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Telus International shares slump on lower guidance – Business News

Telus shares slump The Canadian Press – Jul 14, 2023 / 9:37 am | Stories: 436810 Photo: Jon Manchester Shares of Telus International Inc. were trading down almost 30 per cent at midday on the Toronto Stock Exchange after it slashed its growth guidance for the year. The company, which Telus Corp. spun off in […]

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CREA downgrades sales forecast as interest rates weigh on buyers – Business News

Photo: The Canadian Press The Canadian Real Estate Association has downgraded its home sales forecast for this year and next as fewer buyers jump into the market. The association said Friday that it expects 464,239 properties to trade hands this year, a 6.8 per cent decrease from last year. It also now predicts 516,043 being

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China’s economy misses growth forecasts, raising the odds of more support for its edged recovery – Business News

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

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Second Alzheimer’s drug in pipeline promises to slow worsening – Business News

Photo: The Canadian Press Another experimental Alzheimer’s drug can modestly slow patients’ inevitable worsening — by about four to seven months, researchers reported Monday. Eli Lilly and Co. is seeking Food and Drug Administration approval of donaneb. If cleared, it would be only the second Alzheimer’s treatment convincingly shown to delay the mind-robbing disease —

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Digital publication fights CRA finding that it does not produce ‘original news’ – Business News

Outlet fights for ‘news’ labels The Canadian Press – Jul 17, 2023 / 10:07 am | Stories: 437166 Photo: The Canadian Press A digital publication is asking the Federal Court to review a decision made by the Canada Revenue Agency that prevents them from accessing incentives for journalism. The Canada Revenue Agency sign outside the

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Deloitte report forecasts oil prices to rise modestly over the next three months – Business News

Oil prices forecast to rise The Canadian Press – Jul 6, 2023 / 6:37 am | Story: 435533 Photo: The Canadian Press A report by Deloitte Canada forecasts crude oil prices will increase modestly over the next three months. The report by the firm’s resource evaluation and advisory group says lower supply will begin to

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Twitter threatens legal action against Meta over Threads: report – Business News

Photo: The Canadian Press This photo, taken in New York on Wednesday, July 5, 2023, shows the logo for Meta’s new app Threads, left, and that of Twitter. Meta is poised to unveil the new app that appears to mimic Twitter — a direct challenge to the social media platform owned by Elon Musk. A

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BC port strike enters day seven as union, employers association trade barbs – Business News

Port strike now week long The Canadian Press – Jul 7, 2023 / 5:46 am | Story: 435713 Photo: The Canadian Press The strike by thousands of workers at more than 30 British Columbia ports has entered its seventh day, as their union and the association representing BC maritime employers trade barbs about the stalled

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