Skip to content

National Business

Deutsche Bank net profit falls due to pandemic

Deutsche Bank net profit falls due to pandemic

FRANKFURT — Deutsche Bank has reported that its net income fell to 66 million euros ($72 million) in the first quarter as the pandemic hurt its business.
Questions swirl as Fed meets amid deepening economic crisis

Questions swirl as Fed meets amid deepening economic crisis

WASHINGTON — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrophe since the Great Depression.
Silvercorp Metals strikes $105-million deal to buy Guyana Goldfields

Silvercorp Metals strikes $105-million deal to buy Guyana Goldfields

VANCOUVER — Silvercorp Metals Inc. says it has struck a deal to buy Guyana Goldfields Inc. in a cash-and-shares transaction worth about $105 million.
DavidsTea reports Q4 sales down from year ago, but e-commerce and wholesale up

DavidsTea reports Q4 sales down from year ago, but e-commerce and wholesale up

MONTREAL — DavidsTea Inc. said Monday it faces the possibility of being delisted from the Nasdaq due to its low stock price as it provided an operational update amid the COVID-19 pandemic.
Georgia restaurants allowed to reopen as restrictions loosen

Georgia restaurants allowed to reopen as restrictions loosen

ATLANTA — Some Georgia restaurants were reopening for limited dine-in service Monday as the state continued a loosening of coronavirus restrictions, but many chose to remain closed for the time being.
CFIB says some business owners may qualify for federal COVID-19 wage subsidies

CFIB says some business owners may qualify for federal COVID-19 wage subsidies

TORONTO — As the federal government begins accepting applications for the Canada Emergency Wage Subsidy to soften the economic blow of the COVID-19 outbreak, many business owners wonder if their own wages are covered.
Undefeated, high schoolers head online for isolation proms

Undefeated, high schoolers head online for isolation proms

NEW YORK — In party dresses or come as you are, with colored lights flashing in their bedrooms and teachers-turned-DJs spinning, high schoolers have turned to virtual proms to salvage at least one slice of fun and tradition for the Class of 2020.
Stephen Sondheim gets starry but tardy 90th birthday concert

Stephen Sondheim gets starry but tardy 90th birthday concert

NEW YORK — Josh Groban, Nathan Lane and Jake Gyllenhaal honoured composer and lyricist Stephen Sondheim on Sunday with an online 90th birthday concert that was stuffed with his songs, but delayed by technical difficulties.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: CN update Canadian National Railway Co. executives will discuss first-quarter earnings on Monday after markets close. Rival Canadian Pacific Railway Ltd.
Trans Mountain, LNG Canada say they are on track despite pandemic

Trans Mountain, LNG Canada say they are on track despite pandemic

VANCOUER, B.C. — Energy projects like an LNG Canada export terminal and the Trans Mountain pipeline expansion may face short-term setbacks but the pandemic and oil price crash shouldn't threaten their long-term viability, economists say.
Rogers Media
6080 Young Street Halifax, NS, B3K 5L2 © 2006-2020 Rogers Media. All rights reserved.