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National Business
National Business
'Dramatic' dispute over who will lead Gildan shows perils of succession planning
MONTREAL — The ongoing dispute between Gildan Activewear Inc.
Jan 29, 2024 12:49 PM
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Leon's Furniture planning nearly 4,000-home real estate development
TORONTO — Leon's Furniture Ltd. says it's planning to build upwards of 4,000 homes on land around its head office at the intersection of two major Toronto highways. The furniture retailer says it has already secured a rezoning of the 16.
Jan 29, 2024 9:48 AM
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Amazon calls off bid to buy vacuum maker iRobot amid scrutiny in Europe and the US
LONDON (AP) — Amazon called off its proposed acquisition of robot vacuum maker iRobot on Monday as the deal faced antitrust scrutiny on both sides of the Atlantic, with the ecommerce giant blaming “undue and disproportionate regulatory hurdles.
Jan 29, 2024 6:33 AM
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Aegis Brands selling Bridgehead coffee business to Pilot Coffee Roasters for $3.5M
TORONTO — Aegis Brands Inc. has signed a deal to sell its Bridgehead coffee business to Pilot Coffee Roasters for $3.5 million. In addition to Bridgehead, Aegis Brands owns and operates St. Louis Bar and Grill and Wing City by St. Louis.
Jan 29, 2024 6:28 AM
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China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion
HONG KONG (AP) — A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer , to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about
Jan 29, 2024 5:01 AM
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Drought in Western Canada impacting hydropower production as reservoirs run low
There's no risk of the lights going out any time soon. But scientists say climate change is making drought both more common and more severe, which means more pressure on hydroelectric producers in the years to come.
Jan 29, 2024 1:00 AM
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Ex-Prime Minister Alexander Stubb wins first round of Finland's presidential vote to set up a runoff
HELSINKI (AP) — Former Prime Minister Alexander Stubb won the first round of Finland's presidential election Sunday and will face runner-up ex-Foreign Minister Pekka Haavisto in a runoff next month.
Jan 28, 2024 1:43 PM
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French farmers aim to put Paris 'under siege' in tractor protest. Activists hurl soup at 'Mona Lisa'
PARIS (AP) — France's interior ministry on Sunday ordered a large deployment of security forces around Paris as angry farmers threatened to head toward the capital, hours after climate activists hurled soup at the glass protecting the “Mona Lisa” pai
Jan 28, 2024 11:28 AM
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Mali, Niger and Burkina Faso withdraw from West Africa regional bloc ECOWAS as tensions deepen
ABUJA, Nigeria (AP) — West African nations Mali, Burkina Faso and Niger have withdrawn from the regional economic bloc known as ECOWAS , their respective juntas announced Sunday.
Jan 28, 2024 9:59 AM
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B.C. hops farm, director fined over $1M after alleged fraud: securities commission
VANCOUVER — A hops farm company and its director have been ordered to pay more than $1 million over an alleged fraud that a B.C. Securities Commission panel described as "near to the most serious type of fraud possible in an investment context.
Jan 28, 2024 9:42 AM
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