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Bank of Canada survey says business hiring plans remain muted due to pandemic

作者:admin 2020-07-07

The Bank of Canada’s latest review of business and consumer expectations has revealed how widespread uncertainty is muting rehiring and purchasing plans, published days before a federal update gives the Liberals’ outlook for the economy.T 阅读全文

Trade experts urge heads-up approach for businesses as USMCA comes into force

作者:admin 2020-07-01

WASHINGTON — Experts and ambassadors across the continent are urging North American businesses to keep their heads up and their eyes open for both growth opportunities and perils in the fine print as the new U.S.-Mexico-Canada Agreement comes i 阅读全文

Statistics Canada says economy posted record 11.6% plunge in April

作者:admin 2020-07-01

OTTAWA — The full impact of sweeping economic lockdowns meant to slow the spread of COVID-19 came into sharper view, with new figures showing Canada saw the largest monthly drop on record in April as the country came to a near standstill.Statis 阅读全文

Air Canada to suspend flights on 30 domestic routes due to pandemic hit

作者:admin 2020-07-01

Air Canada said on Tuesday it would suspend flights on 30 domestic routes hit by persistent weak travel demand due to the COVID-19 pandemic.Canada’s largest carrier forecast third-quarter capacity would decline at least 75% from a year ago and 阅读全文

Lululemon to buy home fitness start-up Mirror for $500M

作者:admin 2020-06-30

Lululemon Athletica Inc said on Monday it would buy home fitness company Mirror for $500 million, as the high-end yogawear company looks to cash in on booming demand for at-home fitness classes spurred by coronavirus lockdowns.The Vancouver, British 阅读全文

Facebook ad boycott campaign to go global, organizers say

作者:admin 2020-06-29

Organizers of a Facebook Inc. advertising boycott campaign that has drawn support from a rapidly expanding list of major companies are now preparing to take the battle global to increase pressure on the social media company to remove hate speech.The 阅读全文

Facebook tightens hateful conduct policies as ad boycott gains steam

作者:admin 2020-06-27

Facebook Inc said on Friday it will start labeling newsworthy content that violates the social media company’s policies, and label all posts and ads about voting with links to authoritative information, including those from politicians.A Facebo 阅读全文

Nike posts surprise loss as COVID-19 hits wholesale business

作者:admin 2020-06-26

Nike Inc on Thursday reported an unexpected quarterly loss – its first in more than two years – hurt by closures of department and retail stores due to lockdowns spurred by the COVID-19 pandemic.The footwear maker’s shares fell abou 阅读全文

Chuck E. Cheese parent company files for bankruptcy as COVID-19 deals fresh blow

作者:admin 2020-06-26

The parent company of Chuck E. Cheese, the once popular children-themed restaurant chain, filed for Chapter 11 bankruptcy on Thursday, saddled by a huge pile of debt and dismal sales because of lockdowns across the country.CEC Entertainment, which al 阅读全文

GNC files for bankruptcy, may close 1,200 stores and sell itself

作者:admin 2020-06-25

GNC Holdings Inc, the vitamin and herbal supplement retailer, has filed for bankruptcy, with plans to close at least 800 to 1,200 locations and possibly sell itself.The 85-year-old company filed for Chapter 11 protection late Tuesday night in the U.S 阅读全文