Ford says instead of higher interest rates, he wants the federal government to work with provinces and territories to invest in critical infrastructure projects that will create higher-paying jobs and improve the production of goods and services. Ford joins B.C. Premier David Eby, who first penned letter to Bank of …
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Tesla, Chinese EV brands jostle at German fair
MUNICH: One of the world’s biggest auto shows opens in Munich on Monday, with Tesla ending a 10-year absence to jostle for the spotlight with Chinese rivals as the race for electric dominance heats up. Chancellor Olaf Scholz will officially inaugurate the IAA mobility show, held in Germany every two …
Read More »Trading in L’Occitane stopped in Hong Kong
HONG KONG: Trading in French beauty brand L’Occitane was halted in Hong Kong on Monday after reports emerged that its controlling shareholder may take the company private. The luxury retailer, known for its skincare products and fragrances, raised more than $700 million in its Hong Kong initial public offering in …
Read More »Pakistani traders strike vs high inflation
ISLAMABAD: Pakistani traders on Saturday went on strike against the soaring cost of living, including higher fuel and utility bills and record depreciation of the rupee against the dollar, which has led to widespread discontent among the public. The traders pulled their shutters down across the country, while protesters burned …
Read More »China-Benin agri cooperation flourishes
BEIJING/COTONOU: On the land of the Oueme department in southeast Benin, Chinese maize thrives under the sun; in a soybean oil production factory in China, workers are processing soybean seeds imported from Benin in an orderly manner. As China-African cooperation continues to deepen and strengthen, agricultural cooperation between China and …
Read More »Lebanon’s tourism thrives amid challenges
BEIRUT: Abdul Rahman Yousef, a Jordanian coming to Lebanon this summer with his wife, said he was glad to visit the country because “the vibes were refreshing.” “One can feel the happy atmosphere and buzz in public places,” said Yousef as he spread a towel on a beach chair at …
Read More »Entrepreneur gets creative with Philippine chocolate
Philo Chua grew up in a family who exchanged business ideas during dinner. At the time, business for him was just a conversation piece. It was not until his Entertainment Technology studies in Pittsburgh, the United States that Chua developed a keen interest in baking chocolate-based cookies and brownies. Just …
Read More »Award-winning fintech platform supports back-to-school program
Digido Finance Corp. (DFC), operator of award-winning consumer finance platform Digido and in-app and in-store installment solutions provider UnaCash, organized a dispatch of back-to-school essentials in support of the country’s annual Brigada Eskwela campaign. “One’s education is directly correlated to one’s degree of participation in the financial ecosystem. Through this …
Read More »Enchanted Kingdom celebrates 28th anniversary
Enchanted Kingdom, the first theme park in the Philippines, is inviting guests for its 28th anniversary celebration in October with the theme Be The Magic! Be Enchanted. The year-long celebration places the spotlight on recreating enchanting stories from the past and creating new magical experiences for every guest. “Enchanted Kingdom …
Read More »Canada’s economy contracted during 2nd quarter, StatsCan says
The Canadian economy appeared to stall in the second quarter, as Statistics Canada says it contracted at an annualized rate of 0.2 per cent. Agency also revised its reading for growth in 1st quarter. Canada’s economy unexpectedly shrank from April to June this year Canada’s economy took an unexpected hit, …
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