Officials in Washington are targeting a $300 billion US list of additional Chinese imports including laptop computers for tariff hikes, ratcheting up a trade fight that is shaking financial markets and fuelling fears about global economic growth. The release followed Beijing’s announcement Monday of tariffs of up to 25 per cent on
Torstar Corp. had a smaller loss in the first quarter than a year ago as cost reductions and provincial tax credits partly offset weaker revenue from advertising and flyer distribution, the media company said Wednesday. Its loss attributable to shareholders amounted to $7.4 million or nine cents per share. That
The Trump administration said Thursday it is re-evaluating its controversial plan to sharply expand offshore drilling as it responds to a court ruling that blocked oil and gas development off Alaska and parts of the Atlantic. Governors and lawmakers from both Republican- and Democratic-led states have strongly opposed the expanded
European Union countries gave final clearance on Monday to start formal trade talks with the United States after months of delay due to resistance from France. In the end, the EU governments voted by a clear majority to approve the negotiating mandates proposed by the European Commission, with France voting
Walt Disney Co. unveiled details of a family-friendly streaming service on Thursday with TV shows and movies from some of the world’s most popular entertainment franchises in a bid to challenge the digital dominance of Netflix. The ad-free monthly subscription called Disney+ is set to launch later this year. In addition
Equifax contravened Canada’s privacy law and fell short of its obligations to Canadians during and after a global data breach in 2017, federal privacy commissioner Daniel Therrien said Tuesday. More than 143 million people around the world, including 19,000 Canadians, were affected by unauthorized access the financial services company’s systems.
A new report by Royal Dutch Shell is urging Canada’s largest oil and gas lobby group to start supporting carbon tax policies in Canada. Shell’s position on climate change is different than about half of the trade associations it’s a part of around the world, including the Canadian Association of Petroleum