Licence could be cancelled if no corrective measures taken, federal agency says GoodFood’s micro fulfillment centre in downtown Toronto is stocked with the company’s own line of grocery items, from GoodFood-branded products such as sauces, condiments and snacks, to produce, meat and seafood. (Laura MacNaughton/CBC) The Canadian Food Inspection Agency has …
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Gold and Silver Steady at New Year as Index Selling Looms
(Bloomberg) — Gold and silver steadied at the beginning of the year after their best annual performances since 1979 as traders assessed the reweighting of a benchmark commodity index that starts next week. Bullion gained as much as 1.9% on Friday before paring most gains during US hours. Silver eased after …
Read More »Why Philippine food prices are high
THE average retail price of chicken in Vietnam is lower by almost 40 percent compared here in the Philippines. More shocking is that the average retail price of pork is around 92 percent more expensive here than in Vietnam. The same can be said when we compare our food prices …
Read More »Pills, TikTok and weight-loss apps: The consumer-driven future of GLP-1s
Photo Credit: thedailyherald.sx LONDON — Ask executives in the health care industry about the future market for weight-loss drugs and the analogies are telling: monthly GLP-1 medicine subscriptions like a streaming video membership; dose decisions managed on a smartphone app; access made as easy as buying a pair of Nikes. This …
Read More »PH consumer demand to stay resilient in 2026
FILIPINO consumers will remain one of the economy’s strongest pillars in 2026, with Maybank IBG Research pointing to steady remittances and easing cost pressures combined to support incomes and purchasing power. In its report titled “Philippine Strategy — Year Ahead 2026: Let it simmer,” Maybank said it is keeping the …
Read More »How a good old-fashioned boycott got Canada to trade Kentucky bourbon for Canadian whisky
‘Buy Canadian’ movement built up demand for domestically produced whisky, expert says An employee pours a glass of Bourbon at The Bard Distillery in Graham, Ky., in March 2025. Ever since Trump launched his tariff war and started talking about annexation, angry consumers and lawmakers here have united behind a …
Read More »KKR, Kreate acquire South Korea’s Cheongna Logistics Center
GLOBAL investment firm KKR and its affiliated Korean asset manager, Kreate Asset Management, said on Tuesday they have purchased Cheongna Logistics Center, in what they called South Korea’s largest single-asset logistics deal. KKR is listed at the New York Stock Exchange. The companies did not disclose the financial terms of …
Read More »Citigroup board approves sale of Russia unit, flags $1.2 billion loss
CITIGROUP on Monday said its board approved the sale of its Russian unit, AO Citibank, to Renaissance Capital, in a deal that will lead to a pretax loss of about $1.2 billion that is largely related to currency translation. The deal is expected to close in the first half of …
Read More »Coupang announces $1.18 billion compensation to South Korean users for data leak
SEOUL — South Korean e-commerce company Coupang announced on Monday a compensation deal worth 1.69 trillion won ($1.18 billion) to holders of 33.7 million accounts for a massive data leak that triggered a backlash from users and lawmakers. Coupang logo is seen in this illustration taken on Feb. 11, 2025. Coupang …
Read More »Duty free shops say they’re still losing sales as cross-border travel plummets
Business at the Windsor-Detroit tunnel shop is down around 30 per cent, owner Abe Taqtaq said Business at Blue Water Duty Free is suffering as cross-border traffic plummets, co-owner Tania Lee says. (Submitted by Tania Lee) Owners of duty free shops say they continue to suffer the fallout from the U.S. …
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