Business

The B.C. port strike might be over but it’s expected to take weeks — even months — for supply chains and businesses to recover, according to experts.  Greater Vancouver Board of Trade says there are 63,000 shipping containers waiting to be unloaded. The British Columbia port strike might be over, …

The International Longshore and Warehouse Union Canada and the B.C. Maritime Employers Association have agreed to tentative terms to end the 13-day B.C. port strike. Employer says operations to resume Thursday afternoon. The 13-day B.C. port strike appears to be over after the International Longshore and Warehouse Union Canada and …

At a Glance Managing Director Alain Auclair of UBS Securities Canada said the Philippines has remained an attractive investment destination in the Asia-Pacific region amid global headwinds. Sun Life Philippines CEO and Country Head Benedicto Sison cited three key factors on why it is good to invest in the Philippines, …

UNITED NATIONS: UN chief Antonio Guterres denounced on Wednesday (Thursday in Manila) a global financial system where nearly half the world’s people live in countries whose governments spend more on debt than education or health. “Half our world is sinking into a development disaster, fueled by a crushing debt crisis,” …

While advocates say there’s an appetite for change that can make way for a widespread movement aimed at creating more affordable and accessible housing, there’s enough obstacles facing both organizers and residents to keep it from getting off the ground.  Advocates say there’s appetite for protests over the housing crisis, …

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3 per cent in June compared with 12 months earlier — a sign that the Federal Reserve’s interest rate hikes have steadily slowed price increases across the …

The Bank of Canada raised its benchmark interest rate to five per cent on Wednesday, its highest rate since 2001. Following the announcement, experts diverged on whether Canadians could expect another increase after the summer.  10th rate hike by central bank since March 2022. The Bank of Canada raised its …

Canada’s watchdog for corporate wrongdoing says she has enough to launch an investigation of allegations that Nike Canada and a Canadian gold mining company are benefiting from the forced labour of Uyghurs in China.  Ombudsman says companies’ responses have been lacking so far. Canada’s watchdog for corporate wrongdoing says she …

A FEDERAL judge handed Microsoft a major victory by declining to block its looming $69-billion takeover of video game company Activision Blizzard. US District Judge Jacqueline Scott Corley said in a ruling that the merger deserved scrutiny, noting it could be the largest in the history of the tech industry. …

NICOSIA, Cyprus: A new casino resort touted as the largest of its kind in Europe has opened its doors in Cyprus, aiming to transform the east Mediterranean island nation into a year-round destination for luxury tourism, officials said on Tuesday. The 600-million euro ($659-million) City of Dreams Mediterranean is one …