Canada adds net 289,600 jobs in May
Canada added a net 289,600 jobs in May, with most of the employment gains coming in full time, Statistics Canada said on Friday. The rebound...
LVMH backs down on renegotiating Tiffany deal: sources
French luxury goods giant is not seeking to renegotiate its $16.2 billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do...
U.S. unemployment rate unexpectedly falls in May
The U.S. unemployment rate unexpectedly fell in May and layoffs abated, the Labor Department said on Friday in a report that showed the latest signs...
Bombardier to cut 2,500 aviation jobs as COVID-19 slams demand
Canadian business jet maker Bombardier Inc said on Friday it would cut 2,500 jobs, or about 11% of its workforce, at its aviation unit as...
BBC appoints insider as new boss to negotiate future finance model
The BBC appointed an insider as its new director general on Friday, tasked with securing the future direction and financing of the publicly-funded British broadcaster...
Global stocks and euro gain ahead of U.S. jobs data
World stocks held near three-month highs and the euro also remained close to a three-month peak, thanks to a larger than expected European stimulus boost...
BA owner considering legal challenge on UK quarantine as relations fray
The owner of British Airways is considering launching a legal challenge against the UK’s looming quarantine plan, in the latest sign of a breakdown in...
British luxury carmaker Bentley to cut quarter of workforce
British luxury carmaker Bentley Motors said on Friday it plans to shed up to 1,000 jobs, nearly a quarter of its workforce, adding to the...
Bargain-conscious Americans lift used-car sales in the coronavirus economy
At the height of the coronavirus pandemic in mid-April, used-car dealer Alex Tovstanovsky had vehicles jammed six rows deep on his lot in the western...
BBC appoints Tim Davie as new boss to negotiate future finance model
Tim Davie was appointed the new head of the BBC on Friday, tasked with securing the future direction and financing of the publicly funded British...