May 18th, 2024

Business

Apple Music reveals top music in 2020 and listener charts

By Mark Kennedy, The Associated Press on November 29th, 2022

NEW YORK (AP) – “Stay,” the smash hit by The Kid Laroi and Justin Bieber topped Apple Music’s global song chart in 2022 as the giant music streamer released its end-of-year lists and provided listeners with data on their own most listened-to tunes. “Stay,” which stayed atop the Billboard Hot 100 for seven weeks this ... Read More »

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The AP Interview: IMF head urges China to end mass lockdowns

By David Mchugh, The Associated Press on November 29th, 2022

BERLIN (AP) – It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary Fund said days after widespread protests broke out, a change that would ease the impact to a world economy already struggling with high inflation, an energy crisis ... Read More »

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Canadian economy grew at annualized rate of 2.9% in third quarter

By The Canadian Press on November 29th, 2022

OTTAWA – The Canadian economy grew at an annualized rate of 2.9 per cent in the third quarter, Statistics Canada said. The federal agency released two reports on real gross domestic product Tuesday, shedding light on economic growth in September and the third quarter of the year. Real domestic product in the third quarter increased ... Read More »

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TC Energy expects cost of Coastal GasLink pipeline project to rise

By The Canadian Press on November 29th, 2022

CALGARY – TC Energy Corp. says it expects what it is calling a material increase in the cost of its Coastal GasLink pipeline project. The company says it continues to face significant cost pressures in Western Canada relating to labour costs and shortages of skilled labour, along with contractor underperformance and disputes. TC Energy says ... Read More »

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Canadian economy grew by 0.7 per cent in third quarter

By The Canadian Press on November 29th, 2022

OTTAWA – The Canadian economy grew at an annualized rate of 2.9 per cent in the third quarter, Statistics Canada said. The federal agency released two reports on real gross domestic product Tuesday, shedding light on economic growth in September and the third quarter of the year. Real domestic product in the third quarter increased ... Read More »

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AP Interview: IMF chief urges targeted COVID policy in China

By David Mchugh, The Associated Press on November 29th, 2022

BERLIN (AP) – It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary Fund said days after widespread protests broke out, a change that would ease the impact to a world economy already struggling with high inflation, an energy crisis ... Read More »

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Suncor to keep Petro-Canada retail business after comprehensive review of business

By The Canadian Press on November 29th, 2022

Suncor Energy Inc. says it has decided to keep its Petro-Canada retail business after a comprehensive review that included what it would mean to sell the operations. The company says instead it will look to improve its retail operations including expanding strategic partnerships in non-fuel related businesses such as quick service restaurants, convenience stores, loyalty ... Read More »

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Canadian Press NewsAlert: Suncor to keep Petro-Canada retail business after review

By The Canadian Press on November 29th, 2022

Suncor Energy Inc. says it has decided to keep its Petro-Canada retail business after a comprehensive review of the business. More coming. Companies in this story: (TSX:SU)... Read More »

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Millennial Money: 4 reasons for thrift store gifts this year

By Kelsey Sheehy Of Nerdwallet, The Associated Press on November 29th, 2022

Thrifting is hot, and Goodwill finds are cool again. But while we’re thrilled to find the perfect throwback tee for our own closet, gifting used goods still carries a stigma for some. It shouldn’t. Secondhand gifts are better for your wallet, your community and the environment. “The planet is drowning in excess stuff,” says Lauren ... Read More »

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Royal Bank of Canada signs deal to buy HSBC Canada for $13.5 billion

By The Canadian Press on November 29th, 2022

TORONTO – Royal Bank of Canada has signed deal to acquire HSBC Bank Canada for $13.5 billion in cash. RBC chief executive Dave McKay says the deal positions RBC as the bank of choice for commercial clients with international needs, newcomers to Canada and affluent clients who need global banking and wealth management capabilities. Global ... Read More »

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Scotiabank reports $2.09B Q4 profit, down from $2.56B a year ago

By The Canadian Press on November 29th, 2022

TORONTO – Scotiabank reported fourth-quarter net income of $2.09 billion, down from $2.56 billion in the same quarter last year. The bank says the profit amounted to $1.63 per diluted share for the quarter ended Oct. 31, down from $1.97 per diluted share a year earlier. Revenue for the quarter totalled $7.63 billion, down from ... Read More »

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