economy news: canada
- ECONOMY
With Rate Increases Looming, Investors Dump Shares of Money-Losing Companies
Moonshot stocks are coming back to Earth. As the Federal Reserve moves closer to raising interest rates, investors are repricing…
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In Battle for Workers, the Humble 401(k) Gets Richer in 2022
Facebook’s parent and consulting firm KPMG U.S. are among a growing number of companies putting more money into employees’ 401(k)…
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UK regulator fines Mastercard and four others over prepaid cards cartel
Mastercard and four other companies have been fined more than £33m for operating a cartel in the market for prepaid…
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UK average earnings start to fall despite labour shortage
The UK’s labour shortage worsened at the end of 2021, with vacancies climbing to a record, but average earnings began…
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Citigroup Nears Sale of Taiwan Consumer-Banking Business
HONG KONG— Citigroup Inc. C -1.25% is nearing a sale of its retail banking franchise in Taiwan to DBS Group…
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Murray overcomes Basilashvili in five-set Australian Open marathon
T hree years after Andy Murray’s ‘retirement’ video played out on the big screen at the Australian Open, the Briton…
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Tonga volcano relief effort complicated by ‘Covid-free’ policy
Humanitarian efforts to assist Tonga after a volcanic eruption are being complicated by the South Pacific nation’s determination to keep…
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Jobs market still booming – but pay is now starting to fall
While the jobs market remains healthy, the spectre of rising prices could lead to a cost of living squeeze even…
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Covid passes boosted economies and vaccine uptake, study shows
European countries that introduced Covid passes increased uptake for vaccines and improved public health and economic performance, potentially helping to…
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Industry steels itself for challenge of ‘net zero’ manufacturing
In October last year, Volvo Group unveiled the world’s first vehicle made using “green” steel. The autonomous electric truck weighed…
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