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Claims for jobless benefits drop by 4,000
WASHINGTON — The number of Americans filing new claims for unemployment insurance fell last week for a second straight week, an indication that the coronavirus had not yet hit the labour market in a major way.
Mar 12, 2020 9:22 AM
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Dorel says factories in China delayed by COVID-19, production delayed
MONTREAL — Dorel Industries Inc. says its suppliers based in China delayed re-opening following the Chinese New Year due to the COVID-19 outbreak, with production delayed by two weeks in most cases.
Mar 12, 2020 8:51 AM
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Canadian Tire names Greg Hicks as new chief executive
TORONTO — Canadian Tire Corp. Ltd. has named Greg Hicks as president and chief executive, effective immediately. Hicks takes over from Stephen Wetmore, who is also stepping down as a member of the board.
Mar 12, 2020 7:53 AM
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WHO declares coronavirus a pandemic, urges aggressive action
GENEVA — The World Health Organization declared the coronavirus a pandemic and urged aggressive action from all countries to fight it, as U.S.
Mar 12, 2020 12:42 AM
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Asian shares sink after Dow hit bear level on pandemic news
TOKYO — Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan's benchmark Nikkei 225 dived 4.2% in morning trading to 18,591.01. Australia's S&P/ASX 200 dropped 5.
Mar 11, 2020 11:52 PM
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Eric Martel leaving Hydro-Quebec to become president, CEO of Bombardier
MONTREAL — Bombardier Inc. is replacing chief executive Alain Bellemare as it moves ahead with its new focus on business jets.
Mar 11, 2020 10:58 PM
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Boeing sees 2020 as challenging as any year in recent past
Boeing is painting a sobering picture for its business in 2020.
Mar 11, 2020 6:58 PM
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UK interest rates cut, funds freed up to ease virus impact
LONDON — Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) stimulus package and the Bank of England slashed its key interest rate to a record l
Mar 11, 2020 6:57 PM
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Report sounds alarm over truck driver shortage as job vacancies rise
MONTREAL — Canada's truck driver shortage has reached new heights, with job vacancies more than doubling since 2016, a new report says. A shortage of more than 20,000 drivers has hampered truck company expansions and hurt sales, costing nearly $3.
Mar 11, 2020 5:29 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,270.09, down 688 points). Cenovus Energy Inc. (TSX:CVE). Energy. Down nine cents, or 2.12 per cent, to $4.16 on 23.
Mar 11, 2020 5:22 PM
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