Ottawa-based Calian GNSS is pausing shipments of GPS antennas destined for Elbit, an Israeli defence firm, after shipping some last weekend, the company told CBC News in a statement. Ottawa-based Calian’s move comes amid increasing scrutiny on Canadian exports. Ottawa-based Calian GNSS is pausing shipments of GPS antennas destined for …
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WASHINGTON, D.C. — US Treasury Secretary Scott Bessent said Tuesday that interviews for Federal Reserve Chair Jerome Powell’s replacement are set to take place around September 1 — with 11 candidates being considered for the position. President Donald Trump’s choice of Powell’s successor is a closely watched process, after the …
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The Canadian Union of Postal Workers presented new offers to Canada Post on Wednesday seeking higher wages while allowing for the addition of weekend delivery and part-time workers to the postal service. Workers rejected Crown corporation’s latest offer earlier this month. The Canadian Union of Postal Workers presented new offers …
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TOKYO — Japan-based tech investor SoftBank Group said Tuesday it will invest $2 billion in Intel, as the US government reportedly considers taking a 10-percent stake in the troubled US chip giant. The move is the latest in SoftBank’s succession of investments and business deals in the United States as …
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NEW YORK — Shares in Europe largely dipped Monday while Wall Street treaded water, as Ukrainian President Volodymyr Zelenskyy and European leaders met with US President Donald Trump in Washington on ending the war with Russia. In New York, the broad-based S&P 500 and tech-heavy Nasdaq closed flat, while the …
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WASHINGTON, D.C. — American lawmakers are using a trip to South Korea and Japan to explore how the United States can tap those allies’ shipbuilding expertise and capacity to help boost its own capabilities, which are dwarfed by those of China. Photo shows the Portsmouth Naval Shipyard in Kittery, Maine, …
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HONG KONG — Hong Kong’s debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70 percent next year amid falling sales and valuations for the city’s economically crucial property sector. Buildings stand in Hong Kong, China, on Feb. …
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TORONTO — Air Canada said it suspended plans to restart operations on Sunday after the union representing 10,000 flight attendants said it will defy a return to work order. The strike was already affecting about 130,000 travelers around the world per day during the peak summer travel season. The Canada …
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LONDON — Oil markets are set for a muted price reaction when they open on Sunday after United States President Donald Trump’s and Russian leader Vladimir Putin’s meeting in Alaska, at which Trump said a fully fledged peace deal was the aim for Ukraine rather than a ceasefire Trump said …
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CBC’s Marketplace rounds up the consumer and health news you need from the week. The consumer news you may have missed this 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 Marketplace newsletter every …
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