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Airbus reports new pandemic losses, but stops bleeding cash

PARIS — Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros ($1.
Largest luxury deal back on, Tiffany agrees to lower price

Largest luxury deal back on, Tiffany agrees to lower price

NEW YORK — The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at $15.
European Central Bank: Just wait until December

European Central Bank: Just wait until December

FRANKFURT — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging coronavirus infectio
Asia Today: Virus arrives in once-clear Marshall Islands

Asia Today: Virus arrives in once-clear Marshall Islands

WELLINGTON, New Zealand — The Marshall Islands has reported its first cases of the coronavirus after two people who flew from Hawaii to a U.S. military base tested positive.
Husky Energy hit by non-cash impairment charges, reports $7-billion loss in Q3

Husky Energy hit by non-cash impairment charges, reports $7-billion loss in Q3

CALGARY — Husky Energy Inc. reported a nearly $7.1-billion loss in its latest quarter as it was hit by $6.7 billion in non-cash impairment charges after taxes related to lower long-term commodity price assumptions and reduced capital investment.
Canadian small business confidence drops in October as COVID-19 cases rise

Canadian small business confidence drops in October as COVID-19 cases rise

A new report says small business confidence dropped in October as the COVID-19 curve tracked upward.
Real calls about possible fraud on your card don't seek personal information

Real calls about possible fraud on your card don't seek personal information

OTTAWA — It begins with an early morning phone call and an urgent automated message about charges to your credit card that may be fraudulent.
Jobless claims fall to 751,000, but new infections a threat

Jobless claims fall to 751,000, but new infections a threat

WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers to cut jobs.
Shopify Q3 revenue up 96 per cent from last year amid mass shift to e-commerce

Shopify Q3 revenue up 96 per cent from last year amid mass shift to e-commerce

The flood of businesses scrambling to build or enhance their digital efforts during the COVID-19 pandemic nearly doubled Shopify Inc.'s third-quarter revenue compared with a year ago. The Ottawa-based e-commerce company, which keeps its books in U.S.
TC Energy reports third-quarter profit up from year ago, revenue up

TC Energy reports third-quarter profit up from year ago, revenue up

CALGARY — TC Energy Corp. reported its third-quarter profit rose compared with a year ago as its revenue edged higher.