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National Business
National Business
U.S. confirms charges against Chad officials in Griffiths Energy corruption case
CALGARY — A decade-old corruption case involving a Canadian junior oil company that bribed officials in Chad to try to gain access to oil plays in the north-central African nation is making news again. The U.S.
May 25, 2021 9:19 AM
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U.S. moves to double tariffs on Canadian softwood lumber imports
CALGARY — A move by the U.S.
May 25, 2021 9:00 AM
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US new home sales fell 5.9% in April after big March gain
WASHINGTON (AP) — Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on rising home prices.
May 25, 2021 8:24 AM
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Australian company Wyloo plans takeover offer for Ring of Fire developer Noront
TORONTO — An Australian company says it plans to make a takeover offer for Ring of Fire developer Noront Resources Ltd. that values the Canadian company at about $133 million. Wyloo Metals Pty Ltd. says it will offer 31.
May 25, 2021 8:21 AM
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Consumer confidence ticks down in May, but remains strong
SILVER SPRING, Md. (AP) — Consumer confidence ticked down slightly in May but remains nearly as high as its been since the pandemic began. The Conference Board reported Tuesday that its consumer confidence index fell to 117.2 from April's 117.
May 25, 2021 7:14 AM
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Armani, Dolce & Gabbana to go live for Milan Fashion Week
MILAN (AP) — Milan Fashion Week will remain mostly digital for menswear previews in June, with just three fashion houses opting to host guests in their showrooms as international travel just begins to resume amid the lifting of coronavirus restrictio
May 25, 2021 5:56 AM
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Steelmaker Algoma Steel to go public in SPAC deal
SAULT STE. MARIE, Ont. — The Canadian parent company of privately held Algoma Steel Inc. has signed a deal to be acquired by a U.S. special purpose acquisition company in a move that will see the Ontario steelmaker become a publicly listed company.
May 25, 2021 5:27 AM
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Germany: Large cocaine haul thrown in garbage bins
BERLIN (AP) — Staff at a logistics company in Germany threw cocaine with a street value of up to 1 million euros ($1.
May 25, 2021 3:48 AM
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EU leaders agree on Belarus sanctions after plane diversion
BRUSSELS (AP) — The European Union agreed Monday to impose sanctions on Belarus, including banning its airlines from using the airspace and airports of the 27-nation bloc, amid fury over the forced diversion of a passenger jet to arrest an opposition
May 24, 2021 6:58 PM
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Dan Frank, revered editor at Pantheon Books, dead at 67
NEW YORK (AP) — Dan Frank, a revered and longtime editor at Pantheon Books who worked with such prize-winning authors as Cormac McCarthy, Oliver Sacks and Jill Lepore, died Monday at age 67.
May 24, 2021 5:23 PM
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