VANCOUVER — The first stage of an extradition hearing for a senior executive of Chinese tech giant Huawei started in a Vancouver courtroom Monday, a case that has infuriated Beijing, caused a diplomatic uproar between China and Canada and complicated high-stakes trade talks between China and the United States. Canada’s arrest of chief financial [...]
OTTAWA — More than 300,000 out-of-work Canadians successfully applied for pandemic-related emergency relief in the first few hours after the application process began Monday, and Ottawa says it will soon change the rules to let hundreds of thousands more access the help. Prime Minister Justin Trudeau did not say how many people have thus far not been [...]
WASHINGTON — One of the world's largest U.S.-based makers of consumer products says it has been told by the White House to stop exporting medical-grade face masks to the Canadian market. Minnesota-based 3M says the Trump administration has asked that it stop sending N95 respirators to export markets in Canada and Latin America. But the [...]
The company hopes that this information would help officials in respective countries “understand changes in essential trips that can shape recommendations on business hours or inform delivery service offerings.” Google on Friday published the COVID-19 Community Mobility Reports for 131 countries to show how the lockdown owing to the coronavirus outbreak has affected the [...]
Nearly 60,000 of Canada’s 68,000 troops are now in isolation in advance of COVID-19 operations, Canada’s top soldier says. Many of them have been ordered to do so to be ready to deploy across Canada to assist civil authorities to deal with the COVID-19 pandemic, said Gen. Jon Vance said in an interview Thursday [...]
(Reuters) - Canada’s main stock index gave up early gains to trade lower on Friday, as fears of a deep recession fueled by the coronavirus pandemic overshadowed gains in energy stocks boosted by higher oil prices. * Canada faces “a critical week” in fighting the coronavirus, a senior official said, as the death toll [...]
San Francisco The novel coronavirus pandemic can wipe out more than $44 billion in global ad revenue for the tech giants Facebook and Google in 2020 as digital advertising runs dry, a new report has predicted. According to global investment bank and financial services company Cowen & Co., Google’s total net revenue is projected [...]
(Reuters) - The death toll from the coronavirus pandemic continued to rise on Thursday, after the World Health Organization said the global case count would reach 1 million and the death toll 50,000 in the next few days and economic pain deepened with another record week of jobless claims in the United States. DEATHS, [...]
NEW YORK (Reuters) - The dollar rose for a second straight day against a basket of currencies on Thursday as investors, worried about the prospect of a global recession continued to take shelter in the greenback. U.S. jobless claims in the latest week soared to a record level, yet the dollar’s reaction was tepid [...]
(Bloomberg) -- Oil soared after U.S. President Trump said that he expects Saudi Arabia and Russia to cut production back by 10 million barrels or more after he spoke with Crown Prince Mohammed Bin Salman on Thursday. It wasn’t clear if Trump meant 10 million barrels a day, but the announcement caused West Texas [...]