Microsoft said on Monday it would cut 4,800 jobs, or about 2.1 per cent of its global workforce, including overhauling its Xbox gaming business and divesting up to five studios as it looks to boost returns after years of heavy investment in the ...
The Iran war both hampered business confidence and sent inflation expectations soaring, the Bank of Canada revealed in a new set of business outlook surveys published Monday.
Air Canada is once again scaling back flights to the U.S. amid high jet fuel costs and lower demand for trips south of the border. Air Canada, WestJet and Air Transat all made cuts to their summer flight capacity to the U.S. earlier this year as the ...
Rogers Communications Inc. says it has signed a deal to buy the remaining 25 per cent stake in Maple Leaf Sports & Entertainment it does not already own from Kilmer Sports Inc. for $4.35 billion.
The Canadian government told the Trump administration that new legislation combatting forced labour in supply chains should shield Canada from new tariffs.
Manitoba sets aside $1 million a year to spend on its U.S. trade office -- $200,000 more than the NDP government previously disclosed, according to documents obtained by CBC News.
Prediction markets, based on the idea that anybody can profit from predicting the outcome of an event, are about to make their way to Canada. But research suggests only a fraction of sophisticated users reap the benefits due to their extensive ...
Canada's ambitious new nuclear strategy has called for private investment to help expand the industry. Given that nuclear power plants are notoriously expensive to build, the government will have to heavily de-risk the ventures to attract large ...
Energy experts and economists say Alberta's public-private pitch may be the only way to get a pipelines done in today's context, but if there are benefits, they could go beyond just the oil and gas industry.