National Business

LONDON (AP) — Music streaming service Spotify said Monday it's cutting 6% of its global workforce, or about 600 jobs, becoming yet another tech company forced to rethink its pandemic-era expansion as the economic outlook weakens.

MOSCOW (AP) — Russia and Estonia on Monday were expelling the ambassadors from each other's countries in a tit-for-tat move, saying that their diplomatic missions will be headed by charges d'affaires as relations between the countries sank to a new l

TORONTO — Exco Technologies Ltd. says three of its factories have been hit by what it is calling a cybersecurity incident.

TORONTO — Uber Canada says the United Food and Commercial Workers Canada (UFCW Canada) union provided services to almost 800 Uber drivers and couriers dealing with disputes with the company last year.

VANCOUVER — Ritchie Bros. Auctioneers Inc. is changing the terms of its proposal to buy IAA Inc. to increase the proportion of cash offered but trim the overall value of the bid.

TORONTO — Globalive is looking to return to the Canadian wireless market with an offer to buy spectrum licenses from former wireless company Xplore Mobile.

OTTAWA — What goes up doesn't necessarily come down. That's contrary to the sentiment of a surprisingly large proportion of respondents to the Bank of Canada's quarterly consumer expectations survey, released last week.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Rogers-Shaw appeal The Federal Court of Appeal will hear the Competition Bureau's appeal of a decision that cleared the way for Rogers Communication Inc.

TORONTO — As workers in Toronto's Financial District scurry through the Brookfield Place food court on their lunch breaks, the darkened Starbucks at the space's far end looms large.

SAN FRANCISCO (AP) — Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.