Moose Jaw - National Business News

North American stock markets fall amid possible signal of rising U.S. interest rates

TORONTO — Blockbuster corporate earnings and economic data couldn't prevent global stock markets from tumbling to end the trading week on renewed COVID-19 concerns and a possible signal that U.S. interest rates could be rising sooner than expected.

Apr 30, 2021 3:35 PM Read more >

AstraZeneca delays filing for US authorization of COVID shot

LONDON — AstraZeneca said Friday that it intends to seek U.S. authorization for its COVID-19 vaccine in the “coming weeks," acknowledging a delay in the much-anticipated filing that had been expected by mid-April.

Apr 30, 2021 2:29 PM Read more >

Imperial Oil shares rise on dividend bump, higher share buybacks, strong production

CALGARY — Shares in Imperial Oil Ltd. rose Friday after it raised its dividend by nearly 23 per cent and announced accelerated share buybacks as it continues to prioritize returns to shareholders over spending on big growth projects.

Apr 30, 2021 12:04 PM Read more >

Early estimate from Statistics Canada shows economic growth slowed in Q1

OTTAWA — The Canadian economy grew at an annual rate of 6.5 per cent through the first quarter of the year, Statistics Canada said Friday, bringing the country tantalizing close to reaching pre-pandemic output.

Apr 30, 2021 11:20 AM Read more >

Tim Hortons sales slump as stay-at-home orders impact morning coffee runs to chain

Ongoing stay-at-home orders in Canada are continuing to dampen sales at Tim Hortons, with the impact on morning coffee routines the single largest drag on the chain's sales, the head of the restaurant's parent company said Friday.

Apr 30, 2021 10:22 AM Read more >

TikTok names exec at Chinese parent ByteDance as new CEO

The hit video app TikTok said Friday that an executive at its Chinese parent company, ByteDance, will now also serve as TikTok CEO. The new CEO, Shouzi Chew, is the chief financial officer of ByteDance.

Apr 30, 2021 9:57 AM Read more >

EU accuses Apple of antitrust breach over App Store rules

LONDON — European Union regulators accused Apple on Friday of violating the bloc's antitrust laws, alleging the iPhone maker distorts competition for music streaming by imposing unfair rules for rival services in its App Store.

Apr 30, 2021 9:38 AM Read more >

Strike ends at Volvo plant in Va. as tentative deal reached

A strike at a Volvo plant in Virginia has ended following a tentative deal between the workers' union and automaker. The UAW Volvo Truck Council said Friday that Volvo Truck workers will be scheduled to return to their regular shifts on Monday.

Apr 30, 2021 9:38 AM Read more >

GM spending on Mexico electric vehicle plant angers US union

DETROIT — An announcement by General Motors that it would invest more than $1 billion at a Mexican factory that will build electric vehicles has angered the United Auto Workers union.

Apr 30, 2021 9:37 AM Read more >

Europe's economy shrinks in first quarter as US rolls ahead

FRANKFURT — Europe's economy shrank 0.

Apr 30, 2021 7:13 AM Read more >