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Air Canada reduces first-quarter capacity by 25 per cent, cuts 1,700 jobs
MONTREAL — Air Canada is cutting 1,700 jobs and scaling down its operations as the cumulative effects of lockdown restrictions, slumping travel demand and new COVID-19 testing rules take their toll on the airline industry.
Jan 13, 2021 12:59 PM
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NB Liquor and Cannabis NB report third quarter sales increases and profits
FREDERICTON — NB Liquor and Cannabis NB are both reporting third quarter revenue increases. The two Crown corporations released their third quarter figures Wednesday for the period ending Dec. 27, 2020.
Jan 13, 2021 12:51 PM
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Trump business backlash part of 'cancel culture,' son says
NEW YORK — The PGA cancelled its tournament at his golf course. Banks say they won’t lend to him anymore. New York City is ending his contract to operate the Central Park skating rink.
Jan 13, 2021 12:43 PM
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Airlines have turned away hundreds of passengers since launch of new testing mandate
MONTREAL — Canada's new COVID-19 testing requirement for international travellers has caused hundreds of people to miss flights in just the first week of the program's rollout.
Jan 13, 2021 11:32 AM
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Norwegian company signals focus shift to East Coast after selling oilsands interests
CALGARY — The Canadian arm of Norwegian oil giant Equinor ASA says it has closed its downtown Calgary office and is moving staff to St. John's, N.L.
Jan 13, 2021 11:08 AM
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Shaw Communications says year off to great start despite pandemic
CALGARY — Shaw Communications Inc. says its fiscal year got off to great start despite the ongoing impact from the COVID-19 pandemic.
Jan 13, 2021 11:05 AM
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Turkey approves China-based Sinovac vaccine's emergency use
ANKARA, Turkey — Turkish authorities gave the go-ahead for the emergency use of the COVID-19 vaccine produced by China’s Sinovac Biotech Ltd.
Jan 13, 2021 10:53 AM
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Couche-Tard shares plunge as analysts question $25B offer for grocery chain Carrefour
Alimentation Couche-Tard's $25-billion potential play for French-based grocery chain Carrefour SA got a thumbs down from its own investors and skeptical analysts. The Quebec-based company's shares plunged 10.5 per cent, or $4.35 at $36.
Jan 13, 2021 10:25 AM
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Consumer prices up 0.4% in December led by higher gas prices
WASHINGTON — U.S. consumer prices rose 0.4% in December, led by a sharp rise in gasoline prices. Last month's increase, the largest in four months, followed a 0.
Jan 13, 2021 9:44 AM
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Indonesia starts mass COVID vaccinations over vast territory
JAKARTA, Indonesia — Indonesian President Joko Widodo received the first shot of a Chinese-made coronavirus vaccine Wednesday after the government authorized it for emergency use and began efforts to vaccinate millions of people across the vast archi
Jan 13, 2021 9:28 AM
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