Business

Talks to combine two of the biggest newspaper publishers in Canada have fallen apart.  Two companies announced merger talks last month. Talks to combine two of the biggest newspaper publishers in Canada have fallen apart. Postmedia Network Canada Corp. and Nordstar Capital LP — the majority owner of The Toronto …

Meta’s Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone.  Analysts see Threads as first potential threat to Elon Musk-owned Twitter. Meta’s Twitter rival Threads crossed 100 million sign-ups within …

HONG KONG: Hong Kong led gains in most Asian markets on Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the fintech affiliates of Alibaba and Tencent. After a yearslong probe, Ant Group was hit with the near $1 billion penalty …

HONG KONG: John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR), said on Friday that Hong Kong will strengthen economic, trade and cultural ties with the Middle East. FOSTER TIES John Lee (left), chief executive of the Hong Kong Special Administrative Region (HKSAR), listens to a briefing …

KAPRUN, Austria: High in the Austrian Alps, hundreds of construction workers toil in a huge underground project aimed at storing hydropower as climate change has reduced the country’s water-dependent electricity production. Austria draws more than 60 percent of its electricity output from the renewable energy source, compared to a global …

HOHHOT, China: Under a blue sea of solar panels, sheep roam and graze on fresh grass in north China’s dry pastures. “That’s my herd. I’m a herdsman with a job — I’m a maintenance worker at the solar power station,” said Hasenmongkh, 30, pointing to his flock of nearly 100 …

TRIPOLI: Rivals in politically divided Libya have agreed to form a committee on sharing oil revenues, a move welcomed Saturday by the UN, after military strongman Khalifa Haftar sought a “fair” split. Haftar, who backs the country’s eastern administration, had last Monday called for a committee to address the issue. …

What responsibility do Canadian airlines have to passengers as the summer travel season gets in full swing? What are your rights as a traveller? Here’s what you need to know.  ‘You kind of wish they could at least hand out food vouchers,’ said one traveller. Regina resident Ryan Coulter was …

All kinds of companies in Canada are suffering hacking and data breaches, and some lose private consumer information in the process. What should you do after getting one of those ominous notices that your data has been affected?  Cybersecurity experts say it’s a matter of when, not if, you will …

The norms of laying off remote workers through virtual communication platforms like Zoom are still a work in progress, according to experts, but there are several ways to improve a process some say can be “inhuman.”  Experts say virtual layoffs are part of remote work, but the process remains inelegant. …