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ABN AMRO pays multimillion fine in money laundering probe

ABN AMRO pays multimillion fine in money laundering probe

THE HAGUE, Netherlands — ABN AMRO has agreed to pay 480 million euros ($574 million) as part of a settlement with prosecutors who accused the Dutch state-owned bank of “serious shortcomings” in tackling money laundering, prosecutors and the bank said
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One year after crude turned negative, oilpatch relishes first-quarter profit outlook

One year after crude turned negative, oilpatch relishes first-quarter profit outlook

CALGARY — One year after oil prices crashed to their first and only negative close during a perfect storm of energy demand bad news, Canada's oilpatch is poised to report a first-quarter gush of cash flow thanks to a dramatic recovery in global deman
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Federal budget Finance Minister Chrystia Freeland will release her first budget on Monday.
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US, China agree to co-operate on climate crisis with urgency

US, China agree to co-operate on climate crisis with urgency

SEOUL, Korea, Republic Of — The United States and China, the world’s two biggest carbon polluters, agreed to co-operate to curb climate change with urgency, just days before President Joe Biden hosts a virtual summit of world leaders to discuss the i
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After child dies, US regulator warns about Peloton treadmill

After child dies, US regulator warns about Peloton treadmill

NEW YORK — Safety regulators warned people with kids and pets Saturday to immediately stop using a treadmill made by Peloton after one child died and others were injured. The U.S.
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Fashion industry evolves, as virus forces a rethink

Fashion industry evolves, as virus forces a rethink

PARIS — The pandemic has torn a multibillion-dollar bite out of the fabric of Europe's fashion industry, stopped runway shows and forced brands to show their designs digitally instead.
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American, 2 Russians return to Earth from space station

American, 2 Russians return to Earth from space station

MOSCOW — An American astronaut and two Russians have returned to Earth after six months aboard the International Space Station.
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CRTC sides with Videotron in dispute with Bell over access to poles, other structures

CRTC sides with Videotron in dispute with Bell over access to poles, other structures

OTTAWA — The CRTC ruled Friday that Bell Canada has violated sections of the Telecommunications Act by failing to provide timely access to towers, poles and other support structures required by Quebecor's Videotron Ltd.
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S&P/TSX composite rises to another record close, loonie and metals prices strengthen

S&P/TSX composite rises to another record close, loonie and metals prices strengthen

TORONTO — Overflowing investor optimism that the pandemic's gloom will soon lift pushed Canada's main stock index and two of three indexes in the United States to record closes on Friday. The S&P/TSX composite index was up 29.40 points at 19,351.
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No bubble tea this spring? Canada faces boba shortage amid shipping delays

No bubble tea this spring? Canada faces boba shortage amid shipping delays

Canada is experiencing a shortage of tapioca pearls, or boba, used in bubble tea as shipping delays continue to affect the global supply chain.
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