Business

Canadian businessman George Cohon, who founded McDonald's Canada and helped open the fast-food company's first franchise in the Soviet Union, has died, his family said on social media. He was 86. 'His passion for serving — and supporting — others was always evident,' says PM Canadian businessman George Cohon, who …

The European Union wants social networks to deal with fake information or face consequences. But industry researchers and experts say it could be an impossible task — even as hundreds of accounts linked to Hamas have been removed by at least one platform. Sheer size of social platforms makes it …

Retail sales increased 0.6 per cent to $66.5 billion in September, Statistics Canada announced Friday.  Early estimates suggest retail sales increased 0.8 per cent in October. Retail sales increased 0.6 per cent to $66.5 billion in September, Statistics Canada announced Friday, a better result than the agency expected. Statistics Canada …

PARIS: Air France-KLM announced on Monday that it was going to place a “major order” for 50 long-haul Airbus A350s as part of its effort to introduce more fuel-efficient planes. The Dutch-French group said the planes, which represent an order of more than $16 billion (15.1 billion euros) at the …

Indigenous business leaders say a wave of economic development for their communities is rolling across Canada, and they predict that the Indigenous economy will surge to $100 billion a year within a few years. At a conference in Toronto, they discussed how that will happen.  ‘Indigenomics’ event held to bring …

MPCALA Holdings Inc. said Friday it expects to complete a new interchange of the Cavite segment of the Cavite Laguna Expressway (Calax) by end-2024. MPCALA said the construction of the remaining portion of the CALAX Cavite Segment was in full swing. The next interchange will be a 7.9-kilometer 2×2 lane …

The Philippines generated $22.92 million in total sales from the 24 exhibitors in the food and beverage (F&B), trade and manufacturing sectors during an international trade fair in Germany last month, said the Department of Trade and Industry (DTI). The country’s participation at Anuga 2023, which is considered one of …

In the Fall Economic Statement (FES) the Liberal government unveiled an initiative it called the Canadian Mortgage Charter. What is it and who does it aim to help? The CBC explains.  Freeland said she included the charter in the Fall Economic Statement to help ‘vulnerable borrowers.’ In the Fall Economic …

Optimism among mid-market business leaders in the Philippines climbed to 71 percent in the first half of 2023, as inflation began to ease, according to Grant Thornton’s International Business Report (IBR), which tracks sentiment among global mid-market business leaders. The report showed that the rise in optimism was driven by …

Bank of Canada Governor Tiff Macklem warns fighting inflation half-heartedly and living with its consequences would be a huge mistake.  Central banker says despite pain of rate hikes, the payoff will be worth it. Bank of Canada Governor Tiff Macklem warns fighting inflation half-heartedly and living with its consequences would …