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World shares retreat, Japan higher

TOKYO — World markets were mostly lower Friday though Japan’s benchmark jumped as it caught up after a holiday. Shares…

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Canada jumps up list of billionaire countries in new report

TORONTO — Canada added seven billionaires in 2020, increasing its total to 53, tied for 12th-most in the world, up…

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Cineplex’s pandemic response was similar to prospective buyer, other retailers: CEO

TORONTO — The chief executive of Cineplex Inc. says his company’s decision to slow payments to film studios and seek…

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Business

‘Canadian tuxedo’ no more: Lululemon replaces Hudson’s Bay as Canada’s Olympic clothier

TORONTO — Canada’s Olympic team appears to be putting their meme-worthy formal wear to bed after announcing a partnership with…

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Taiwan asks to join trade group, says China might interfere

TAIPEI, TAIWAN — Taiwan announced Thursday it has applied to join an 11-nation Pacific trade group, setting up a potential…

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Business

Asian shares, Wall Street log gains after U.S. Fed statement

Asian shares were mostly higher on Thursday after the U.S. Federal Reserve signaled it may begin easing its extraordinary support…

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Business

BlackBerry net loss surges to US$144 million in Q2 as revenue drops 32 per cent

WATERLOO, ONT. — BlackBerry Ltd. says its net loss surged to US$144 million in its latest quarter as revenues fell…

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Business

U.S. Federal Reserve foresees a potential rate hike as soon as next year

WASHINGTON — The U.S. Federal Reserve signalled Wednesday that it may start raising its benchmark interest rate sometime next year,…

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Business

CIBC launches first new corporate logo for bank in almost 20 years

TORONTO — CIBC has unveiled its first new logo in almost 20 years as the bank looks to refresh its…

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Business

McDonald’s Happy Meal toys to go green globally by 2025

McDonald’s Corp said on Tuesday it will drastically cut the use of plastic in the more than 1 billion children’s…

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