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Tuesday, May 26, 2020

Business

Founder of travel firm G Adventures says the future is bright but different for tourism after COVID-19

The global tourism industry directly contributed $2.6 trillion to the global GDP in 2017. That's about 3.2 per cent of the world's economy, as more than...

Electric gets another $7 million in funding from 01 Advisors and the Slack Fund – TechCrunch

Electric, a platform that aims to put IT departments in the cloud, today announced new funding following a continuation of its Series B...

Ethiopian Airlines sees Boeing 737 MAX compensation deal by end-June

ADDIS ABABA (Reuters) - Ethiopian Airlines expects a settlement with planemaker Boeing (BA.N) by end of June over compensation related to the 737...

Why some think Canada’s beef business needs more smaller players

Michael Munton's family has been ranching in southern Alberta for four generations. The Angus cattle they raise are the same they'll later...

Thyssenkrupp in talks with peers over steel business: source

FILE PHOTO: A crane operator lifts up a finished steel coil at the storage and distribution facility of German steel maker Thyssenkrupp in...

Total calls off plan to buy Occidental Petroleum’s Ghana asset

FILE PHOTO: The logo of French oil and gas company Total is seen in a petrol station in Paris, France February 6, 2020....

Oil revenues plunge for many Indigenous communities in Western Canada

Considering how much effort the Frog Lake First Nation has spent developing its oil business over the decades, the decision to turn off...

SoftBank posts record $13 billion operating loss as tech bets slide

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File...

Travel restrictions turn peak season into bleak season for tourism sector

The May long weekend typically marks the beginning of the peak travel season within Canada, but border closures and travel restrictions have thrust...

SoftBank in talks to sell down T-Mobile US stake to Deutsche Telekom: Wall Street Journal

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei KatoTOKYO...

Malls need major rethink to survive pandemic, retail consultants say

Tina Kerger of Winnipeg describes herself as a "tactile" shopper who resisted online shopping before the COVID-19 pandemic. "When I buy a shirt,...

Japan’s economy to slump significantly due to pandemic: economy minister

FILE PHOTO: Japan's new Economy Minister Yasutoshi Nishimura arrives at Prime Minister Shinzo Abe's official residence in Tokyo, Japan September 11, 2019. REUTERS/Issei...

Must Read

China Demands US Withdraw Sanctions on Tech Suppliers

China demanded Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security...

Forza Street Now Available to Download for Android and iOS, Early Adopters Get Free In-Game Gifts

Forza Street, a popular desktop racing game by publisher Microsoft, has finally reached Android and iOS devices. The mobile app can be downloaded...

Cirque du Soleil founder wants to buy back the company

Cirque du soleil founder Guy Laliberte says he wants to buy back the internationally celebrated circus company he created more than 35 years...

Redmi K30i 5G With Quad Rear Cameras, Snapdragon 765G SoC Listed for Sale Online Ahead of Launch

Redmi K30i 5G seems to have debuted as Xiaomi's most affordable 5G Redmi smartphone. While the Chinese company is yet to officially launch...