Skip to content
12.0 °Cforecast >
Light Rain

National Business

EU ramps up pressure on UK at new round of Brexit talks

EU ramps up pressure on UK at new round of Brexit talks

BRUSSELS — The European Union ramped up pressure on Britain at a new round of Brexit talks Monday as it ruled out broadening the negotiations any time soon and warned that time is running out for Prime Minister Theresa May to clinch a deal.
Contractors accuse Iraq of shake downs to force tax payments

Contractors accuse Iraq of shake downs to force tax payments

WASHINGTON — American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they've warned the Trump administration is hampering the fight against Islamic Stat

Alipay partners with Canadian tech firm to expand presence in Canada

TORONTO — Chinese online payment platform Alipay has partnered with tech firm SnapPay Inc. to enable Canadian retailers to accept Chinese currency from Chinese shoppers through a mobile wallet.
Airbnb launches local tours in NYC with Sarah Jessica Parker

Airbnb launches local tours in NYC with Sarah Jessica Parker

Airbnb is launching local tours and other experiences in New York City this week, with one listing promising "an unforgettable shoe-shopping experience" led by a New Yorker whose bio describes her as "an actor, producer, businesswoman ...

Striking GM CAMI workers awaiting response to weekend contract proposal

TORONTO — The union representing 2,500 striking workers at GM Canada's CAMI assembly plant in Ingersoll, Ont., says the company has yet to respond to a comprehensive proposal put forward on the weekend.
Australia to create its own space agency for economic boost

Australia to create its own space agency for economic boost

CANBERRA, Australia — Australia announced on Monday it will create its own space agency to increase its share of the $330 billion space economy.

American business group says loss of free trade with U.S. would be a big concern

OTTAWA — A new report says potential changes to NAFTA and a loss of free trade with the United States represent the biggest concerns for a number of big American firms operating in this country.

UK central bank warns over rise in consumer credit

LONDON — The Bank of England warned Monday of "a pocket of risk" in the rapid growth of consumer credit in the British economy, and is compelling lenders to hold an extra 10 billion pounds ($13.
French truck drivers block roads to protest labour changes

French truck drivers block roads to protest labour changes

PARIS — French truck drivers staged road blockages near fuel depots across the country Monday to protest against President Emmanuel Macron's changes to labour laws.

French truck drivers block roads, reject labour reforms

PARIS — French truck drivers have organized road blockades on highways and near fuel depots across the country to protest against President Emmanuel Macron's changes to labour laws.