TOKYO: Japan’s consumer price inflation eased to 3.1 percent year on year in July, in line with market expectations, government data showed on Friday. The figure for the world’s third-largest economy, which excludes volatile fresh food prices, followed a 3.3-percent reading in June. EASING UP This photo taken on Aug. …
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WestJet, Air Canada face criticism over Yellowknife flights as wildfires rage
As wildfires burn across the Northwest Territories, Canada’s major airlines are facing criticism that not enough is being done to accommodate passengers looking to flee the region or change their flights. Canada’s major airlines field complaints that not enough being done to accommodate passengers. As wildfires burn across the Northwest …
Read More »Canopy Growth to sell Smiths Falls HQ back to Hershey
Cannabis company Canopy Growth Corp. announced Thursday it’s shutting down its Smiths Falls headquarters and selling the building back to its original owner, Hershey Canada Inc. Cannabis company to sell Hershey Drive facility for $53M. Eric Evoy shares he’s looking forward to the return of Hershey to his small town, …
Read More »Japan hit by trade deficit in July
TOKYO: Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas. Japan’s trade deficit totaled 78.7 billion yen ($539 million), the Finance Ministry said Thursday, the first trade deficit for the world’s third largest economy …
Read More »Suncor has been too focused on energy transition, must get back to fundamentals: CEO
The man hired to turn around the flagging fortunes of Suncor Energy said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centred business strategy. ‘We win by creating value through our large integrated asset base underpinned …
Read More »Taylor Swift fan frustration continues as RBC Avion ticket codes go fast — with a long waitlist
For the second time in barely a week, Canadian Taylor Swift fans have bad blood about being shut out of buying tickets to thus far the only Canadian stops on her world tour next year. Marketing professor says cruel summer for fans is a misstep for the brand. For the …
Read More »Investors seek suspension of new BIR tax rules
Big business groups including the American Chamber of Commerce (AmCham) of the Philippines and investor firms inside Clark and Subic freeports are urging the government to suspend and review the implementation of new rules of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act that have started to take …
Read More »Average house price hit $668,754 in July, up by more than 6% in past year
July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said Tuesday. Pace of sales picking up after bottoming out, realtor group says. July home sales saw the largest year-over-year increase in more than two years, …
Read More »Canadian corporate ethics czar launches probe of Ralph Lauren over alleged use of forced labour
Ottawa’s corporate ethics watchdog has announced an investigation into fashion company Ralph Lauren over the alleged use of forced labour in its supply chains. Watchdog also has asked Toronto-based mining company GobiMin to improve its policies. Ottawa’s corporate-ethics watchdog has announced an investigation into fashion company Ralph Lauren over the …
Read More »China stops releasing youth jobs data
BEIJING: China said it would stop publishing data on its rising youth unemployment rate on Tuesday, as it released a raft of disappointing figures that stoked concerns over the state of the world’s second-largest economy. Shortly before the latest uninspiring indicators were published, the central bank cut a key interest …
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