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Scotiabank reports Q4 profit down as one-time charges offset global banking growth

Scotiabank reports Q4 profit down as one-time charges offset global banking growth

TORONTO — Scotiabank kicked off bank earnings with results that showed earnings growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges.
China ready for 'closer partnership' with Russia in energy

China ready for 'closer partnership' with Russia in energy

BEIJING (AP) — China is ready to “forge closer partnership” with Russia in energy, a state news agency quoted President Xi Jinping as saying in a letter Tuesday, potentially expanding ties that irk Washington by helping the Kremlin resist sanctions o
The AP Interview: IMF head urges China to end mass lockdowns

The AP Interview: IMF head urges China to end mass lockdowns

BERLIN (AP) — It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary Fund said days after widespread protests broke out , a change that would ease the impact to
US consumer confidence falls in November for 2nd month

US consumer confidence falls in November for 2nd month

U.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates , and layoffs in the tech sector . The Conference Board reported Tuesday that its consumer confidence index fell to 100.
Bombardier says NetJets places firm order for four Global 8000 aircraft

Bombardier says NetJets places firm order for four Global 8000 aircraft

MONTREAL — Bombardier says NetJets has placed a firm order for four Global 8000 aircraft and will be the fleet launch customer for the jets. The order is valued at US$312 million based on list prices.
Restaurant Brands to expand Burger King, Popeyes in Eastern Europe through McWin deal

Restaurant Brands to expand Burger King, Popeyes in Eastern Europe through McWin deal

TORONTO — Restaurant Brands International Inc. is expanding two of its biggest fast-food brands in Eastern Europe through an affiliate of restaurant operator McWin.
Millennial Money: 4 reasons for thrift store gifts this year

Millennial Money: 4 reasons for thrift store gifts this year

Thrifting is hot, and Goodwill finds are cool again. But while we’re thrilled to find the perfect throwback tee for our own closet, gifting used goods still carries a stigma for some. It shouldn’t.
Manitoba suspends new cryptocurrency operations, citing high energy demand

Manitoba suspends new cryptocurrency operations, citing high energy demand

WINNIPEG — The Manitoba government is temporarily halting any new connections of cryptocurrency operations to the hydroelectric grid, citing a potential for overwhelming energy demands and low economic return.
Biden calls on Congress to head off potential rail strike

Biden calls on Congress to head off potential rail strike

OMAHA, Neb.
Liberals did not show fiscal restraint in fall update: parliamentary budget officer

Liberals did not show fiscal restraint in fall update: parliamentary budget officer

OTTAWA — Parliamentary budget officer Yves Giroux told members of Parliament on Monday that the federal government did not show fiscal restraint in its recent fall economic statement.