Business

Ukrainian envoy says US raised concerns about strikes aimed at Russia that impacted US oil interests

WASHINGTON (AP) — The U.S. State Department has expressed its displeasure about Ukraine’s recent attacks on the ⁠ Russian port of Novorossiysk on the Black Sea that have impacted U.S. oil interests...

1h ago

Desjardins reports revenue, earnings up as assets top $510 billion

LÉVIS — Desjardins Group says its revenue and earnings rose last year despite putting more provisions aside for potentially bad loans. The Quebec-based financial co-operative says it had surplus earnings...

2h ago

Have an upcoming Mexico trip? Here's what you should know as warnings remain in place

March break is around the corner and safety concerns continue to swirl for tourists planning a sunny getaway in Mexico. It comes after widespread violence prompted airlines to temporarily suspend service...

2h ago

One believed to be dead in Fraser Lake, B.C., fire that destroyed inn and business

FRASER LAKE — Police in Fraser Lake, B.C., say a man is missing and thought to be dead after a fire destroyed a local inn and an adjacent business. RCMP say the fire at the Fraser Lake Inn was reported...

4h ago

Nova Scotia announces financial framework for its emerging offshore wind industry

HALIFAX — The Nova Scotia government introduced legislation on Tuesday it says will ensure the province reaps financial benefits from Canada’s first offshore wind projects. Under the proposed Offshore...

1h ago

Russia opens criminal investigation against Telegram app founder Pavel Durov

MOSCOW (AP) — Pavel Durov, the founder of the Telegram messaging app, said Tuesday that the Russian government had opened a criminal investigation against him on charges of “aiding terrorism.” ...

4h ago

Thomson Reuters says one million professionals using CoCounsel, shares soar

TORONTO — Shares of Thomson Reuters Corp. rose more than 10 per cent in trading Tuesday after the company said one million professionals are using its CoCounsel AI technology. The shares were up $13.09...

4h ago

British Columbia business leaders call for PST expansion to be scrapped

VICTORIA — A coalition of business leaders says British Columbia's government must scrap the planned expansion of provincial sales tax to a range of professional services, saying it will depress economic...

4h ago

Spirit Airlines expects to exit Chapter 11 bankruptcy by summer

Spirit Airlines’ parent company says it expects to exit Chapter 11 bankruptcy in the late spring or early summer, after striking a preliminary deal with its lenders and secured creditors that provides...

4h ago

Seafood tycoon John Risley sold art, planes as loan interest spiralled: court filings

ST. JOHN'S — An investment firm owned by seafood tycoon John Risley sold off planes and art in an effort to pay down a US$250-million loan that had ballooned to nearly US$1 billion under punishing interest...

1h ago