Business

Trump threatens to cut off trade with Spain after it disallowed US use of joint bases in Iran war

WASHINGTON (AP) — President Donald Trump on Tuesday threatened to end trade with Spain, citing a lack of support over the U.S. and Israeli attacks on Iran and the European nation's resistance to increasing...

35m ago

Rising foreign investment in Canada doesn't tell the whole story, economists say

OTTAWA — Statistics Canada says the flow of foreign direct investment into the economy came close to a two-decade high last year, while economists caution the volume of capital entering Canada isn't...

1h ago

S&P/TSX composite tumbles 2 per cent, U.S. markets also down on Mideast war fears

TORONTO — Canada's main stock index dived, then pared back some of its losses to finish the day 2.2 per cent lower on Tuesday as investors worried about a widening of the war between Iran and the United...

19m ago

The price of a gallon of gas spiked overnight in the U.S., and drivers overseas are filling up tanks

NEW YORK (AP) — The average price for a gallon of gasoline jumped 11 cents overnight in the U.S., and some drivers in Europe waited in line to fill their tanks with fuel, as war engulfed the Middle East...

3h ago

Retailer Roots launches strategic review that could lead to a sale

TORONTO — Roots Corp. has launched a strategic review that it says could end with a sale of the clothing retailer. The apparel business announced the review Tuesday, framing it as a way to analyze and...

4h ago

Target to invest another $2 billion in its business this year to reverse its sales malaise

MINNEAPOLIS (AP) — Target is investing another $2 billion in its business this year to spruce up its store experience, remodel stores and invest in its workers as it tries to turn around a persistent...

1h ago

3M Canadian adults taking GLP-1 drugs, reshaping eating and spending, survey suggests

TORONTO — A new survey suggests about three million Canadian adults are currently taking GLP-1 drugs such as Ozempic or Mounjaro and that many more would like to, but cost is a barrier. The poll conducted...

3h ago

Netanyahu takes a gamble on American support for Israel with the war against Iran

Throughout his political career, Israeli Prime Minister Benjamin Netanyahu has steered his country along two pillars of foreign policy: an ironclad partnership with the United States and a relentless diplomatic...

7h ago

Carney in Australia to deepen trade and defence ties with 'natural partner'

SYDNEY — Prime Minister Mark Carney is in Australia, where he is set to hold his first news conference in two weeks. The prime minister arrived in Sydney midday Tuesday local time, which was Monday evening...

5h ago

Israel steps up airstrikes in Tehran, as Iran widens its response across the region

DUBAI, United Arab Emirates (AP) — Israel said it launched airstrikes against Iranian missile launchers and a nuclear research site Tuesday, and Iran struck back against Israel and across the Gulf region,...

5m ago