Browsing: Business

WASHINGTON, October 6, 2025: Gold prices reached an all-time high on Monday, surging above $3,960 per ounce as global investors sought safety amid increasing economic and geopolitical uncertainty. Spot gold climbed to $3,963.42 per ounce in early trading, setting a

Vienna, October 6, 2025: The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a production adjustment of 137,000 barrels per day (bpd), effective November 2025, following a virtual meeting on Sunday, October 5. The decision reflects the

TORONTO, October 1, 2025: Minimum wage increases have come into effect across five Canadian provinces today, positioning Alberta as the only province with a wage floor below $16 per hour, as provinces adjust to inflation and cost-of-living pressures. Ontario, Manitoba,

OTTAWA, Oct. 1: Canada is confronting what business leaders describe as an investment crisis as the federal government prepares its next budget, with calls mounting for tax relief, tariff support, and improved access to capital. In a formal budget submission

SEATTLE, October 1, 2025: Starbucks Corporation has announced the elimination of approximately 900 corporate roles and the closure of an undisclosed number of underperforming stores across North America, part of a sweeping operational restructuring aimed at streamlining its U.S. business.

CALGARY, 27 September 2025: The United Arab Emirates and the Canadian province of Alberta are advancing efforts to deepen bilateral economic ties following a high-level meeting between UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri and Alberta

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

The Organisation for Economic Co-operation and Development (OECD) has revised its global growth outlook upward for 2025, citing short-term resilience in advanced economies, while warning that rising trade barriers and tightening financial conditions are likely to drag on global momentum

Pfizer has signed a definitive agreement to acquire Metsera, a privately held clinical-stage biotechnology company focused on obesity and cardiometabolic therapies, in a transaction valued at approximately $4.9 billion in cash. The deal includes additional milestone-based payments that could bring

India and Canada have agreed to resume a wide range of bilateral discussions, including on trade, defense, and critical minerals, following a high-level meeting in New Delhi. The consultations took place on September 19, 2025, as part of renewed efforts