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Updated: 1 hour 52 min ago

About 5,000 ceiling fans sold at Home Depot recalled in Canada

Mon, 12/28/2020 - 12:03

More than 190,000 ceiling fans sold at Home Depot, including thousands in Canada, are being recalled after reports that the blades fell off while spinning, hitting people and causing property damage.

European shares mark best close in 10 months after post-Brexit agreement

Mon, 12/28/2020 - 10:20

European shares marked their strongest close in 10 months on Monday, with German shares hitting a record high as relief over long-awaited U.S. coronavirus relief, a Brexit trade deal and a vaccine program lifted spirits in thin holiday trade.

Alibaba shares slump amid concerns about regulatory crackdown

Mon, 12/28/2020 - 06:52

Alibaba shares slumped nine per cent to their lowest level since June on Monday, as the firm's upsized $10 billion US buyback program failed to ease concerns about a regulatory crackdown on co-founder Jack Ma's e-commerce and financial empire.

Chinese regulators order 'rectification' plan for Ant Group businesses

Sun, 12/27/2020 - 02:25

Chinese regulators have ordered Ant Group, the world's largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country's internet sector.

Pandemic isolation sees booming demand for pets — and for businesses that cater to them

Sun, 12/27/2020 - 01:00

All those new pet photos you've been seeing on social media don't lie. The pandemic has prompted booming demand for pets from Canadians feeling isolated after months of social distancing. And that's meant big opportunities for some Canadian companies that cater to that craving for companionship.

After a turbulent year, Canada's energy industry braces for more upheaval in 2021

Sat, 12/26/2020 - 01:00

An international oil price war combined with a pandemic made 2020 a very difficult year for Canada's oil and gas sector. But the year ahead will offer little respite, with the pace of economic recovery, pipeline development, climate policy and a new U.S. president all part of an unpredictable mix.

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