Photo: The Canadian Press China’s economic growth missed forecasts in the second quarter of the year, adding to worries over surging youth unemployment and a weak property sector and raising the likelihood the government will double down on support for the faltering post COVID-19 recovery. The world’s second largest economy grew at a 6.3% annual…
Tag: sky business news
Renewing a mortgage this year? Here’s what the latest rate hike means for you
Like many homeowners, Ian Marsden has been following what the Bank of Canada has been up to lately quite closely. He bought a house in Calgary in 2018 on a five-year, fixed rate loan, at about three per cent. He went with a 25-year term, and because he chose an accelerated biweekly payment plan, each…
Threads collect so much sensitive information it’s a ‘hacker’s dream,’ experts say – Business News
Photo: The Canadian Press This photo, taken in New York, Thursday, July 6, 2023, shows Meta’s new app Threads. Meta’s new social media platform Threads is gobbling up massive amounts of sensitive data on its 100 million users and counting. THE CANADIAN PRESS/AP-Richard Drew It knows when you’ve been online shopping, the last time you…
Quebecor to pull ads from Facebook, Instagram after news access halted
Telecom and media firm Quebecor said on Wednesday it will pull its ads from Facebook and Instagram following Meta Platforms’ decision to stop access to news on both social media platforms in Canada over a law requiring payments to local news publishers. The Online News Act, or Bill C-18, was introduced in April last year…
Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
Published: Jul. 14, 2023 at 9:00 AM EDT|Updated: 2 hours ago NEW YORK, July 14, 2023 /PRNewswire/ — Ace Global Business Acquisition Limited (NASDAQ: ACBA), a special purpose acquisition company (the “Company”), announced today that Ace Global Investment Limited, the Company’s initial public offering sponsor (the “Sponsor”), has deposited into the Company’s trust account (the…
As Canadian cities make pandemic patios permanent, experts call for clear standards – Business News
Photo: The Canadian Press A server clears a table on a patio at a restaurant, in Vancouver, on Friday, April 2, 2021. COVID-19 showed Canadian cities the benefits of extended patio programs for businesses and citizens, but experts say cities in the middle of transitioning to permanent versions of temporary policies are undermining pandemic-spurred improvements….
Fake online reviews: US proposes bans
WASHINGTON – US federal regulators are looking to crack down on fake reviews and other deceptive internet practices. The Federal Trade Commission proposed a new rule Friday that would ban paying for reviews, suppressing honest reviews, selling fake social media engagement and more. Businesses would also be prohibited from running company-controlled websites that claim to…
Businesses Would Get Lots of Tax Savings Under House GOP Plan Kiplinger Tax Letter
The House GOP tax plan indicates what’s to come if Republicans control Congress and the White House after 2024. Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight…