Economy

Economy · 13 d ago

Gigel.atat · CC BY-SA 4.0 · Wikimedia Commons

China's economy speeds up on strong exports while demand at home stays weak

6 pages

China's economy grew 4.5 per cent in the July-September quarter from a year earlier, up from 4.3 per cent in the previous quarter.

Economy · 13 d ago

Dietmar Rabich · CC BY-SA 4.0 · Wikimedia Commons

Volkswagen plans to freeze wages for its workers until 2030

5 pages

An internal Volkswagen plan, Group Target Picture 2030, would freeze the pay of about 600,000 workers until 2030, including those at Seat. The German union IG Metall confirmed it.

Economy · 13 d ago

Europe's four largest telecom companies team up to challenge Starlink

5 pages

Telefónica, Orange, Vodafone and Deutsche Telekom signed a letter of intent to study a joint bid for European spectrum reserved for satellite-to-phone services.

Economy · 13 d ago

Ed Schipul · CC BY-SA 2.0 · Wikimedia Commons

GM shares fall as its full-year profit forecast misses estimates

5 pages

General Motors' third-quarter core profit, before interest, tax and one-time items, rose 22 per cent from a year earlier to US$4.1 billion.

Economy · 13 d ago

Jeff Hitchcock from Seattle, WA, USA · CC BY 2.0 · Wikimedia Commons

Canada's first green finance rulebook leaves out oil and gas emissions

5 pages

Canada finalized the framework for its first national sustainable finance taxonomy, voluntary guidelines meant to curb greenwashing by telling banks, pension funds and investors what counts as climate-friendly. It sorts investments in six sectors into two categories: green and transition.

Economy · 13 d ago

Daniel from Glasgow, United Kingdom · CC BY 2.0 · Wikimedia Commons

Alberta business groups welcome the end of separation uncertainty

5 pages

After about three in four Albertans voted to stay in Canada, business groups said firms and workers can now plan with more certainty.

Economy · 13 d ago

JFVoll · CC BY-SA 4.0 · Wikimedia Commons

Stelco posts its best quarter under Cleveland-Cliffs as up to 500 jobs go

5 pages

Stelco had its strongest results since Cleveland-Cliffs bought it two years ago, helped by a sharp improvement in Canada's hot-rolled steel market. It is still going ahead with up to 500 layoffs in Ontario.

Economy · 13 d ago

DUNCAN KIRK from Coeur d'Alene, United States · CC BY 4.0 · Wikimedia Commons

US regulator clears Boeing's 737 Max 10 for passenger service

5 pages

The Federal Aviation Administration approved the Max 10 on Tuesday, nearly a decade after Boeing unveiled it. Deliveries are expected to begin in 2027.