Business

07:08, 06/09/2018

LONDON—Britain’s Burberry will no longer burn millions of pounds worth of unsold luxury goods or use real fur in its collections following a furor over it environmental record. It admitted in Ju...

07:47, 05/09/2018

LONDON—The 3.9 billion-pound ($5.1 billion) sale of the Costa coffee chain to Coca-Cola began brewing when Whitbread’s boss Alison Brittain crossed paths with the chief executive of the soft dri...

18:16, 31/08/2018

The Oracle of Omaha is adding to his already large stake in Apple Inc. Warren Buffett, 88, likes the technology giant because of its devoted customers, and has built up his stake in the company by “ju...

17:09, 28/08/2018

More frequent price changes for goods and a rise in the consistency of pricing due to the growth of online retailers may be affecting inflation, according to an academic paper presented on August 25 t...

09:32, 27/08/2018

Alibaba Group Holding Ltd, China’s biggest e-commerce firm topped first-quarter revenue estimates on Aug. 23 but said investments in its food delivery business would continue to weigh on profits...

19:13, 24/08/2018

Shares of Gap Inc fell 8 pct in premarket trading on Friday, a day after the company’s namesake brand posted another bigger-than-expected drop in comparable sales, raising concerns around the un...

14:35, 23/08/2018

A Missouri trial court judge has affirmed the massive $4.69 billion verdict against Johnson & Johnson in a case involving 22 women and their families who alleged the company’s talc-based pro...

08:43, 20/08/2018

SAN FRANCISCO—The U.S. government is trying to force Facebook Inc. to break the encryption in its popular Messenger app so law enforcement may listen to a suspect’s voice conversations in a crim...

20:01, 17/08/2018

NEW YORK—Walmart Inc reported quarterly earnings and sales that topped estimates on Thursday, driven by strong grocery sales and a revamped website that boosted online purchases, and the company’...

07:16, 16/08/2018

Tucked away in an inner city suburb of Melbourne is a grocery store with a difference—there are no prices. “The idea was to make a difference in the food waste crisis,” says Inconvenience ...

09:09, 12/08/2018

Twitter CEO Jack Dorsey and Vice President Del Harvey said they plan to further “evolve” the social-media platform’s policies to counter “hate speech,” after discussions with company employees r...

06:32, 10/08/2018

NEW DELHI—Indian ride-hailing firm Ola said on Tuesday it plans to launch services in Britain this year, months after expanding operations in Australia, intensifying its rivalry with U.S. peer Uber Te...

10:01, 06/08/2018

The Environmental Protection Agency proposed a set of new fuel economy and emissions standards on Aug. 2, estimated to result in 12,700 fewer traffic deaths, make passenger cars more affordable, and g...

08:16, 04/08/2018

FRANKFURT—Deutsche Bank has uncovered shortcomings in its ability to fully identify clients and the source of their wealth, internal documents seen by Reuters show, more than a year after it was fined...

07:52, 30/07/2018

Facebook CEO Mark Zuckerberg’s fortune is set to take a $16 billion hit on Thursday, as the social media giant braces for the biggest one-day wipeout in U.S. stock market history, a day after it...

09:19, 29/07/2018

Twitter Inc. is introducing a stricter application process for developers that want access to the social platform’s data and removing more apps that violate its code of conduct, part of the continuing...

18:44, 27/07/2018

NEWS ANALYSIS A robust economy and stock market are invigorating consumers’ wallets. Supported by an even stronger economy south of the border, retail in Canada has maintained its uptrend while digest...

08:23, 25/07/2018

WASHINGTON—The White House hosted the second annual “Made in America” event on July 23, showcasing American-made goods from 50 states. Among the American products displayed were snowboards from Colora...

07:19, 24/07/2018

Facebook Inc. set a company record for lobbying spending in the second quarter, the period during which Chief Executive Officer Mark Zuckerberg testified before Congress and the social media giant fac...

18:37, 20/07/2018

WASHINGTON— The U.S. House Judiciary Committee held a hearing on July 17 to take testimony from Facebook, YouTube, and Twitter on whether social media giants are filtering content for political reason...

15:15, 04/09/2018

LONDON—Oil prices rose on Sept. 3, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply from OPEC and ...

07:52, 01/09/2018

LONDON—A scorching hot, dry summer has ended five years of plenty in many wheat producing countries and drawn down the reserves of major exporters to their lowest level since 2007/08, when low grain s ...

09:26, 29/08/2018

Companies buying back their own shares is now one of the biggest sources of demand for stocks, helping propel the S&P 500 to new record highs. Goldman Sachs expects the amount of stock bought back ...

07:00, 21/08/2018

SAO PAULO—Fears of e-commerce taking off in Brazil have sunk shares of the country’s big mall operators this year, but industry executives expressed confidence that local shopping habits, the re ...

09:13, 15/08/2018

ISTANBUL—The Turkish lira plunged to a record low on Monday after the Trump administration said it was reviewing Turkey’s duty-free access to the U.S. market, a move that could affect $1.7 billi ...

13:08, 09/08/2018

In his newsletter and blog “Altucher Confidential,” maverick investor and author James Altucher usually focuses on out of the box investments like obscure pharma stocks, or buying a laundr ...

08:47, 08/08/2018

NEW YORK—The likelihood of a Democratic party takeover of at least one house of the U.S. Congress in the midterm elections in November is prompting some portfolio managers to move more money to cash a ...

10:01, 26/07/2018

American hard money advocate, economist, and publisher Franz Pick once called government bonds “Guaranteed Certificates of Confiscation.” In making that statement, he assumed the government would even ...

09:03, 23/07/2018

NEWS ANALYSIS The Canadian stock market has long been a laggard globally, but it reached record highs last week and outperformed the S&P 500 by 3 percent in the second quarter. The Canadian econom ...

20:39, 19/07/2018

China resorts to predatory trade and investment practices and should be held accountable for its bad behavior, according to two key House Republicans. “China does not share our values. We have long se ...

21:31, 17/07/2018

The United States is on track to surpass both Saudi Arabia and Russia to become the world’s largest oil producer, for the first time since the 1970s. U.S. crude oil production will average 10.8 ...

15:26, 10/07/2018

Malaysia suspended three of its largest China-backed projects worth $22 billion on Thursday. The projects in question are the $20 billion East Coast Rail Link and two pipeline projects that cost more ...

20:02, 07/07/2018

Top U.S. automakers reported stronger June sales, as consumers continued to snap up sport utility vehicles and trucks in larger numbers, parking for now worries about rising fuel prices, higher intere ...

05:16, 04/07/2018

The market for initial public offerings on American stock exchanges recorded the highest volume since 2012 in the first half of this year. A total of 120 companies raised $35.2 billion through initial ...

07:50, 24/06/2018

In an effort to tackle a looming oil supply shortage, the Organization of the Petroleum Exporting Countries (OPEC) will be discussing output levels at its biannual meeting in Vienna on June 22–23. The ...

16:30, 21/06/2018

The First Trust Nasdaq Cybersecurity ETF (exchange-traded fund) opened under the ticket CIBR. Securities must be classified as Cybersecurity company to be included. An ETF tracks a set of equities and ...

08:28, 19/06/2018

BRUSSELS—Although there has been the controversy over bubbles and fraud, the new technology called block chain and the cryptocurrency are increasingly being accepted as the stream of time in which peo ...

08:59, 13/06/2018

MUMBAI/STOCKHOLM—IKEA is set to open its first store in India next month, and the world’s biggest furniture retailer is localizing its offering – from the food menu to its “do-it-you ...

18:24, 11/06/2018

Quantum computing is here, although it’s far away from making it into the mainstream. To make a long story short, it will revolutionize computer hardware and be a lot faster than traditional mac ...

09:03, 07/09/2018

Home ownership in Canada fell for the first time in over 45 years, according to a Point2Homes study released this week. It had reached a record high of 69 percent in 2011, but as of 2016, it fell to 6 ...

09:24, 18/08/2018

NEWS ANALYSIS It’s about time Montreal’s real estate market saw some of the excitement that Toronto’s and Vancouver’s have garnered in recent years. The fundamentals of the market are solid: Strong po ...

14:34, 02/08/2018

Since the lows of June, financials have rebounded more than 10 percent, even as trade and the flattening Treasury yield curve have dominated the Wall Street narrative. The bloom is off the rose in rea ...

07:19, 21/07/2018

There is an impressive collection of prestigious building and development awards in the boardroom of the Times Group’s corporate headquarters in Markham, but chasing awards is not what drives the 30-y ...

06:17, 06/07/2018

Edge Towers, a new three-tower condo project in Mississauga by Solmar Development Corp., boasts a location that is as central as they come. The community will be situated along Hurontario Street, Miss ...

16:24, 30/06/2018

VICTORIA—British Columbia’s government wants to crack down on tax evasion in the condominium market and has given municipalities more control over rental housing as it looks for ways of easing a housi ...

14:28, 29/06/2018

Condos will continue to be the dominant force in the Toronto real estate market in 2018 for affordability and lifestyle reasons. While this year’s sales may not top the recording-setting year 2017 was ...

15:53, 26/06/2018

A ranch in Rainbow Valley, Arizona, that is on the market for $5 million has generated a buzz, and not because it has a 10-foot swimming pool, five-bedrooms and four-bathrooms on almost 10 acres of la ...

16:15, 25/06/2018

Over the last decade, Elad Canada has established a reputation as a forward-thinking, reputable developer with transformative projects such as Emerald City in North York. Over the last 10 years, Elad ...

08:39, 16/06/2018

Toronto’s housing market keeps cooling off with sales falling sharply, but prices remain stable in aggregate, according to the Toronto Real Estate Board’s monthly news release. Home sales in the Great ...

10:16, 15/06/2018

The residential mortgage market in Canada faces a rocky 2018 as it deals with a new stress test for borrower eligibility amid a backdrop of rising interest rates. The fallout from the new rule has imp ...