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Primaris REIT buying Halifax shopping complex for $370 million

Primaris REIT buying Halifax shopping complex for $370 million

TORONTO — Primaris Real Estate Investment Trust says it has signed a deal to buy a shopping centre complex in Halifax for $370 million. The deal includes the Halifax Shopping Centre and the Annex, which sits adjacent to the mall.
First Quantum reduces operations at Cobre Panama further as blockade continues

First Quantum reduces operations at Cobre Panama further as blockade continues

TORONTO — First Quantum Minerals Ltd. says it has reduced operations at its Cobre Panama copper mine further and warns if a blockade of small boats at the mine's port continues it will have to temporarily halt production.
Yemen's Houthi rebels hijack an Israeli-linked ship in the Red Sea and take 25 crew members hostage

Yemen's Houthi rebels hijack an Israeli-linked ship in the Red Sea and take 25 crew members hostage

JERUSALEM (AP) — Yemen's Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route Sunday and took its 25 crew members hostage, officials said, raising fears that regional tensions heightened over the Israel-Hamas war were
Rogers, union representing striking workers in Metro Vancouver reach tentative deal

Rogers, union representing striking workers in Metro Vancouver reach tentative deal

Rogers Communications Inc. has reached a tentative agreement with the union representing nearly 300 striking workers in Metro Vancouver after contract talks broke down and the company issued a lock-out notice earlier this month.
No Frills reaches deal with Unifor workers to avert strike at 17 Ontario stores

No Frills reaches deal with Unifor workers to avert strike at 17 Ontario stores

TORONTO — Unifor has reached a tentative deal on behalf of almost 1,300 No Frills workers across Ontario, the union said Sunday, averting a looming strike that was set to get underway in less than 24 hours.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release its latest reading on inflation Tuesday morning when it releases its consumer price index for October.
Massive potash mine being built in Saskatchewan breaks new ground for women

Massive potash mine being built in Saskatchewan breaks new ground for women

In July of this year, mining giant BHP announced a company first. More than 14,000 kilometres away from its Melbourne, Australia headquarters, BHP said it had achieved its "gender balance" target for its local workforce in Saskatchewan.
SpaceX launches its giant new rocket but a pair of explosions ends the second test flight

SpaceX launches its giant new rocket but a pair of explosions ends the second test flight

SpaceX launched its mega rocket Starship but lost both the booster and the spacecraft in a pair of explosions minutes into Saturday’s test flight. The rocketship reached space following liftoff from South Texas, but communication suddenly was lost.
IBM, EU and Disney pull ads from Elon Musk's X as concerns about antisemitism fuel backlash

IBM, EU and Disney pull ads from Elon Musk's X as concerns about antisemitism fuel backlash

Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content and hate speech on the site in general, with billionaire owner Elon Musk inflaming tensions with his own posts endorsing an antisemitic
ChatGPT-maker OpenAI fires CEO Sam Altman, the face of the AI boom, for lack of candor with company

ChatGPT-maker OpenAI fires CEO Sam Altman, the face of the AI boom, for lack of candor with company

SAN FRANCISCO — ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board of directors.