Business

Inflation hits target – Business News – Castanet.net

Photo: The Canadian Press Canadian annual inflation rose by two per cent in July to hit the Bank of Canada’s ideal target for a second straight month. Canadian annual inflation…

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North Shore terminals bustle – Business News – Castanet.net

Photo: Glacier Media Exports through Vancouver’s North Shore export terminals continue to hum despite some commodities being whipsawed in global trade disputes. Mid-year stats released by the Vancouver Fraser Port Authority…

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Policies may hurt U.S. – Business News – Castanet.net

Photo: The Canadian Press President Donald Trump speaks during a meeting with Romanian President Klaus Iohannis in the Oval Office of the White House, Tuesday, Aug. 20, 2019, in Washington. …

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Spill bigger than reported – Business News – Castanet.net

Photo: File photo A 2015 pipeline spill of liquid natural gas in western North Dakota initially reported as just 10 gallons is at least hundreds of thousands of gallons larger…

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Recession worries Trump – Business News – Castanet.net

Photo: The Canadian Press President Donald Trump reacts at the end of his speech at a campaign rally, Thursday, Aug. 15, 2019, in Manchester, N.H.  President Donald Trump is warning…

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Beer byproducts into bread – Business News – Castanet.net

Photo: The Canadian Press Marc Wandler, President of Susgrainable is pictured at his tent on Granville Island in Vancouver, Tuesday, July 16, 2019. When Jeff Dornan opened a brewery six…

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‘ICBC needs competition’ – Business News – Castanet.net

Ahead of ICBC’s new risk model rollout next month, private insurers are insisting that more competition is needed in the automobile insurance market to drive premiums down to a level…

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Anxious stock markets slide – Business News – Castanet.net

Photo: The Canadian Press A screen above the trading floor shows an intraday number for the Dow Jones industrial average, at the New York Stock Exchange, Wednesday, Aug. 14, 2019….

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CBS, Viacom reunite – Business News – Castanet.net

Photo: The Canadian Press The newly combined ViacomCBS will invest in more movies and TV shows and try to sell more advertising as it seeks to become a bigger player…

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Lyft coming to Vancouver – Business News – Castanet.net

The Canadian Press – Aug 12, 2019 / 10:24 am | Story: 263357 Photo: The Canadian Press Ride-hailing company Lyft says it plans to be operating in Vancouver before the…

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Uber posts biggest loss – Business News – Castanet.net

Photo: The Canadian Press Uber lost $5.24 billion in the second quarter — its largest quarterly loss ever — after making huge stock-based payouts in the months following its initial…

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U.S. stock indexes slide – Business News – Castanet.net

Photo: Contributed U.S. stocks nosedived in morning trading on Wall Street Monday as China’s currency fell sharply and stoked fears that the trade war between the world’s two largest economies…

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China lets yuan drop – Business News – Castanet.net

Photo: The Canadian Press China decided Monday to meet President Donald Trump’s latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S….

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Loblaws off the hook – Business News – Castanet.net

The Canadian Press – Aug 8, 2019 / 10:29 am | Story: 263123 Photo: The Canadian Press One of the country’s largest retailers is off the hook for the devastating…

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Cdn Tire buying Party City – Business News – Castanet.net

Photo: The Canadian Press Canadian Tire Corp. is diversifying its store offerings with the purchase of 65 Party City stores across Canada for $174.4 million cash, a move the national…

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Paying $5B more in taxes – Business News – Castanet.net

Photo: BCBC A new report from the Business Council of BC estimates B.C. businesses are paying nearly $5 billion more in annual taxes than they were in 2013. BCBC says…

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