Skip to content

National Business

SEC charges Volkswagen, former CEO with defrauding investors

SEC charges Volkswagen, former CEO with defrauding investors

WASHINGTON — U.S. regulators charged Volkswagen and former CEO Martin Winterkorn with defrauding investors during its massive diesel emissions scandal. The charges from the U.S.
China's premier denies Beijing tells companies to spy

China's premier denies Beijing tells companies to spy

BEIJING — China's No. 2 leader denied that Beijing tells its tech companies to spy abroad and promised Friday to treat foreign and domestic competitors equally in an effort to defuse tensions with Washington and Europe.
Rising global debt holding back growth, opening up vulnerabilities: central bank

Rising global debt holding back growth, opening up vulnerabilities: central bank

OTTAWA — The Bank of Canada's senior deputy governor says an explosion of global debt over the last decade is a top concern that she argues is holding back economic growth and creating vulnerabilities in the world's financial system.
Vegas Sands-Macau dealmaker settle 15-year case

Vegas Sands-Macau dealmaker settle 15-year case

LAS VEGAS — A settlement Thursday ended a 15-year breach-of-contract battle between Las Vegas Sands Corp. and a Hong Kong businessman who helped the U.S. company open its first casino in the Chinese gambling enclave of Macau.

WSP Global reports bigger profits, backlog as it aspires to engineering pantheon

MONTREAL — WSP Global Inc. bolstered its backlog to $7.7 billion last quarter following its acquisition of New Jersey-based Berger Group Holdings Inc. in December as the company continues a push for growth.
Transat confronts 'weak outlook' as stock plummets to six-year low

Transat confronts 'weak outlook' as stock plummets to six-year low

MONTREAL — Transat A.T. saw its stock drop to a nearly six-year low Thursday as the travel company faces falling profits, higher costs and rising competition from Canadian airlines amid a transition toward sun destinations and beachside resorts.
Materials sector leads Toronto market declines, U.S. indices largely flat

Materials sector leads Toronto market declines, U.S. indices largely flat

TORONTO — The materials sector led a broad-based decline Thursday on Canada's main stock index while U.S. markets were largely flat. The S&P/TSX composite index closed down 62.42 points at 16,087.55 after trading as high as 16,144.
Canadian regulators eye framework to cover crypto trading platforms

Canadian regulators eye framework to cover crypto trading platforms

TORONTO — The regulatory bodies that oversee Canada's stock markets are seeking feedback on what requirements are appropriate for platforms that trade cryptocurrencies such as Bitcoin, Ethereum and Ripple.
Governments provide $90 million for Canadian Natural clean tech projects

Governments provide $90 million for Canadian Natural clean tech projects

CALGARY — The federal and Alberta governments are pledging almost $90 million to fund clean technology developments at major oilsands producer Canadian Natural Resources Ltd.
Unpaid restaurant work exploitative for people in precarious positions

Unpaid restaurant work exploitative for people in precarious positions

Brianne Middleton once came into work 30 minutes early, changed into her chef uniform and started cutting vegetables in advance only to receive a stern talking to from her boss.
Rogers Media
6080 Young Street Halifax, NS, B3K 5L2 © 2006-2019 Rogers Media. All rights reserved.