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Canadian banks, bellwethers of pandemic recovery, to reveal key statistics this week

Canadian banks, bellwethers of pandemic recovery, to reveal key statistics this week

TORONTO — Canada's biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19.
Biden boosts pandemic lending to smallest businesses

Biden boosts pandemic lending to smallest businesses

WASHINGTON — President Joe Biden announced changes Monday to target more federal pandemic assistance to the nation’s smallest businesses and ventures owned by women and people of colour .
Boeing: 777s with engine that blew apart should be grounded

Boeing: 777s with engine that blew apart should be grounded

Canada's airline fleets are not affected by Boeing's recommendation to ground its 777 aircraft after a dramatic incident during a U.S. flight over the weekend, as the type of engine involved is not in use by Canadian carriers. The U.S.
Goodyear acquires Cooper in all-American tire deal

Goodyear acquires Cooper in all-American tire deal

Two of the biggest remaining American tire companies are joining forces. Goodyear Tire & Rubber Co. is acquiring Cooper in a deal with an equity value of $2.8 billion that will combine the two century-old Ohio manufacturers.
Huawei unveils flagship foldable smartphone

Huawei unveils flagship foldable smartphone

BEIJING — Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch (20- centimetre ) -wide screen Monday to show off its tech prowess but said it will be sold only in China.
TC Energy refuses to raise bid for TC PipeLines despite unitholder criticism

TC Energy refuses to raise bid for TC PipeLines despite unitholder criticism

CALGARY — TC Energy Corp. says it has no intention of again sweetening its bid to buy out the other unitholders of TC PipeLines LP, a U.S.
Security firm GardaWorld outbid in offer for British competitor G4S

Security firm GardaWorld outbid in offer for British competitor G4S

MONTREAL — Private security firm GardaWorld has allowed itself to be outbid by a U.S. company in its takeover attempt for British competitor G4S plc. Quebec-based GardaWorld said it would not raise its offer of 235 pence per share for G4S.
Why some Texans are getting sky-high energy bills

Why some Texans are getting sky-high energy bills

After unusual icy weather left millions of Texans without power, some are facing another crisis: Sky-high electricity bills.
China urges US to lift trade restrictions, stop interference

China urges US to lift trade restrictions, stop interference

BEIJING — China's top diplomat called Monday for new U.S.
Survey: German business optimism up despite pandemic burdens

Survey: German business optimism up despite pandemic burdens

FRANKFURT — Optimism rose among German businesses in February, according to a closely watched survey - despite a worrisome flattening out in the decline of infections.