Business

LONDON: Representatives from business associations and enterprises in the United Kingdom have expressed their strong interest and unwavering confidence in China’s Hainan Free Trade Port (FTP). Speaking at a promotion conference of Hainan FTP held here on Friday, Chinese Ambassador to Britain Zheng Zeguang highlighted that building Hainan FTP is …

BARCELONA, Spain: Shanghai is “the best place in Asia” to host the Mobile World Congress (MWC), a prominent mobile technology fair, Francesc Fajula, chief executive officer of the Mobile World Capital Barcelona Foundation (MWCapital) said here on Friday. MOBILE TECHNOLOGY FAIR Photo taken on Feb. 23, 2021 shows a view …

ISLAMABAD: The Suki Kinari Hydropower project in northwest Pakistan achieved the hoisting of a core component on Saturday, as a 413-ton rotor, crucial to turning water into electricity, was smoothly installed on the last of four generating units. The successful hoisting of the last rotor will help advance the construction …

The federal government’s clean fuel regulations will make gasoline more expensive eventually — but that doesn’t make them a tax on fuel.  Some premiers want Ottawa to suspend new regulations critics are calling the ‘carbon tax 2.0.’ In just three weeks, new federal regulations will begin slapping surcharges on the …

Over half of Canadians who are staying in the workforce after 60 are doing so because they have to. With the growing cost of living and an increase in Canadians carrying debt into retirement, Canadians such as 70-year-old James Kadri are having to work multiple jobs.  Fewer workers between 55 …

CBC’s Marketplace rounds up the consumer and health news you need from the week.  Consumer and health news you need from the week. Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplacenewsletter every Friday. …

WestJet is shutting down its budget airline, Swoop.  Swoop planes and staff will soon join parent airline but move means less choice for consumers. Latest Existing Swoop flights will continue to operate as planned until October WestJet is shutting down its budget airline, Swoop. The company made the announcement in …

After years as an exclusively advertisement-free subscription platform, Bell Media says it plans to launch new Crave tiers sometime this summer that include commercials during programming.  Friends, The Big Bang Theory, Letterkenny among shows offered in ad tiers. Crave is making room for commercial breaks on its streaming service. After …

A Federal Court judge has found Canadian Pacific Kansas City Ltd. guilty of contempt of court for employees working excessively long hours.  Rail operator failed 22 times to comply with cease-and-desist orders, ruling says. A Federal Court judge has found Canadian Pacific Kansas City Ltd. guilty of contempt of court …

Saying its initial response was “erroneous,” Air Canada is now making cash offers to some travellers in compensation for the airline’s recent flight disruptions.  Some passengers’ claims were rejected by accident, airline says. Saying its initial response was “erroneous,” Air Canada is now making cash offers to some travellers in …