Aviation industry labor shortage hits Canadian companies trying to replace grounded Boeing jets
A global shortage of pilots and mechanics is preventing some Canadian aviation service companies from meeting the needs of airlines and other customers scrambling to...
Tiffany & Co misses quarterly same-store sales estimates
Tiffany & Co reported a bigger-than-expected fall in quarterly same-store sales on Wednesday, hurt by lower tourist spending, a key source of revenue for luxury...
Google to move Pixel smartphone production to Vietnam: Nikkei
Alphabet Inc’s Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast...
World stocks slip as bond markets ring recession alarms
World stocks nudged down on Wednesday as deepening inversion of the U.S. bond yield curve a day earlier threw up reminders of looming recession risks,...
Costco limits shoppers in first China store after opening-day fiasco
Costco Wholesale Corp said it will limit the number of shoppers at its new China store after overcrowding forced the U.S. big box retailer to...
U.S. yield curve inverts further, 30-year yields hit new record low
A key part of the U.S. yield curve, a closely-followed recession indicator, inverted further on Wednesday while 30-year Treasury yields fell to a few record...
Exclusive: Fake-branded bars slip dirty gold into world markets
A forgery crisis is quietly roiling the world’s gold industry....
Asian stocks post modest gains on Wall Street futures, oil
Asian shares eked out cautious gains on Wednesday, as higher Wall Street futures provided some relief after an overnight U.S. selloff, though deeper worries about...
BP to quit Alaska after 60 years with $5.6 billion sale to Hilcorp
British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a...
Hyundai Motor agrees wage deal, avoids strike for first time in eight years
Hyundai Motor Co and its South Korean workers’ union have reached a tentative wage deal and averted strike action for the first time in eight...