WASHINGTON — The chief of the International Monetary Fund on Monday called on governments and businesses to do more to promote the same economic opportunities for men and women and to fight discrimination that interferes with those goals.
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TORONTO — Weeks before TV streaming service Shomi is set to shut down, BCE Inc. said Thursday its CraveTV streaming service recently hit one million subscribers.
The Montreal-based company said it reached the milestone by the end of September, nearly two years after it launched CraveTV in December 2014.
EXETER, N.H. — A pair of big Canadian investors are proposing to buy Performance Sports Group Ltd. (TSX:PSG), the maker of Bauer hockey skates and other sports equipment, for US$575 million through a court-supervised restructuring.
TORONTO — Norbord Inc. (TSX:OSB) and Louisiana-Pacific Corp. have agreed to exchange ownership of two wood panel mills in Quebec. Financial terms weren’t disclosed.
Louisiana-Pacific’s mill in Chambord, Que., is bigger than Norbord’s oriented strand board mill in Val-d’Ore, Que., but both have been idled for a number of years
SEOUL, Korea, Republic Of — Samsung Electronics said Friday that discontinuing the Galaxy Note 7 smartphone, which is prone to overheat and catch fire, will cost it about $3 billion in the current and coming quarters, raising total costs from the recalls to at least $5.3 billion.
CANBERRA, Australia — Ford Motor Co. ended 91 years of car manufacturing in Australia on Friday, with the remaining two Australian car makers due to close their doors next year.
Ford Australia said it built the world’s last six-cylinder, rear-wheel drive Falcon XR6 at its Broadmeadows plant in Melbourne and 600 employees lost their jobs.
TORONTO — Canada’s largest newspaper publisher has announced changes to its board and executive as it completes a deal to restructure its debt.
Postmedia Network Inc. (TSX:PNC.B, TSX:PNC.A) said Wednesday its total debt has been reduced by approximately $307 million and its annual cash interest expense has been reduced by approximately $50 million under a court-approved plan.
DENVER — The leak of some of Donald Trump’s tax returns highlights enormous disparities in the tax code between high-income businesses and individuals and everyone else that may have allowed the Republican presidential nominee to avoid paying federal income taxes for nearly 20 years.
MONTREAL — Bombardier says its new CSeries aircraft has received an independent environmental certification, confirming its promise of a commercial jet with a substantially lower carbon footprint.
OTTAWA — The Bank of Canada’s governor says greater trade integration around the world has created challenges that central bankers cannot afford to ignore.
In a university lecture Monday in Bellingham, Wash., Stephen Poloz says the evolution of trade liberalization can affect economic models and decision-making processes that policy-makers rely on.