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National Business
National Business
North American stock markets partially recover from early crypto-induced losses
TORONTO — North American stock markets partially recovered from a morning dip fuelled by a big pullback in cryptocurrency followed by the Federal Reserve later indicating it could soon discuss tapering stimulus.
May 19, 2021 1:56 PM
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Manufacturers are newest targets for ransomware attacks, study finds
TORONTO — North American manufacturing companies are increasingly targets for cybercriminal gangs that use malicious software to shut down businesses if they don't pay a ransom, according to a report published Wednesday. Research from Waterloo, Ont.
May 19, 2021 12:46 PM
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New energy efficiency rules for appliances could raise costs, industry group says
The federal government's plan to tighten energy efficiency standards on home appliances could lead to fewer models, longer wait times and higher costs, according to an industry group.
May 19, 2021 12:25 PM
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Annual inflation rate in April rises to highest in nearly a decade
OTTAWA — Prices increased in April at the fastest annual rate in nearly a decade as gasoline prices posted a record year-over-year rise and inflation continued to rebound from the plunge at the start of the COVID-19 pandemic.
May 19, 2021 11:27 AM
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Police: Illinois officer and suspect die in shootout
CHAMPAIGN, Ill. (AP) — A suspect shot and killed one central Illinois police officer and wounded another during a shootout at an apartment complex early Wednesday in which the suspect was also killed, authorities said.
May 19, 2021 10:39 AM
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Posthumous John le Carré novel to be published in October
LONDON (AP) — A final novel by John le Carré will be published this fall, 10 months after the spy writer’s death at the age of 89. Publisher Viking said Wednesday that “Silverview,” le Carré’s 26th novel, will be published Oct.
May 19, 2021 9:42 AM
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Pandemic linked to 15% drop in fossil fuel use in 2020: energy regulator
CALGARY — The Canada Energy Regulator says pandemic lockdowns and travel restrictions that kept Canadians close to home in 2020 resulted in overall consumption of refined petroleum products dropping by about 15 per cent compared to the previous year.
May 19, 2021 9:25 AM
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Woodside Petroleum looks to sell its 50 per cent stake in Kitimat LNG project
VANCOUVER — Woodside Petroleum Ltd. says it plans sell its 50 per cent stake in the proposed Kitimat LNG development in British Columbia.
May 19, 2021 9:24 AM
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CAE reports fourth-quarter profit and revenue down from year ago mark
MONTREAL — CAE Inc. reported its fourth-quarter profit fell compared with a year earlier as its revenue also dropped as it continued to feel the effects of COVID-19. The flight simulator maker and training company says it earned $19.
May 19, 2021 8:47 AM
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Here's a list of April inflation rates for selected Canadian cities
OTTAWA — Canada's national annual inflation rate was 3.4 per cent in April, Statistics Canada says.
May 19, 2021 6:21 AM
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