Business

TECH WAR A sign marks the entrance of the Micron Technology automotive chip manufacturing plant on Feb. 11, 2022, in Manassas, Virginia. Stepping up a feud with Washington over technology and security, China’s government on Sunday, May 21, 2023, told users of computer equipment deemed sensitive to stop buying products …

CONTRACTION A photo of Malaysian automaker Proton’s newest model, the Proton X90 sports utility vehicle dated May 7, 2023. Economists downgraded Malaysia’s export forecasts after observing a contraction on exports in April. XINHUA PHOTO KUALA LUMPUR: Economists have revised down Malaysia’s full-year export forecasts after the steeper-than-expected export contraction in …

FINDING SOLUTIONS Photo taken on June 28, 2021 shows the industrial estate of Saudi oil giant Aramco in Dammam, Saudi Arabia. Gulf Arab energy giants are turning to humble tech startups as they search for ways to remove emissions while keeping oil flowing. XINHUA PHOTO ABU DHABI: Faced with mounting …

PROMISING PARTNERSHIP A staff member walks past the exhibition area of Pilot Zone for In-depth China-Africa Economic and Trade Cooperation during the second China-Africa Economic and Trade Expo held in Changsha, central China’s Hunan Province, on Sept. 26, 2021. XINHUA PHOTO ADDIS ABABA: The upcoming China-Africa Economic and Trade Expo …

CROSS-BORDER OPPORTUNITIES Visitors attend the fifth Western China International Fair for Investment and Trade in southwest China’s Chongqing municipality on Thursday, May 18, 2023. A total of 88 major projects, with a contracted investment amounting to 290.7 billion yuan (about $41.55 billion), were signed at the fifth Western China International …

Canada is being hit by a demographic crisis, sometimes called “the grey wave.” While the economy is adding jobs, economists say the crisis is more than a numbers game and ageism might be costing firms invaluable institutional experience and productivity.  Changing the discourse around older workers can benefit employee and …

The Bank of Canada says it is more concerned than it was a year ago about the risks posed by high household debt to the Canadian financial system.  Annual Financial System Review highlights growing risk that ballooning debt presents. The Bank of Canada is more worried than it was last …

With many of the e-commerce platform’s best-selling goods priced under $10, it’s easy to see why many are flocking to the app to purchase everything from clothes and accessories to home appliances. But some experts caution people to think critically about using it.  Some experts warn that the low costs …

Housing advocates have welcomed Toronto’s decision to allow construction of multiplexes, low-rise homes with multiple units, across city neighbourhoods. Yet questions remain as to how much new housing will actually emerge from this policy change and how affordable it will be.  ‘Retrofitting suburbia’ with multiple units on 1 lot could …

The bureau alleged in a Thursday media release that Cineplex is breaking the law after an investigation found consumers can’t buy movie tickets online at advertised prices because there is an additional mandatory fee of $1.50 for booking online.  Movie theatre company accused of adding fee onto tickets purchased online. …