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National Business
BMO wins reversal of jury verdict in U.S. lawsuit against bank
TORONTO — BMO Financial Group says it has won the reversal of a 2022 jury verdict against the bank in a lawsuit related to a Ponzi scheme in the United States. The Canadian bank says the U.S.
Sep 13, 2024 8:06 AM
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Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW (AP) — Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy's capacity to produce goods and services and drives up workers' wag
Sep 13, 2024 7:11 AM
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China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
HONG KONG (AP) — Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande.
Sep 13, 2024 5:41 AM
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Boeing factory workers go on strike after rejecting contract offer
SEATTLE (AP) — Aircraft assembly workers walked off the job early Friday at Boeing factories near Seattle after union members voted overwhelmingly to go on strike and reject a tentative contract that would have increased wages by 25% over four years.
Sep 13, 2024 4:01 AM
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Greenbelt issue a barrier to support for speeding up infrastructure: government poll
TORONTO — One of the largest factors standing in the way of Ontario being able to speed up critical infrastructure projects is a sense of public distrust fostered by the government's own history with the Greenbelt, polling commissioned by the governm
Sep 13, 2024 4:00 AM
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China is raising its retirement age, now among the youngest in the world's major economies
BEIJING (AP) — China starting next year will raise its retirement age for workers, which is now among the youngest in the world's major economies.
Sep 13, 2024 3:35 AM
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China's legislature approves raising the retirement age, now among world lowest for major economies
BEIJING (AP) — China's legislature announced Friday that it was raising the retirement age for its workers, according to state broadcaster CCTV.
Sep 13, 2024 2:53 AM
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Boeing machinists vote to strike after rejecting pay increases of 25% over 4 years
SEATTLE (AP) — Machinists at Boeing voted Thursday to go on strike, another setback for the giant aircraft maker whose reputation and finances have been battered and now faces a shutdown in production of its best-selling airline planes.
Sep 13, 2024 1:44 AM
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North Korea discloses a uranium enrichment facility as Kim calls for more nuclear weapons
SEOUL, South Korea (AP) — North Korea offered a rare glimpse into a secretive facility to produce weapons-grade uranium as state media reported Friday that leader Kim Jong Un visited the area and called for stronger efforts to “exponentially” increas
Sep 12, 2024 11:41 PM
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North Korea discloses a uranium enrichment facility as Kim calls for more nuclear weapons
SEOUL, South Korea (AP) — North Korea offered a rare glimpse into a secretive facility to produce weapons-grade uranium as state media reported Friday that leader Kim Jong Un visited the area and called for stronger efforts to “exponentially” increas
Sep 12, 2024 9:05 PM
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