Fridays while the streets are empty due to the coronavirus on March 24, 2020 in Queens, New York City. (Eduardo Munoz Alvarez / Getty Images / AFP)  WASHINGTON, United States — Casual American dining chain TGI …