Business & Investment

Lowe’s has announced that it would support minority-owned businesses with grants of $25 million to support efforts to restart the American economy. Lowe’s is availing the funds to support small...

Postmedia Network Canada Corp. has said it would sack up to 40 employees after some of its unions did not approve a short-term salary reduction proposed to help cut down...

Torstar Corp., the parent company of Toronto Star and other media outfits in Canada, has been bought by NordStar Capital LP, a firm owned by Paul Rivett and Jordan Bitove,...

Hertz Global Holdings Inc., the car-rental company established with twelve Ford Model Ts over 100 years ago, filed for bankruptcy last Friday following sweeping travel restrictions and the global economic...

As Ontario continues to fight against COVID-19 pandemic, some businesses have been given the go ahead to recommence operations as long as they adhere to the laid down public health...

Walmart paid out cash bonuses of $180 million to its employees that have worked daily despite prevalence of COVID-19 pandemic to ensure customers are provided with food, medicine and other important items....

In what can be adjudged to be a crucial move, Food delivery app Foodora has filed for insolvency as it prepares to close its Canadian operations soon. We gathered that...

President John Magufuli of Tanzania has cancelled a Chinese loan worth $10 billion signed by his predecessor Jakaya Kikwete to construct a port at Mbegani creek in Bagamoyo over terms...

The six biggest banks in Canada have all said they would cut credit cards interest rates to offer succor to customers affected by COVID-19 pandemic. Bank of Montreal and Bank...

(NC) According to a recent poll, four in five Canadians who are interested in hosting on short-term rental platforms like Airbnb cited additional income as the main reason they would...